EL PASO-A local medical foundation has partnered with a healthcare real estate developer, a technology venture development firm and an architecture firm specializing in healthcare design to create a bio-medical campus here.
The Medical Center of the Americas Foundation, which brings together entities in El Paso dedicated to health research, service delivery and education in the Paso del Norte region and the Americas, recently selected Hammes Company, E-Cubed Ventures LLC and Perkins+Will Inc. to help design a plan for 10 acres within the 140-acre master planned development that includes the Paul L. Foster School of Medicine - Texas Tech University Health Sciences Center El Paso and the University Medical Center of El Paso.
MCA’s initial request for proposals called for strategic and business planning services for only the first of three planned 80,000-square-foot buildings. Plans for Building I included offices, laboratories, support space, meeting/conference/auditorium facilities, technology incubator/accelerator space, medical office suites for clinical trials and flex space that can be built out for specific tenants’ needs.
The City of El Paso owns the land parcel upon which the research park will be built, according to Emma Schwartz, president of the MCA. The team recently began an eight-month process to outline the business plan for the research park.
Schwartz tells GlobeSt.com that the first step is to plan the anchor building for the bio-medical research park. The team is working on specifics such as the size of the property and the financing structure.
Although no leases have been signed for the anchor property, Schwartz says the team is working with a variety of potential tenants including the City of El Paso, which could occupy one floor of the property for its public health lab. Additionally, the team is in discussions with Texas Tech and University of Texas at El Paso about creating a joint research center.
“Between those two tenants, we would have pretty strong anchors for moving forward,” Schwartz says, adding that the research park will help serve the needs of the Hispanic, bi-national and military population of the Paso del Norte region, which includes El Paso, far West Texas, southern New Mexico and El Paso’s sister city of Ciudad Ju
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