Driving down South Austin Avenue I was struck by how fast the construction on the new Austn Avenue Professional Plazais proceeding. Groundbreaking was only several months ago and already they have the site prep work complete and the walls are up. This facility is planned to be over 90,000 SF for phase one and some of the tenants include a Pathology lab, radiology, pharmacy and various medical specialties. According to the time line on their web site, phase one will be ready for occupancy in the winter of 09 or spring of 2010.
This new medical facility is located smack in the middle of the fast growing medical triangle area which consists of existing or new medical or medical support related facilities including The Fountains at Georgetown South,a extremely nice professional office park and one of my favorite properties.
Other medical facilities within the medical triangle include the new A&M medical school, Texas State Nursing School, Scott and White, Seton, St. Davids Hospital, Tamiro Plaza and others. This area will look a lot different a few years from now.