5 Medical Developments Under Construction In Frisco, Texas

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1. Heritage Business Park

The medical and professional office condos are expected for delivery by December. The outdoor space offers a large green area, water features and benches. The location is in close proximity to Baylor Medical Center, Methodist McKinney Hospital and Baylor Scott & White Medical Center.
Space: 1,300-9,054 square feet
Timeline: delivery fourth quarter of 2019
Address: 11655 Independence Parkway, Frisco

 

2. Baylor Scott & White Institute for Rehabilitation

The Institute is adding an extension to its existing building. It will include a new outpatient/day neuro-therapy gym, a driving simulator room, a neuropsychology and counseling area with an adjacent tranquility room, an enclosed courtyard and neuro-optometry. “This expansion enables the patients and communities we serve to have access to cutting-edge programs, resources and technology,” Baylor Scott & White Institute for Rehabilitation–Frisco CEO Ryan Seymour said in a statement. “The outcome and goal is to get patients, families and friends back to work and actively living normal daily life after injury or illness.”
Space: 12,000-square-foot extension
Timeline: broke ground May 16, expected to be complete first quarter of 2020
Address: 2990 Legacy Drive, Frisco

 

3. Building 2 of Waterstone Office Park

The building is under construction for Class A medical and professional office condos and is set to have seven suites.
Space: 2,178 to 15,740 square feet
Timeline: end of June
Address: 255 W. Lebanon Road, Frisco

 

4. Mateo Office Park

The office park has 14 professional office and medical spaces with its last building set to finish this fall. The development will provide suites from 1,500 square feet as well as a clock tower landmark with a roundabout.
Space: 2,000-10,000 square feet
Timeline: completion scheduled for this fall
Address: 8501 Wade Blvd., Frisco

 

5. Prestonbrook Circle Office Park

The development is set to complete 14 professional and medical office spaces in 2020 and is joined with upscale retail and restaurants for lease and sale.
Space: 1,250-5,790 square feet
Timeline: broke ground in May, completion in first quarter of 2020
Address: 6900 Preston Road, Frisco

 

Source: Community Impact Newspaper

Orlando Health To Rezone Downtown Campus For Potential Expansion

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Orlando Health wants to change the use of a swath of land on its downtown campus to help it expand.

The 5.26-acre area Orlando Health wants to rezone on its downtown campus includes office buildings, parking lots and vacant land.(CREDIT: GAI CONSULTANTS

The $3.4 billion nonprofit health care provider filed plans with the city of Orlando to change the zoning of about 5.26 acres spread over 13 parcels of land south of Lake Beauty from medical office and mixed-use to urban activity, which would match the zoning of the three hospitals already on the campus. Currently, the land up for rezoning features five office buildings which total 68,842 square feet, as well as parking lots and vacant land.

“The requests call for a change in land use to accommodate new patient care facilities and campus enhancements and to expand a specially designated transit area to create more flexibility to support important growth,” Orlando Health spokeswoman Kena Lewis said in an emailed response to Orlando Business Journal. “Both requests address properties generally located on the south side of the campus.”

Orlando Health’s proposed rezoning of 5.26 acres south of Lake Beauty would match the land’s zoning for existing hospitals on the campus. (CREDIT: GAI CONSULTANTS)

Orlando Health did not reveal any timetable on any action related to future development of a potential expansion/redevelopment of the land. The zoning change is currently on the municipal planning board agenda for July 16 at 8:30 a.m.

The health care provider previously announced plans for a new one-story, 6,800-square-foot Orlando Health Imaging Center at 1800 S. Orange Ave. as well as a nine-level, 895-space parking garage for staff and patients, which could be as large as 161,000 square feet with an attached five-level, 42,000-square-foot medical office building. Construction of the imaging center is expected to be completed by fall 2019, while the parking garage/medical office is set to open in 2020.

 

Orlando Health also added to its downtown campus with a couple of land purchases in the past several months:

— On Nov. 19, it paid $1.64 million for a roughly 1-acre parcel with an existing 18,000-square-foot office building at 1300 S. Division Ave., north of Kaley Avenue near its Orlando Regional Medical Center.

— On Sept. 28, it bought a 1.5-acre parcel with a 30,000-square-foot warehouse at 1402 Sligh Blvd. for $2.03 million in downtown Orlando, which it previously leased from the seller, rail company CSX Corp. (Nasdaq: CSX).

— On June 18, it bought a vacant half-acre lot at 121 W. Copeland Drive in downtown Orlando for $833,500.

Orlando Health‘s eight Central Florida hospitals have a total of 3,300-plus beds. It has the area’s only Level One Trauma Centers for adults and children, and is a teaching hospital system. Its hospitals are: Orlando Regional Medical Center, Dr. P. Phillips Hospital, South Seminole Hospital, Health Central Hospital, the Arnold Palmer Hospital for Children, Winnie Palmer Hospital for Women & Babies, South Lake Hospital and St. Cloud Regional Medical Center. It also owns 11 urgent care centers in the region, as well as several cancer centers, freestanding ERs and more. It is one of the region’s largest employers, with 23,000 workers.

 

Source: Orlando Business Journal

What Is Fort Worth’s Medical Innovation District?

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A medical innovation district is planned for 1,200 acres south of downtown Fort Worth, with the hope of attracting healthcare business and serving as an innovation partner with the soon to open TCU and UNTHSC Medical School, Dallas Innovates reports.

(PHOTO CREDIT: Fort Worth Economic Development Department)

The area, called Near Southside, is already home to housing and restaurants as well as Cook Children’s Healthcare System, Texas Heath Harris Methodist, Baylor Scott & White, and Medical City Fort Worth.

The hope is for innovative healthcare businesses to collaborate with more established entities, which already employ 30,000 people in the healthcare industry in the area.

Modeled after similar districts in Oklahoma City and St. Louis, construction should be complete by this summer, and the city should officially designate the area in the fall, Dallas Innovates reports.

Learn more about Fort Worth’s medical innovation district here.

 

Source: D-CEO Healthcare