Urology of Virginia plans to expand into a newly constructed 42,585-square-foot building adjacent to its current location at 225 Clearfield Ave. in Virginia Beach. The new facility will house a cancer center on the first floor, an ambulatory surgery center on the second floor, and physician offices and a conference room on the third floor.
The company will invest a total of $17.8 million in capital improvements and business property through this expansion. The new facility creates 66 full-time positions including eight physicians and 58 staff with combined average salaries of $72,811.
The Virginia Beach Development Authority has awarded Urology of Virginia an Economic Development Investment Program grant in the amount of $150,000 based on these plans to expand its Virginia Beach workforce and the amount of capital investment.
“We are honored to have Urology of Virginia in Virginia Beach,” said Warren D. Harris, director of Virginia Beach Economic Development. “Not only will residents of our City and region have access to improved urologic health care, but Urology of Virginia conducts world-class medical research and development that attracts medical professionals from around the world.”
For the Department of Economic Development, the expansion aligns with its target industry plan to attract, retain and assist with the expansion of biotech, research and healthcare companies.
“We also know that having practices like Urology of Virginia in Virginia Beach attracts even more businesses within this industry sector,” added Harris. “We anticipate a return on this investment of $118 to every $1 invested within a year.”
Urology of Virginia currently has 157 people on staff including 24 physicians and attracts patients from the United States and around the world. In addition to the urology medical services, the practice includes the Schellhammer Urological Research Foundation, a non-profit organization that supports education of residents and fellows; the Paul F. Schellhammer Cancer Center; and the Devine‐Jordan Center for Reconstructive Surgery and Pelvic Health.
The practice was formed in 1997 when nine urology practices merged. It included Dr. Charles Devine Sr.’s practice, which is world renowned. That program has been associated with the beginning of Eastern Virginia Medical School and has been the department of urology for EVMS training the urologist of the future. The practitioners at Urology of Virginia are nationally recognized, board certified and committed to new and innovative treatments and cures. The practice focuses on the diagnosis and treatment of all urological conditions in five Hampton Roads locations. For more information, visit urologyofva.net.
The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international businesses to stimulate capital investment and create jobs. Virginia Beach is the most populous city in Virginia with a population of 440,000, and it is the 39th largest in the United States. It is recognized as the Best Run City in America by 24/7 Wall St. The Department of Economic Development received re-accreditation through the International Economic Development Council in 2012 and is one of only 29 economic development organizations in the world to have this recognition. Virginia Beach has been recognized as 7th in Leading the Country in a Manufacturing Revival by Forbes. It is listed among the Top Five Overall Mid-sized American Cities of the Future, Top 10 for Economic Potential and Top Five for Infrastructure by fDi Magazine. CNNMoney.com ranked Virginia Beach as the Easiest Place to Start a Business and the 2nd Most Business-Friendly City in the country. For more information, visit www.yesvirginiabeach.com.
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