{"id":1004144070,"date":"2016-05-17T02:31:12","date_gmt":"2016-05-17T10:31:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144070"},"modified":"2020-04-13T02:49:14","modified_gmt":"2020-04-13T10:49:14","slug":"st-davids-healthcare-investing-in-central-texas-healthcare-infrastructure","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/st-davids-healthcare-investing-in-central-texas-healthcare-infrastructure\/","title":{"rendered":"St. David\u2019s HealthCare Investing in Central Texas Healthcare Infrastructure"},"content":{"rendered":"<p>By Keith Loria, Contributing Editor<\/p>\n<div id=\"attachment_1004144071\" style=\"width: 194px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144071\" data-attachment-id=\"1004144071\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/st-davids-healthcare-investing-in-central-texas-healthcare-infrastructure\/keityhsstory\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory-e1463483151811.jpg\" data-orig-size=\"184,184\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"keityhsstory\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory-e1463483151811.jpg?w=184\" class=\"wp-image-1004144071 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory-e1463483151811.jpg\" alt=\"David Huffstutler, St. David's HealthCare\" width=\"184\" height=\"184\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory-e1463483151811.jpg 184w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/keityhsstory-e1463483151811.jpg?resize=150,150 150w\" sizes=\"auto, (max-width: 184px) 100vw, 184px\" \/><\/a><p id=\"caption-attachment-1004144071\" class=\"wp-caption-text\">David Huffstutler, St. David&#8217;s HealthCare<\/p><\/div>\n<p><strong>Austin, Texas<\/strong>\u2014<a href=\"https:\/\/www.stdavids.com\/\" target=\"_blank\" rel=\"nofollow\">St. David\u2019s HealthCare<\/a> is investing more than\u00a0$275 million\u00a0in Central Texas\u2019 healthcare infrastructure over the next two years, acquiring a newly constructed hospital in\u00a0North Austin for\u00a0$115 million; developing a $20 million new hospital in Leander; and planning both a $70 million expansion at St. David\u2019s Medical Center and a $50 million expansion at its South Austin Medical Center.<\/p>\n<p>\u201cThis is really about St. David\u2019s HealthCare being able to meet the demands for growth in health care services in this community,\u201d David Huffstutler, St. David\u2019s HealthCare president &amp;\u00a0CEO,\u00a0told <a href=\"https:\/\/www.commercialsearch.com\/news\/\" target=\"_blank\">Commercial Property Executive<\/a>. \u201cThis is the fastest-growing community in the fastest-growing state in the country; 157 people a day moved here last year.\u201d<\/p>\n<p>What most people don\u2019t realize, Huffstutler noted, is that the fastest-growing segment of the population is the Medicare-aged population, which tends to utilize more health care services than other segments.<\/p>\n<p>\u201cWe\u2019re reaching or about to exceed capacity in a number of areas in the market so it made sense for us to try and develop these projects and bring them together at one time, to try and stay ahead of that growth as much as we can,\u201d Huffstutler said.<\/p>\n<p>Forest Park, the new hospital in North Austin sits on 8.5 acres and was originally designed as a specialty surgery hospital. It includes a 146,381-square-foot hospital, an adjacent 80,000-square-foot medical office building and offers a 500-space parking garage. St. David&#8217;s will spend $20 million on new technology and furnishings at the site.<\/p>\n<p>\u201cIt has never been opened or made operational and we will furnish it, equip it and hope to open it within the next 4-6 months,\u201d Huffstutler said. \u201cIt\u2019s a 40-bed facility with 10 operating rooms and six intensive care units, and we will use it primarily as a specialty surgery hospital. It is very near our North Austin Medical Center campus, that has existing capacity constraints.\u201d<\/p>\n<p>The 52 acres of land in\u00a0Leander will be used to construct a medical facility in phases, beginning with an 11,200-square-foot freestanding emergency department and including future plans for a full-service hospital. Completion is anticipated in 2017.<\/p>\n<p>The expansion at St. David\u2019s Medical Center is being made due in part to the rapid growth of the world-renowned Texas Cardiac Arrhythmia Institute, combined with the growth of the hospital\u2019s surgical services. The money will focus on the cardiac electrophysiology program, and provide two\u00a0additional operating rooms, 12 additional ICU beds and 24 additional medical\/surgical beds.<\/p>\n<p>\u201cAt our South Austin Medical Center, we have just opened a Level 2 Trauma program and it already was the busiest, highest-volume emergency services in Central Texas and as a result, we are at or near capacity in our emergency department,\u201d Huffstutler said. \u201cWe are adding 16 ER beds, expanding the support area and adding a 34-bed medical surgical patient care unit on the campus as well.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It will be a busy couple of years for the Austin-based healthcare services provider. <\/p>\n","protected":false},"author":451,"featured_media":1004507377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21808,21783,21754,21742],"tags":[],"class_list":["post-1004144070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-featured","category-investment","category-medical-office","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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