LOS ANGELES--(BUSINESS WIRE)--OneLegacy announced today that it will relocate its corporate office from downtown Los Angeles to a new 4.45-acre property it has acquired in Azusa, California.
“The new property reflects the tremendous growth OneLegacy has achieved over recent years while providing the space and resources needed for us to continue to save and heal even more lives through donation,” said OneLegacy CEO Tom Mone. OneLegacy is the largest organ, eye and tissue recovery organization in the world.
The Azusa property currently contains a 98,000-square-foot, three-story commercial building, which OneLegacy intends to update to accommodate its administrative, foundation and clinical operational needs. Upgrades of lighting, glazing and HVAC systems to meet current efficiency standards and OneLegacy’s operational needs are anticipated to take up to a year to complete.
Plans also call for the construction of an additional 50,000-square-foot structure that will connect to the existing building and will house a state-of-the-art transplant recovery and research center along with a 16,000-square-foot conferencing space. This facility will be roughly triple the size of the company’s existing Transplant Recovery Center in Redlands. Opened in February 2018, the Redlands facility was California’s first dedicated Transplant Recovery Center; and last year alone the center performed over 1,000 donor recoveries, which saved and healed more than 75,000 lives.
“We are proud of the partnership with the city of Azusa and excited to call Azusa our new home,” said Mone. “OneLegacy has been searching for more than five years to find the right location for its headquarters. Azusa is a great fit for us, and the city and community have welcomed us with open arms.”
“We are excited to be the new home to OneLegacy,” said Azusa Mayor Joseph R. Rocha. “As the Most Business Friendly City in Los Angeles County, OneLegacy’s relocation to Azusa is a testament to our commitment to facilitating business entry and expansion. We look forward to our partnership and making an impact in our communities.”
The purchase price for the Azusa property, located at 1303 Optical Drive, is $18.4 million. OneLegacy has budgeted another $11.6 million for Phase 1 renovations and tenant improvements. Mone estimates an additional $30 million cost for Phase 2 construction that will include donor recovery, laboratory, conference and education space plus a helipad and parking structure. The initial purchase was made with cash that had been set aside for this purpose with subsequent construction anticipated to be financed with a combination of cash and tax-exempt financing.
OneLegacy is a nonprofit organization dedicated to saving and healing lives through organ, eye and tissue donation in seven counties in Southern California: Los Angeles, Orange, Riverside, San Bernardino, Ventura, Santa Barbara and Kern. Serving more than 200 hospitals, 11 transplant centers and a diverse population of over 20 million, OneLegacy is the largest organ, eye and tissue recovery organization in the world, enabling 150,000 transplantations each year. For more information, visit onelegacy.org, like us on Facebook or follow us on Twitter.