Pikeville Medical Center and the City of Prestonsburg have finalized a property sale that is expected to bring a new facility into Floyd County.
On Thursday, May 2, the hospital and the City of Prestonsburg, Kentucky Municipal Holding Corporation filed a deed in the Floyd County Clerk’s Office, reporting the sale of the former Music Carter Hughes dealership property on South Lake Drive to the hospital.
According to the deed, PMC is paying Prestonsburg $440,000 for the property — the same amount that Prestonsburg paid to buy it from My Three Sons of Prestonsburg in 2017.
The Prestonsburg City Council initially planned to build a community center on this property, but after attempts to find funding fell through, the council declared the property as surplus and decided, instead, to sell it to the hospital to boost economic development in the city.
PMC reported in a statement that the hospital intends to build a medical outpatient facility on the property.
“We want to thank Mayor Les Stapleton and the Prestonsburg City Council for their commitment to this project and for welcoming us to the area,” said PMC CEO Donovan Blackburn, who also serves as vice president of the hospital’s board of directors. “They have worked diligently with me to help remove any potential hurdles and clear the way for this opportunity to further develop our regional outreach in health care.”
Blackburn said in the statement that, “realizing the quality of care PMC will bring to the area, the mayor and city council members were ready and eager to make this purchase possible.”
“Our commitment to advance and develop world-class health care to the City of Prestonsburg further highlights the tremendous growth of the hospital,” said Blackburn. “We know this phase of development will demonstrate economic growth potential in Prestonsburg and the surrounding area.”
The next phase of the project is a demolition plan, PMC reported, and the hospital will collaborate with an architectural firm that is experienced in developing urgent care and community clinics.
“We look forward to this new construction project and its impact on health care,” stated Blackburn. “It is a great day when we can bring quality health care to those in need. We are anxious and excited to further develop relationships in the Prestonsburg area. As plans continue to unfold, we will provide additional details on the services that will be available in our new location.”
PMC already has several clinics open in Floyd County, including clinics in Martin and Harold and a specialty clinic in the former First Commonwealth Bank building in Prestonsburg.
“PMC has recently made significant investments and opened new clinics in Whitesburg and Martin. In July, our newest clinic will open in South Williamson. We are excited to open our first clinic and/or urgent care-type facility soon in Prestonsburg,” the press release said.