Gary Hock Donates $1 Million to Cottage

 

Santa Barbara Cottage Hospital Foundation is the recipient of a $1 million cash gift from Gary Hock.

 

A newcomer resident of Montecito, Mr. Hock is the founder and president of Durham, North Carolina-based Hock Development Corporation and its related companies, such as GM Hock Construction. The company specializes in medical office buildings and outpatient facilities for medical providers.

 

Mr. Hock established his business in Pennsylvania in 1969. During that time, the company developed extensively for the State of Pennsylvania and, at one point, was one of the largest developers of leased properties for the state.

 

 

Other clients of Mr. Hock’s companies include Duke University Health System, Reliance Insurance, Hewlett-Packard,  Xerox Financial Services, HCA, HealthSouth, General Electric and more than 30 private physician practices.

 

Construction on the new Santa Barbara Cottage Hospital began in 2005 and is expected to cost more than $700 million. The first two patient pavilions will be completed in 2011.

 

12/31/09