Texas Health Care System Buys 21 Acres In Celina

A North Texas health care system has purchased 21 acres of land in Celina.

Arlington-based Texas Health Resources purchased 21 acres of land in Celina (Courtesy of REX Real Estate)

Arlington-based Texas Health Resources purchased two tracts of land at the northwest corner of the Dallas North Tollway and the Collin County Outer Loop. Tollway Celina 45 Partners sold the land. A purchase price was not disclosed.

Matthew Kiran of Frisco-based REX Real Estate represented the seller. Brent Wicker and Randy Church with Wicker & Associates along with Gifford Touchstone & Company Realtors represented Texas Health Resources. The deal closed Oct. 23, according to Collin County deed records.

REX Real Estate said the site will become a hospital or health campus. However, representatives for Texas Health Resources said plans for the land have not been solidified yet.

This could mark the fourth hospital site in Celina purchased by North Texas health care providers.

“We routinely purchase land as a normal course of doing business in the North Texas area,” said spokesperson Kimberly Walton. “Communities north of the Metroplex continue to see strong population growth, and as a health care market leader in the region, Texas Health’s goal is to grow with our community.”

Between July 2022 and July 2023, Celina was America’s fast-growing city among cities and towns with a population of at least 20,000, according to U.S. Census Bureau estimates. Celina’s population increased by 26.6% during those 12 months, more than 53 times the national growth rate of 0.5%.

Texas Health Resources is a faith-based, nonprofit healthcare system that covers 16 counties and more than 7 million people in North Texas. It’s the nonprofit’s latest project in Dallas-Fort Worth. In August, the company announced it was building a 60-bed hospital in Forney.

Source: The Dallas Morning News