Houston, we do not have a problem
To further healthcare innovation in Texas, the Texas Medical Center announced the launch of its 37-acre life science campus on August 31, 2021.
The building is a result of strategic collaboration between the best minds in medicine and commercialization. Operations are currently in Phase One, which has a total amount of funding of $1.8 billion and is backed by the leading life science investment and property development teams, as reported by Texas Medical Center.
Once fully built, the building will encompass six million square feet and aims to support not only the healthcare industry but also life science and business users. Elkus Manfredi Architects is taking the lead on this project and is a company with a reputable track history of implementing leading life science clusters in Massachusetts.
To make this project a success, an extensive amount of funding is needed from various capital investors. Those investors will not only have a hand in making sure the building is manufactured correctly, but it will also give them a widespread pool of business partners including entrepreneurial ventures and Fortune 100 companies.
“Houston is already fortunate to have such a strong healthcare and higher education ecosystem. The TMC3 project stands to be the cornerstone of our regional life sciences strategy. It will create new jobs, advance innovative medical technologies and healthcare solutions,” Mayor Sylvester Turner said. “In addition, the TMC3 helix parks will create a place for the community to gather and continues to expand our amazing park system. Houston will be among the most competitive cities in the country for life sciences businesses.”
As the COVID-19 pandemic continues, more healthcare workers are needed now than ever before. This latest innovation from the Texas Medical Center comes at an ideal time for all Texans. It will not only give Houston residents more job opportunities but will ensure state-of-the-art care is given to patients across the world.
“Every aspect of TMC3 is designed to attract talented people, innovative companies, entrepreneurial ventures, industry partners, and, ultimately, additional investment,” McKeon said. “From modern, exciting workspaces to research that saves lives to a commitment to improve the health of the planet, TMC3 is helping define the future of science. We have the potential to make a global difference while transforming our community and catapulting Houston into the top tier of the world’s leading life science clusters.”
To find more information about the Texas Medical Center’s operations, click here.