Next month, the Dallas-based firm will break ground on the 23,000-sf first phase to Spring Creek Surgery Center, a 40,000-sf surgery center and medical office building planned for a five-acre tract near the intersection of Texas 249 and Northpoint Boulevard, says Jason Signor, development manager for Cirrus Group. The firm acquired the parcel, listed at $1 million, from Williamsville, NY-based Eastbourne Investments Ltd.

The first phase will cost about $5.3 million, Signor tells GlobeSt.com. A group of 20 surgeons signed 10-year leases for a 13,000-sf surgery center and a 5,000-sf imaging facility. The first phase, penciled for a November delivery, also could include a pharmacy, physical therapy clinic and dentists. The 17,000-sf second phase, all earmarked as office space, most likely will break ground this year as well.

"Northwest Houston and the Tomball corridor are a growth area," Signor says, adding the project site is situated between two large regional hospitals to create a lot of demand for medical-related space. The surgery space is being marketed at $38 per sf and medical office space, $16.50 per sf. Both quotes are triple net rates. Dallas-based GSR Andrade designed the center, but the general contractor has yet to be named.