{"id":1004687628,"date":"2023-10-27T05:51:29","date_gmt":"2023-10-27T13:51:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004687628"},"modified":"2023-10-31T03:26:37","modified_gmt":"2023-10-31T11:26:37","slug":"texas-medical-center-opens-1st-facility-in-houston-life-science-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/","title":{"rendered":"Texas Medical Center Opens 1st Facility in Houston Life Science Campus"},"content":{"rendered":"<div id=\"attachment_1004688132\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004688132\" data-attachment-id=\"1004688132\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/tmc3-collaborative-building_lecture-hall\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg\" data-orig-size=\"944,708\" data-comments-opened=\"0\" 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;1&quot;}\" data-image-title=\"TMC3 Collaborative Building_Lecture Hall\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The TMC3 Collaborative Building encompasses 250,000 square feet. Image courtesy of Texas Medical Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg?w=944\" class=\"wp-image-1004688132 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg?w=300\" alt=\"The TMC3 Collaborative Building encompasses 250,000 square feet. Image courtesy of Texas Medical Center\" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-1004688132\" class=\"wp-caption-text\">The TMC3 Collaborative Building encompasses 250,000 square feet. <em>Image courtesy of Texas Medical Center<\/em><\/p><\/div>\n<p><strong>Texas Medical Center<\/strong> has opened TMC3 Collaborative Building, a 250,000-square-foot life sciences and research facility in the heart of the Helix Park megaproject in Houston. The project has come to life in partnership with <strong>The University of Texas MD Anderson Cancer Center<\/strong>, <strong>Texas A&amp;M University Health Science Center<\/strong> and <strong>The University of Texas Health Science Center at Houston.<\/strong><\/p>\n<p>Boston-based <strong>Elkus Manfredi Architects<\/strong> designed the four-story, TMC3 Collaborative Building, which will be dedicated to research initiatives for the four founding institutions. The building includes a 43,000-square-foot joint research lab, office and coworking space, as well as shared IT infrastructure. The hub also features a 14,000-square-foot MD Anderson lab and a 7,000-square-foot atrium. Portal Innovations and TMC Venture Fund will be among the first life sciences tenants of the facility.<\/p>\n<h2>More to follow<\/h2>\n<p>The TMC3 Collaborative Building is part of the <a href=\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-launches-1-8b-initial-phase-of-life-science-hub\/\">first phase at Helix Park campus<\/a>, which will also include a 700,000-square-foot research facility dubbed Dynamic One. Back in September 2021, when construction began, the first phase was valued at $1.8 billion, with financing coming from leading life science investment and property development teams. The two-tower Dynamic One project is set for completion this year, as well. In early 2023, Baylor College of Medicine signed as an anchor tenant in a 114,000-square-foot deal.<\/p>\n<hr \/>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/life-science-market-to-bounce-back-jll\/\">Life Science Market to Bounce Back: JLL<\/a><\/p>\n<hr \/>\n<p><strong>Beacon Capital Partners<\/strong> and <strong>Braidwell <\/strong>developed the TMC3 research facility, with other parties involved in the project including <strong>Majestic Realty<\/strong> and <strong>Transwestern Development<\/strong>.<\/p>\n<p>At full build-out, the 37-acre life science campus will encompass a total of 6 million square feet, and will include an additional six industry and institutional research buildings, a residential tower, a hotel, a mixed-use building with a retail component and an 18.7-acre green space made of six interconnected parks that are already open to the public. The Helix Park green space was designed by landscape architect <strong>Mikyoung Kim<\/strong> and it encompasses a total of 300,000 square feet of public areas, retail options, cafes and spaces for events.<\/p>\n<h2>Houston, a major life science hub in the making<\/h2>\n<p>Earlier this year, The Howard Hughes Corp., in partnership with Vitrian, announced plans to develop <a href=\"https:\/\/www.commercialsearch.com\/news\/howard-hughes-to-add-life-science-space-to-houston-master-plan-project\/\">cGMP\/biomanufacturing facility<\/a>\u00a0within The Woodlands, a master-planned community in the Greater Houston area. McCord Development also unveiled plans for a major project. <a href=\"https:\/\/www.commercialsearch.com\/news\/mccord-development-to-build-houston-biomanufacturing-campus\/\">BioHub Two<\/a> is a speculative 45-acre, 500,000-square-foot biomanufacturing campus that is set to be part of the 4,300-acre mixed-use Generation Park.<\/p>\n<p>This month, Alexandria Real Estate Equities announced the launch of a 325,000-square-foot development, its first in the Houston market. The campus is set to include a <a href=\"https:\/\/www.commercialsearch.com\/news\/alexandria-launches-202m-life-science-campus\/\">purpose-built laboratory structure<\/a> in The Woodlands and is valued at $201.5 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 250,000-square-foot building is part of the 37-acre Helix Park project.<\/p>\n","protected":false},"author":2829,"featured_media":1004688132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1589,21742,21747,51973],"tags":[34128,38482,37455,38169],"class_list":["post-1004687628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-houston","category-latest","category-office","category-southwest","tag-beacon-capital-partners","tag-elkus-manfredi-architects","tag-texas-am-university","tag-texas-medical-center"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Texas Medical Center Opens 1st Facility in Houston Life Science Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"TMC3 Collaborative Building has opened. The 250,000-square-foot facility is part of the 37-acre life science Helix Park campus in Houston.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Medical Center Opens 1st Facility in Houston Life Science Campus\" \/>\n<meta property=\"og:description\" content=\"TMC3 Collaborative Building has opened. The 250,000-square-foot facility is part of the 37-acre life science Helix Park campus in Houston.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-27T13:51:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-31T11:26:37+00:00\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/\",\"name\":\"Texas Medical Center Opens 1st Facility in Houston Life Science Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/texas-medical-center-opens-1st-facility-in-houston-life-science-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/10\/TMC3-Collaborative-Building_Lecture-Hall-e1698751456734.jpg\",\"datePublished\":\"2023-10-27T13:51:29+00:00\",\"dateModified\":\"2023-10-31T11:26:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\"},\"description\":\"TMC3 Collaborative Building has opened. 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