CORE Construction and OSF HealthCare System have a new joint venture called POINTCORE. It’s a relationship that offers the growing healthcare system consistent quality construction standards.
CORE Construction company is also officially adding a specialized construction area to its business portfolio. Quintin Smith is the President of the newly formed group. “We’re providing construction services, with healthcare, with innovation, with technology and providing a new delivery model on how these services can come to make this a better industry as a whole.”
With the venture, CORE Construction and its subsidiary POINTCORE also have a new address. OSF and CORE celebrated the ribbon cutting and blessing for 601 Water Street location Thursday.
Wayne Baum is the chairman of 82-year-old CORE Construction that was started by his father. “POINTCORE was founded on the principals of trust and transparency, which we will provide value and officancies gained from the experience and expertise of both parties.”
Baum says, “CORE will also endeavor to assist in the future growth of POINTCORE Construction Services in other parts of the country where the CORE group operates.” And Baum says the company that's been headquarterd in Morton will also maintain a presence there.
OSF representatives say this move aligns the healthcare system with a single general contractor to assure consistent standards, and OSF also plans to continue using local subcontractors whenever possible in all of its regions.
The POINTCORE venture between CORE and OSF and move of CORE’s home- office places the construction company in the Peoria Warehouse District. That’s comfortable proximity to the historic former Chase Bank building. OSF is planning a renovation of the century-old building. Upon completion the buildin is expected to house 700 OSF employees in downtown Peoria.
OSF HealthCare has 126 locations and nearly 21,000 employees in Michigan and Illinois.