News
New Medical Tower Breaks Ground
April 6, 2016
McNair campus
CHI St. Luke’s broke ground Tuesday on a new hospital tower for its McNair Campus, off Old Spanish Trail. By 2019, all clinical services will move to the new medical campus, completing a gradual exit from the historic 1954 building in the heart of the Texas Medical Center. The $1.1B facility will house two other affiliated health brands—the Texas Heart Institute and Baylor College of Medicine, reports Houston Public Media.
Healthcare real estate has been a bright spot in Houston’s sluggish market. With four consecutive years of positive absorption, 2016 is off to another fast-paced start. Join us at Bisnow’s 6th Annual Healthcare Real Estate event to learn why Houston’s healthcare prognosis is positive. [HPM]
