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Seton Options Land for 451,000-SF Hospital

AUSTIN-Until now, the interest at Interstate 35-Parmer Lane has been lobbed by the likes of Wal-Mart, Lowe's and H-E-B. Seton Healthcare Network, drawn by the same criteria as the retailers, puts 28 acres under contract for a 164-bed children's hospital.

By Tim Green | Updated on November 03, 2002

AUSTIN-Seton Healthcare Network has a selected the site for a new children’s hospital to serve the Austin area. The medical care and services provider plans to build the hospital at the northeast corner of Interstate 35 and Parmer Lane, which is surrounded by burgeoning retail developments.

Seton has the parcel, which measures just less than 28 acres, under contract, a hospital contact says. Barshop & Oles, the retail developer with operations in San Antonio and Austin, owns the property. An associated 100,000-sf office building is expected to be developed by another company, which was not identified.

Seton cites the same criteria that is drawing retailers like Wal-Mart, Lowe’s and H-E-B to the intersection. Access to the site is convenient, it’s on public transportation routes and it’s within the City of Austin. It also is large enough to accommodate expansion.

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