Madison-based Navitus Health Solutions is the planned anchor tenant for a major development near West Towne Mall, the developer announced at a community meeting Thursday.
The pharmacy benefits management company is the planned tenant for the West Place project at the corner of South Gammon and Mineral Point roads, John K. Livesey, president of Livesey Co., said.
Livesey Co. previously proposed building 17 structures on the 23-acre property for a mix of retail, commercial and residential uses, but the project was halted in March when it proved to be financially unfeasible.
“I’m much more excited about this project,” Livesey said. “We ended up having such a great tenant like Navitus.”
Livesey stressed at the meeting that the project and agreement with Navitus is not a “done deal” but that everything seems to be moving toward a contract.
“It’s never done until the lease is signed,” Livesey said. “They authorized me to use their name today, but they also stressed that we have many things to overcome. That’s true with any deal.”
The current proposal for West Place would use just 10 acres of the property for with two office buildings — one for Navitus’ headquarters and another for offices and a call center for the company’s specialty pharmacy division, Lumicera — along with a separate structure that would house two to four restaurants, Livesey said.
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With the space allotted, Navitus could employ up to 350 people.
Room for growth
The site is a good fit for Navitus, Livesey said, because its 10 acres allow for future building if the company continues to grow. Doug Hursh, director of design for the Potter Lawson architectural firm, said the long-term plans for the site could include additional buildings with space for as many as 1,000 employees.
Navitus plans to move its headquarters from its current location on the South Side, at 2601 West Beltline, in early 2019.
Livesey said redevelopment of the site should begin with demolition at the end of the year and be finished in January 2019.
“(Navitus) used to be in the district a long time ago,” said Ald. Paul Skidmore, 9th District, who represents the area. “When they were growing they moved down to their current headquarters. They’ve outgrown it and now they’re moving back. So they’re here for the long haul.”