Texas Health Campus, Frisco, TX

March 15, 2017 Comments (0) Views: 190 Texas News, Top Texas Stories

Texas Ranks Second in Medical Construction

Connect is coming to Austin! Learn more here.

Texas has the second-largest pipeline for medical real estate in the nation. Projects being built in 2017 total $15.8 billion, according to medical real estate data firm Revista, in its annual healthcare construction analysis. California took first place, with $16.4 billion in medical real estate projects for 2017.

Revista’s data is focused on approved and funded projects exceeding $5 million in value. The report identified a total of 114 hospitals and medical office buildings under construction in the state, which met the criteria.

“There is a lot of construction and demographic growth in general in Texas, and healthcare real estate goes along with that,” said Mike Hargrave, one of the authors, in the report. “It’s a vibrant economy.”

Read More at Dallas Morning News

Connect with Revista


Subscribe to Connect Daily Texas

For comments, questions or concerns, please contact Amy Sorter

Read More at

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: ,

Comments are closed.