Healthcare

HOUSTON — Medistar has retained Moody Rambin as the exclusive property management and leasing agent for the 17-story River Oaks Medical Tower, a 139,827-square-foot medical office tower located in Houston. The property is located at 4126 S.W. Freeway in Houston's Greenway Plaza submarket. The property offers medical suites ranging from 1,500 to 8,000 square feet, with approximately 70,799 square feet available for lease. The property recently underwent a multi-million dollar exterior and interior renovation. Walter Cameron of Moody Rambin will oversee property management, and Kurt Kistler and Bob Cromwell of Moody Rambin will handle the leasing assignment.

FORT HOOD, TEXAS — The Balfour Beatty | McCarthy team has topped off its design-build services for the Carl R. Darnall Army Medical Center Replacement at Fort Hood. The $536 million medical center replacement is the largest project to date funded by the American Recovery and Reinvestment Act of 2009. The 947,000-square-foot project is also the largest design-build project in the Department of Defense's medical construction. The new hospital will replace the existing Carl R. Darnall Army Medical Center and will provide healthcare services for service members and their families. The project sits on a 72-acre site and will include a six-story hospital tower, two two-story outpatient clinics, a three-story outpatient clinic, ambulance garage, logistics building, central utility plant and three parking structures. The Balfour Beatty | McCarthy team held a topping off ceremony with members of the U.S. Army Corps of Engineers, Health Facilities Planning Agency and Medical Command. Construction is scheduled for completion in July 2014, with operations to start in summer 2015.

KYLE, TEXAS — A joint venture between MedProperties Holdings LLC, Avail Healthcare Ventures and Trivant Healthcare is investing in the development of a new 40-bed freestanding rehabilitation hospital in Kyle. The hospital will be known as the Warm Springs Rehabilitation Hospital of Kyle. Avail and Trivant will jointly serve as the developer of the 54,400-square-foot hospital, which will located on a three-acre site at the intersection of Kyle and Seton parkways. The hospital will be fully leased by a joint venture partnership between Post Acute Medical LLC and Seton Healthcare. American National Bank of Texas is providing construction financing. The hospital will begin construction within 60 days and the construction period will last approximately one year.