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New medical office building rising near TMC as part of larger campus expansion

https://www.bizjournals.com/houston/news/2020/06/22/womens-hospital-of-texas-medical-office-building.html

 

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A new medical office building will rise on the Woman's Hospital of Texas campus.

 

California-based Healthpeak Properties Inc. (NYSE: PEAK) is developing the five-story, 116,500-square-foot medical office building at 7500 Fannin St. Construction began in late May, according to a June 22 news release from Houston-based Transwestern, which is providing leasing services for the building. Transwestern also handles leasing for the building next door, 7400 Fannin, which is currently 94% occupied.

 

The future medical office building is 36% preleased, with Houston Women's Care Associates representing the largest commitment to date. The development, which is being constructed alongside a new parking garage, is expected to deliver in December 2021.

 

It will be the first new medical office on the Woman's Hospital of Texas campus in 17 years, the release states.

 

The new building at 7500 Fannin is part of a larger master-planned expansion that includes a redesigned hospital entrance with access points from Fannin and Old Spanish Trail.

 

The Woman's Hospital of Texas campus is located near the corner of Fannin and Old Spanish Trail, about a mile south of the Texas Medical Center.

 

 

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As I rode by I could hear a diesel motor running, turns out it was to pump the water out of a deep hole on the site by the orange fencing. Nothing else going on yet.

DxnJxyY.jpg

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