UNIVERSITY PARK -- The new year will bring new commercial activity to the northeast corner of Lockwood Ridge Road and University Parkway when a development company headed by a Palmetto pediatrician opens a new clinic and a small block of retail.
Shriyog Corp., a company controlled by Dr. Snehal V. Parikh, will open two new buildings totalling 13,800 square feet at 3315 and 3425 University Pkwy. by late January. The larger of the two, a 7,500-square-foot medical office building set well back from the main road, house an expansion of Parikh's Palmetto Pediatrics practice. To be called Manasota Pediatrics, the office will take on about 1,200 of Parikh's current patients who live in south Manatee County and Sarasota County.
The second building, which has prominent visibility to passing motorists, is expected to house several retail tenants.
The new buildings are just east of a shopping center, a self-storage facility and an Applebees restaurant. To the west is the Country Oaks housing subdivision.
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Parikh purchased the property three years ago with plans to expand his growing practice. He said the size of his practice has grown from 700 patients to 7,000.
Project: Manasota Pediatrics
Location: 3425 and 3315 University Pkwy.
Project type: Medical office building and retail space
Owner: Shriyog Corp., Bradenton
Developer: Shriyog Corp.
Builder: Raj Mathur Construction, Bradenton
Architect: Parker Walter Group, Sarasota
Engineer: King Engineering Associates, University Park
Project value: $1 million
Project start date: June 2015
Projected completion date: January 2016
Square footage: 13,800 square feet across two buildings
Property size: 2.3 acres
Status Update, a new weekly feature, is a regular look at the progress of construction projects throughout Manatee County.