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He also has extensive reporting experience in the food manufacturing industry for national trade publications.","imageLarge":"http://images.globest.com/contrib/content/uploads/sites/313/2016/01/David-Phillips_avatar_1454093129-136x136.jpg","webUrl":"/author/profile/-/"}],"publication":"Globe Street","kicker":"","kickerNode":[],"prettyDate":"February 15, 2013","pubDate":"2013-02-15 09:43:00:000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"FORT WORTH, TX—Forest Park Medical Center has a new 8-acre site along the Trinity River, plus $30M in private equity.","categories":[{"name":"Dallas/Fort Worth","uri":"/markets/dallas-fort-worth/","channelName":"GlobeSt Market"},{"name":"","uri":"","channelName":"GlobeSt Market"},{"name":"","uri":"","channelName":"Globest Sectors"},{"name":"Healthcare Real Estate","uri":"/sectors/healthcare-real-estate/","channelName":"Globest Sectors"},{"name":"","uri":"/markets//","channelName":"GlobeSt Market"}],"bodyArray":["<p>FORT WORTH, TX—A fourth Dallas-area physician-owned hospital operated by Forest Park Medical Center is being planned for an 8-acre site along the Trinity River in the Edwards Ranch development.</p>","<p>The $140 million, 150,000-square-foot facility is expected to open in mid-2014, according to a report in the <em>Fort Worth Star-Telegram</em>.</p>","<p>The Dallas-based company began building surgical hospitals in 2009. It has locations in Dallas and Frisco and will open one in June in Southlake.</p>","<div class=\"paywall-content\"><p>Dr. J. Robert Wyatt, an ear, nose and throat surgeon, and one of four founders of Forest Park Medical Center, said its developer, Neal Richards Group, looked at a number of Fort Worth locations before selecting this site.</p>","<p>\"It's a great location with great access,\" said Wyatt, managing director of operations for Forest Park. \"We didn't see anything else that we were as excited about.\"</p>","<p>The project is being financed with $30 million in private equity, with the remainder from a consortium of banks led by Texas Capital Bank, Wyatt said.</p>","<p>Forest Park Medical Center will open a hospital in San Antonio about the same time it opens its Fort Worth location.</p>","<p>Click <a href=\"http://www.star-telegram.com/2013/02/14/4623166/doctor-owned-hospital-going-up.html\" target=\"_blank\"><em>Star-Telegram</em></a> to read the full 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