REOC San Antonio
Commercial Real Estate Since 1974   
Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

Got a Commercial Real Estate Need or Question?

Ask One of Our Trusted Advisors

Methodist Expected to Break Ground on $150M West Side Hospital

Nearly two years after initial plans were announced that Methodist Healthcare would build a new hospital campus in the fast-growing Westover Hills area, it is anticipated that Methodist is preparing to begin construction on the 74-acre site along Highway 151.

Plans call for a four-story, acute-care hospital spanning 180,000 square feet and a four-story medical office building encompassing roughly 125,000 square feet. Both structures are expected to be completed by 2023.

The 54-bed hospital will cost about $150 million to develop and will house a wide range of services including general surgery and neonatal intensive care, as well as emergency, maternity, cardiology and gastroenterology care. The hospital will be constructed so that it can be expanded to six floors. It will contain 50,000 square feet of shelled space to accommodate more immediate growth.

This will be the health system’s first new hospital since it opened one in Stone Oak in 2008.

The medical office building will be owned by physicians and other investors and is already about 85% pre-leased, according to Methodist officials. Its tenant mix will include a South Texas Radiology Imaging Center.

The project is expected to create 280 new jobs and funnel more than $24 million in payroll into the area.

Click to read full article Methodist to break ground on $150M West Side hospital (San Antonio Business Journal, 10-28-21)


Comments are closed.