Physicians band together to reopen Chinatown hospital as urgent care facility

The 89,000-square-foot facility had operated as Pacific Alliance Medical Center until December

Los Angeles /
Feb.February 19, 2018 05:30 PM
531 W. College St. (Credit: Google Maps)

When Pacific Alliance Medical Center announced in October that its Chinatown location would be closing, residents in the surrounding community expressed concern over losing the neighborhood’s only hospital.

Those concerns became reality when the facility, located at 531 W. College Street, closed on Dec. 11. The ownership group, La Societe Francaise de Bienfaisance Mutuelle De Los Angel, cited financial reasons for the move.

Now, a team of physicians calling themselves Allied Pacific wants to reopen the 89,000-square-foot hospital as a 24-hour urgent care facility.

The new urgent care building would allow for cardiology, ophthalmology, diabetes and other health services, the Los Angeles Times reported. AHMC Healthcare, which operates five hospitals already, is partnering with Allied for the bid.

Before it closed, the hospital had been operating at massive annual losses, the owners said. In 2015, it lost $53 million and the next year, $44 million. California law would have also required the owners to retrofit the facilities by 2030, a costly endeavor for a struggling hospital.

La Societe Francaise acquired the property for an unspecified amount in December 1999.

PAMC Ltd, operating as Pacific Alliance Medical Center, also owns the neighboring facility at 711 W. College Street. That building is about 66,000 square feet, according to records.

Bids were due last week. But it was not known when the winner will be announced. [LAT] — Natalie Hoberman


Related Articles

arrow_forward_ios
USPS nears lease for 100K sf distribution center in City of Industry
USPS nears lease for 100K sf distribution center in City of Industry
USPS nears lease for 100K sf distribution center in City of Industry
Renderings of the project and Brookfield Properties Managing Partner and CEO Brian Kingston (Brookfield, Los Angeles Department of Building & Planning)
Brookfield plans 350-unit apartment complex at Northridge shopping center
Brookfield plans 350-unit apartment complex at Northridge shopping center
Renderings of The Star
The Star, a $500M office tower project, looks to light up Hollywood
The Star, a $500M office tower project, looks to light up Hollywood
The Boyd Street fire in May, 2020 (Getty)
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
(Getty Images)
SoCal’s “Space Beach” is ready for liftoff
SoCal’s “Space Beach” is ready for liftoff
Clockwise from top left: Kilroy Realty CEO John Kilroy, Boston Properties CEO Owen Thomas, TMG Partners CEO Michael Covarrubius and Eastdil Secured CEO Michael Van Konynenburg (Kilroy, LinkedIn via Thomas, TMG Partners, LinkedIn via Van Konynenburg, Getty)
“We gotta get people back to the office”: West Coast landlord execs press for return
“We gotta get people back to the office”: West Coast landlord execs press for return
Oxford Properties CEO Michael Turner and the campus (Oxford)
Oxford moves into LA with $134M industrial buy
Oxford moves into LA with $134M industrial buy
Post-production campus in Burbank sells for $37M
Post-production campus in Burbank sells for $37M
Post-production campus in Burbank sells for $37M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...