Clarius Partners LLC, with capital partner Walton Street Capital, is developing SkyWay 202 Professional Park, a 60-acre fl ex-use professional park located at 40th Street and Loop 202 Red Mountain Freeway in Phoenix.

Southwest Orthopedic and Spine Hospital, an inpatient surgical hospital, will be Sky-Way 202’s first structure. The 94,000-sq-ft facility will feature an on-site intensive care unit, eight operating rooms, two preparatory rooms, and approximately 60 patient recovery rooms. Construction commenced during the first quarter with completion scheduled for Spring 2011.

Construction of the park’s primary infrastructure, roadway, 2-acre retention basin and utility backbones that will serve the hospital as well as future developments is now underway.

Because of the economy, the developers elected to reposition SkyWay 202 to focus on market segments that were less susceptible to the market downturn.

JE Dunn will act as general contractor on both the SOSH facility and the infrastructure improvements. The architectural firm of Ascension Group designed the SOSH facility while Kimley-Horn provided civil engineering services. Butler Design Group performed site planning.