October 27, 2017 Comments Off on Wexford Selected for Med Center Redevelopment Views: 586 Austin, Texas News

Wexford Selected for Med Center Redevelopment

The Central Health Board of Managers selected Wexford Science & Technology LLC as master developer for the redevelopment of its University Medical Center Brackenridge in downtown Austin. The UMCB closed on the 14.3-acre site in May 2017.

The taxpayer-funded UMCB, which provides health care to Travis County residents who lack health insurance, will spend the next 15-25 years developing the land as a mixed-use project, with a medical research and service focus.

Though approval of a master developer means the project is moving forward, Central Health Board Member Clark Hiedrick said an approved plan for the redevelopment of the now-vacant Brackenridge Hospital at 601 E. 15th St. is still far off. Demolition of the current building on the site won’t begin for another six months to a year, with new construction scheduled to start approximately two to three years out.

Read More at Community Impact


Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter

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

Tags: ,

Comments are closed.