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Seavest and Ciminelli Break Ground on $100 Million Project
Date:9/20/2013

age with 332 spaces, and the developers plan to seek LEED Gold certification from the U.S. Green Building Council.

“Conventus is Latin for ‘meeting’ or ‘coming together,’” Seavest Senior Managing Director & CIO Jonathan L. “John” Winer explains, “and this building will do just that. It will not only bring together a range of healthcare-related users, encouraging the collaborative sharing of resources and ideas, it will also serve as a physical hub for the BNMC, conveniently linking several of the other clinical, academic and research buildings.”

Conventus will be connected via second-floor skybridges to the existing UB Research Institute on Addictions, as well as two buildings now in development: Kaleida’s John R. Oishei Children’s Hospital, which will replace its existing Women and Children’s Hospital, and the new UB School of Medicine and Biomedical Sciences. In addition, a renovation of a nearby metro rail station will ensure that patients, shoppers and commuters will be able to access the Conventus building without ever being exposed to the elements.

“A fundamental part of our strategy is to develop and acquire significant healthcare facilities aligned with successful health systems,” says Douglas F. “Doug” Ray, President and CEO of Seavest Healthcare Properties. “With Kaleida Health, the leading provider in western New York, as our lead tenant, we have certainly achieved that strategic objective.”

“The fact that Conventus is located so strategically and will be connected to the new John R. Oishei Children’s Hospital and UB’s new Medical School creates a synergistic physical environment,” says Joe Kessler, Chief Financial Offer for Kaleida Health. “The resulting efficiency brings clinical, research and academia together in a way that will, ultimately, translate into a higher level of patient care.”

Another core strategy for Seavest is to collaborate with high-quality local partners, combining its strategic capital and
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