Molasky Group’s Build to Suit for Catamaran Rx/Briova Rx at UNLV/Reid Tech Park
LAS VEGAS — On behalf of pharmacy benefits manager Catamaran Rx and specialty pharmacy, Briova Rx, The Molasky Group of Companies is developing a 110,000 square foot, two-story office and warehouse/distribution center at the UNLV Harry Reid Research & Technology Park, in the southwest part of the Las Vegas valley. The Molasky Group competed for the work participating in an RFP process conducted by Catamaran and Jones Lang La Salle.
The building, to be located on Solutions Parkway near Sunset Road and Durango Drive, will cost $23MM to develop and is one of the first projects to be done in the UNLV Harry Reid Research & Technology Park.
Catamaran Rx is entering into a long-term lease for a facility that will house a workforce of 450 qualified, versatile, flexible and diverse employees. The project will bring approximately 200 construction jobs to the valley.
Catamaran manages more than 350 million prescriptions each year on behalf of 32 million members. It processes one in every five prescription claims in the U.S. Catamaran is headquartered in Schaumburg, Ill., with multiple locations in the U.S. and Canada. Catamaran’s local contract customers currently include: Clark County Self-funded and Social Services, Culinary Health Fund, MGM International Resorts, Cirque de Soleil, as well as the following groups for the State of Nevada: Medicaid, Aids Drug Assistance, Health Co-Op, Mental Health and Development Services, Senior/Disability Rx Program and Public Employees Benefit Program.
“The new Catamaran/Briova facility sets the tone for what we ultimately want to achieve at the tech park,” says Ted Quirk, Chairman of the UNLV Research Foundation Board of Directors. “It shows the potential of a collaborative relationship between the business community and university; creating jobs and increased potential for related enterprises that require a highly educated and continually trained workforce with advanced knowledge.”
The UNLV Harry Reid Research & Technology Park is a 122-acre master planned park that is designed to lure technology as well as development and research tenants. It is committed to attracting high quality tenants to its campus setting and fostering collaborative relationships, including affiliation opportunities with the University of Nevada, Las Vegas (UNLV) by providing access to faculty, students, research capabilities, core lab facilities, and cultural events.
The Molasky Group will serve as real estate developer on the project along with Martin Harris as the general contractor, 10 Nine Group as the architect, Walker Engineering as the civil engineer firm, Tectonics Design as the structural engineer and Harris Consulting Engineers as the Mechanical/plumbing/electrical firm. Whitney/ESD and Clune Construction Company will be completing the tenant improvements on behalf of Catamaran.
“We’ve assembled a great local team to develop a state-of the art facility that will serve as administrative offices, pharmacy, warehouse and distribution center for Catamaran Rx and Briova’s west coast operations,’ says Richard Worthington, president and chief operating officer for the Molasky Group. “It will have a classic look on the exterior with a cost-effective, efficient and highly-functional interior to help Catamaran advance the state of the art in their industry related to innovation and optimization in their business systems. This new facility truly fosters economic growth and development of Southern Nevada.”
The project is scheduled to break ground in October, 2014 and Catamaran will open its new doors in 2015.