Although KBR’s Katy campus has been indefinitly postponed, Katy leaders look to three new Medical Center hospitals as major vehicles to bring new jobs to the Katy area. Katy should see economic growth and Katy property values should see recovery. Thank goodness, it’s all happy news concerning the construction of Katy’s Texas Children’s Hospital, Methodist Hospital and St. Luke’s Hospital!
Despite the economic downturn, all three major Houston hospitals are committed to their ongoing construction. Texas Children’s and Methodist are already under construction and St. Luke’s is in the final phase of architectural planning. According to The Houston Chronicle, “Officials at these hospitals say a shaky economy hasn’t halted plans to proceed with the facilities, which all will serve a rapidly expanding population and community.”
Located at the northwest corner of Barker Cypress and I-10, Texas Children’s Hospital is building a $220-million medical facility on 55 acres. It will include a 220,000-square-foot outpatient care center and 295,000-square-foot inpatient hospital. It is scheduled to open in the winter of 2010.
Per The Houston Chronicle, “The Katy-area is expected to grow by 50,000 people in the next five years, according to Katy-area economic development studies, and a large percentage of those residents will be children. No pediatric hospital exists in the area.“
Methodist Hospital is being built adjacent to Texas Children’s Hospital on a 70 acres. The 192-bed hospital will include an imaging center, labor and delivery facilities and 14 operating rooms. The hospital will have open-heart capability and an emergency room. The hospital can treat 30,000 patients annually. It has a budget of $300 million. Also being constructed is a medical office building that includes cancer radiation therapy. Methodist is slated to open fall 2010.
On 28 acres at the intersection of Grand Parkway and Kingsland, the new St. Luke’s Episcopal Hospital will be built. The planned facility will be a 90-bed, four-story hospital. “The hospital will include room for expansion and growth to meet the community’s needs”, said David Koontz, senior vice president of St. Luke’s Episcopal Health Systems. Plans are being made for a spring 2011 opening.
According to The Houston Chronicle, “Over the past year, crews have laid the infrastructure and utilities, developed the roadways and prepared the land for construction, Koontz said. A general contractor will be chosen sometime in January.
“The site is ready to build and we’re looking forward to some of the landscape architecture going in in the next couple of months,” Kootz said, adding that the entire facility will cost more than $100 million to build.
The new hospitals join Memorial Hermann Katy, the first Medical Center facility to make a committment to Katy and Katy residents. Memorial Hermann Katy, which has been fully operative for quite some time, is located just northwest of The Grand Parkway and I-10.
For more information about Katy area homes, you can search the entire Houston MLS at FuellingKaty.com. For questions or to tour any area homes, just contact me directly at 713-818-2404. I have specialized in Katy real estate for over 19 years. Experience does count!
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