According to the Sacramento Business Journal, today Kaiser Permanente closed escrow on 37 acres in North Natomas area east of I-5 and north of I-80.
Plans for the property are assumed to be a replacement facility for the aging Morse Avenue medical center, but plans haven’t been yet disclosed by Kaiser.
Many healthcare-related projects are taking place in Natomas recently; Centene Corp has developed property east of I-5 near Arena Drive, The Arco Arena property will be developed into a hospital by California Northstate University, and Kaiser owns another 14 or so acres near the Promenade in Natomas.
There has not been any immediate comment by Kaiser Permanente.
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