Market Research Logo

UTSMC – Southwestern Medical Center Vivarium and Aging Research Facility Expansion – Texas - Project Profile

UTSMC – Southwestern Medical Center Vivarium and Aging Research Facility Expansion – Texas - Project Profile

Synopsis

"UTSMC – Southwestern Medical Center Vivarium and Aging Research Facility Expansion – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "UTSMC – Southwestern Medical Center Vivarium and Aging Research Facility Expansion – Texas - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

University of Texas Southwestern Medical Center (UTSMC) is planning to expand its facility in Dallas, Texas, the US.

The project involves the construction of additional facilities to the 52,955m2 vivarium and aging research facility.

It includes the construction of a new 140-bed hospital, research labs, medical clinic, classrooms and other related facilities, and the expansion of academic spaces, teaching facilities and biomedical laboratories.

The US$51.2 million 8,361m2 multi-speciality medical clinic will be fully owned and operated by UT Southwestern, and construction will be managed by Texas Health Resources with oversight by UT Southwestern. Construction of the medical office building will cost UT Southwestern US$25.1 million.

The US$233.8 million 80,937m2 hospital will be jointly owned and operated by UT Southwestern and Texas Health Resources. UT Southwestern will own 49% of the hospital, contributing US$114.6 million, this includes the cost of the building, a parking garage, roadways, land and equipment.

On May 30, 2015, the project received approval from the Texas Legislature.

In January 2015, UTSMC requested US$110 million worth education bonds from the Texas Legislature towards construction.

In June 2015, UTSMC received a US$80 million higher education bond from the Texas Legislature.

The Frisco Planning and Zoning Commission approved a preliminary site plan for the hospital.

In June 2017, The UT board of regents approved the partnership of UTSMC with Arlington-based Texas Health Resources for the development of the project.

Construction works are scheduled for completion in 2019.

Scope

The project involves the construction of additional facilities to the 52,955m2 vivarium and aging research facility in Dallas, Texas, the US.

The US$293 million project includes the following:

1. Construction of classrooms and research labs

2. Construction of 140-bed hospital

3. Expansion of academic spaces, teaching facilities and biomedical laboratories

4. Construction of medical clinic

5. Construction of parking and related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report