Carnegie Management Lands $537.5M in VA Healthcare Contracts

Carnegie Management & Development Corp., headquartered in Westlake with roughly 36 local employees and 1,500 nationally, has secured two major Veterans Affairs contracts valued at more than $537.5 million combined. The contracts call for construction of new VA outpatient clinics in Baton Rouge, Louisiana, and Clarksville, Tennessee. Both facilities will serve as full-service community-based outpatient clinics providing primary care, mental health, and specialty services to veterans in their respective regions. Carnegie Management specializes in government-sector real estate development, with a portfolio that includes projects for the FBI, IRS, and VA. The firm designs, builds, and manages facilities under long-term lease agreements with federal agencies. The Baton Rouge clinic will replace an aging facility that has struggled to keep up with growing demand from the region's veteran population. The Clarksville project addresses a similar need in the Fort Campbell corridor along the Tennessee-Kentucky border. Both projects are expected to break ground later this year, with completion timelines stretching into 2028. The 20-year lease structures guarantee Carnegie Management a steady revenue stream while providing the VA with modern, purpose-built healthcare facilities. The awards represent a significant win for Northeast Ohio's commercial real estate sector, demonstrating that the region's development firms continue to compete successfully for high-value federal contracts nationwide.