LAS COLINAS, TX—A 155,000-square-foot class-A medical office development at Gateway and State Highway 161 is being characterized as one of a kind in the market. Construction is underway for the project, consisting of two phases. J. Mark Anderson , a physician with Healthcare Associates says, “There is nothing existing in the market to the caliber of this state-of-the-art facility, which is what Healthcare Associates wanted in a new office. We want to provide a unique care environment that hasn't been done before: a one-stop shop for imaging, pharmacy, dental, vision and sleep therapy.” The first phase will break ground this fall. It will include 95,000 square feet and will be anchored by one of the most prolific primary care groups in North Texas, Healthcare Associates. Phase I is owned by MB and KDC is the developer. Phase II will break ground shortly thereafter and will include 60,000 square feet. This phase will house an ambulatory surgery center and medical office. The anchor tenant space is currently available. Phase II is owned by the physicians invested in the project. “There has not been a medical office project of this scale built in Las Colinas in more than 10 years and KDC is very excited to be involved,” said Bill Guthrey , senior vice president-partner, KDC. “In such a convenient and high-profile location, we expect these offices to be highly sought after by medical professionals in the DFW area.” The development is only minutes away from DFW International Airport and walking distance to the DART Beltline station, which offers easy transportation to downtown Dallas. Kyle Jacobs , managing partner with Rubicon Representation , assembled the real estate transaction. Jacobs tells GlobeSt.com: “20 years ago Healthcare Associates saw Las Colinas as a strategic hub to grow their primary care practice and have quintupled in size over the past 10 years. Their model works and it will continue to proliferate throughout the Dallas Fort Worth Metroplex.” LAS COLINAS, TX—A 155,000-square-foot class-A medical office development at Gateway and State Highway 161 is being characterized as one of a kind in the market. Construction is underway for the project, consisting of two phases. J. Mark Anderson , a physician with Healthcare Associates says, “There is nothing existing in the market to the caliber of this state-of-the-art facility, which is what Healthcare Associates wanted in a new office. We want to provide a unique care environment that hasn't been done before: a one-stop shop for imaging, pharmacy, dental, vision and sleep therapy.” The first phase will break ground this fall. It will include 95,000 square feet and will be anchored by one of the most prolific primary care groups in North Texas, Healthcare Associates. Phase I is owned by MB and KDC is the developer. Phase II will break ground shortly thereafter and will include 60,000 square feet. This phase will house an ambulatory surgery center and medical office. The anchor tenant space is currently available. Phase II is owned by the physicians invested in the project. “There has not been a medical office project of this scale built in Las Colinas in more than 10 years and KDC is very excited to be involved,” said Bill Guthrey , senior vice president-partner, KDC. “In such a convenient and high-profile location, we expect these offices to be highly sought after by medical professionals in the DFW area.” The development is only minutes away from DFW International Airport and walking distance to the DART Beltline station, which offers easy transportation to downtown Dallas. Kyle Jacobs , managing partner with Rubicon Representation , assembled the real estate transaction. Jacobs tells GlobeSt.com: “20 years ago Healthcare Associates saw Las Colinas as a strategic hub to grow their primary care practice and have quintupled in size over the past 10 years. Their model works and it will continue to proliferate throughout the Dallas Fort Worth Metroplex.”
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