April 28, 2024 11:44 am
UM Health acquires former Kmart headquarters property for $4.4 million, aims to expand presence in Metro Detroit

In a bid to expand their clinical services and patient access in Oakland County, Michigan Medicine, part of the University of Michigan Health System, announced plans to purchase vacant land at the former Kmart headquarters in Troy. The 7.8-acre property, located at 3100 West Big Beaver Road, was previously owned by Forbes/Frankel Troy Ventures LLC and is expected to be acquired for $4.42 million.

The move is part of U-M Health’s effort to establish a broad network of care across the state, allowing more Michigan residents to access their services close to home. President of U-M Health, David Miller, believes that the facility will be a hub for advanced clinical programs like multi-disciplinary cancer care.

The headquarters, which has been empty for over 15 years, was set for demolition last fall. However, U-M Health plans to use this new investment to provide easier access to their world-class care for metro Detroit residents. Michigan Medicine CEO Marschall Runge sees this as a way to establish a presence in southeast Michigan and expand their reach into a new community of patients.

The new facility in Troy is seen as a strategic location to bring innovative clinical programs to a new community of patients and further enhance U-M Health’s reputation as one of the leading healthcare providers in the country.

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