Environmentally-friendly and efficient “build to suit” spaces for the modern clinic.

company

Company
Overview

  • 300,000 ft

    of Commercial Space

  • 14

    Properties

  • 112%

    year-over-year growth

Uvea Capital is the real estate acquisition and construction sibling to Acuity Eye Group which is currently the Largest physician owned vertically integrated Eyecare company in the USA. Uvea Capital was started in an attempt to develop an internal branch that could source and build out bespoke "build to suit" facilities for the growing clinical venture. As Acuity grew Uvea Capital was spun off as it's own company whose purpose is to identify, build and maintain properties that allow Acuity to control its geographic footprint and destiny.

Initially the company began as a vehicle for custom "spec houses" for the principal (Tom Chang) and allowed a creative outlet. As the corporate needs expanded, the company was designed around the it's sister company's needs. Uvea Capital identifies best in class locations that then serve as a canvass to build clinical, surgical and administrative settings to allow Acuity to grow. One mandate Uvea will assist Acuity to fulfill is to move towards a 2030 goal of being completely Carbon Neutral. Where available, Uvea Cap installs Solar panels with Battery backup, water reclamation systems, drought resistant plantings and (where possible) solar reflecting surfaces. Uvea Capital is poised to help Acuity achieve its ESG goal of becoming one of the most environmentally friendly Physician groups in the country.

ESG

At Acuity our goal is to take care of patients with the highest level of expertise and compassion possible. We believe that we can simultaneously take care of the planet by focusing on where we expand our carbon footprint and how we can mitigate it.

In conjunction with our sister company Uvea Capital (www.uveacapital.com) we have made it our mission to be the largest savers of electricity and water of any physician practice group in the world. We want to achieve this goal by 2030 and aim to be a net zero company before that.

Electricity savings is carried out by focusing on key areas of consumption:

  • LED lighting
  • Timed light switches
  • Central thermostats timed to shut off when patients are not in clinics and automatically cooling facilities prior to the first patient arrival.

In addition we are installing solar generation panels to many of our clinics and this year alone we have plans for solar installs that will generate 3.5 million kw/hrs of energy each year and will make 13 of our clinic, all of our administrative offices and 5 of our surgery centers net energy neutral.

This is a start and we are dedicated and focused on taking care of mother earth as much as we are in doing so for our patients and staff. We look forward to sharing more news about this with you in the future.

As the largest physician owned eyecare provider group in the country we pride ourselves on doing things differently than corporate run entities. Although there is always room for improvement, we have consistently been industry leaders in net promoter scores and patient satisfaction scores.

We are committed to developing and growing an equitable, diverse workforce with fair treatment and equal opportunities for growth for all.

Our culture is built on a foundation of high ethical standards and expectations across all levels of our organization. For example, our Compliance & Ethics Committee is composed of senior leaders across all functions of the organization. The Committee meets regularly to analyze industry trends, identify opportunities to expand our efforts, and to develop practical guidance for our associates. Additionally, our compliance team has a direct reporting line to the Board of Directors.

We understand that associates at any level within the organization must feel empowered to contribute to a culture of compliance. That is why we have reporting mechanisms by which associates can elevate issues directly to our compliance leadership, even on an anonymous basis.

Commercial
Properties

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Bakersfield

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Lancaster

44815 Fig Avenue, Lancaster, CA

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Pasadena-California

100 E. California Blvd., Pasadena, CA

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El Paseo

73180 El Paseo, Palm Desert, CA

Residential
Properties

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Valecrest

1032 Valecrest Palm Desert, CA 92260

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Big Horn

Big Horn, Palm Desert, CA 92260

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Peary Place

81333 Peary Place, La Quinta CA 92253

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Columbus

81127 Columbus Way, La Quinta CA 92253

Our Team

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Dr. Tom Chang

Founder of Uvea Capital has been a life long student of Real estate and Architecture. Dr. Chang founded Acuity Eye Group in 2005 and has grown it into the largest private vertically integrated eyecare group in the US. Uvea Capital was initially started as a mechanism to allow Acuity to control its own geographic density but grew into an organization that could support the main ESG mission of Acuity Eye Group: Environmental consciousness and achieving a net Carbon neutral work place for clinical ventures. With the Baby boom generation now entering Medicare age, Acuity is poised to help with the expected surge in health care needs resulting from this epidemiological event. At Uvea Capital, we believe that we can do this in a manner that helps take care of the earth for generations to follow.