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Texas' medical construction pipeline nation's second-largestTexas' medical construction pipeline nation's second-largesthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=160672017-03-10T06:00:00Z2017-03-10T16:00:00Z

​​DALLAS – At $15.8 billion, the Lone Star State has the second-largest pipeline for medical real estate in the nation, according to medical real estate data firm Revista in its annual healthcare construction analysis evaluating projects underway in 2017.

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

The new data from Revista focus on approved and funded projects that exceed $5 ​million in value. Analysts identified a total of 114 hospitals and medical office buildings under construction in Texas that met the criteria. 

In North Texas alone there were 26 projects underway. They totaled nearly $8 billion. There were 31 projects totaling $3.8 billion in the Houston area, nine projects totaling $402 million in San Antonio, and eight valued at ​$503 million in or around Austin.​

Dallas Morning News
Texas
Medical
http://www.dallasnews.com/business/health-care/2017/03/07/texas-16-billion-medical-construction-pipeline-boom-revistaRead more at {Source}

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