Camden now owns two-thirds of med park
By Jon Hawley
Tuesday, March 13, 2018
In a win-win deal, Camden has purchased Pasquotank County's share of the Camden Medical Park and a former daycare building the county soon hopes to turn into a new pre-kindergarten facility.
Camden County Manager Ken Bowman said Monday that the county closed the deal Friday with Pasquotank, paying $275,000 to acquire its neighbor's one-third interests in the medical park and the former daycare of the Northeastern Community Development Corporation.
Pasquotank inherited partial ownership of the properties through its ownership of the former Albemarle Hospital, which had acquired them for medical office space. That was years before the hospital was leased to Pasquotank and became Sentara Albemarle Medical Center in 2014.
Camden is now two-thirds owner of both properties, Bowman said. The remaining owner is Trillium Health Resources, who inherited the properties from Albemarle Mental Health Center. Trillium wants to keep its space in the medical park, Bowman said, but is willing to sell its interest in the NCDC building.
Bowman declined to say how much Camden is willing to spend on the property, but said it hopes to close the purchase by the end of the month.
With complete ownership of the NCDC building, Bowman said Camden will look to make repairs costing about $30,000 to reopen it as a pre-K center by August. Camden County Schools needs more space for preschool, and reopening the building is a better option than buying modular buildings to expand pre-K space, he said.
Bowman acknowledged that the $275,000 purchase was a significant sum for Camden to spend, but said commissioners had planned for the purchase and it hasn't caused Camden to delay any projects.