Major Assignment Comes Full Circle
Houston Methodist opened its new 187 bed hospital campus in The Woodlands on July 1st concluding a three year construction schedule. The project for me personally began over 5 years ago when our long-time client Houston Methodist Hospital sent me to the Woodlands to begin a preliminary site search for a new hospital campus. In addition to the 59 acre primary parcel acquisition, the assignment also included the acquisition of the 41,000 square foot adjacent shopping center and several contiguous smaller parcels.
The hospital campus located at the intersection of Highway 242 and Interstate 45 totals 470,000 square feet and includes a 135,000 square foot medical office building which is already 100% leased. Construction of a second 160,000 square foot medical office building is currently underway on the campus and both medical office buildings will be connected to the hospital via a third level bridge and skywalk system, as will the parking garage, which will be located between the two MOBs.
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