Healthcare

NORTH ROCKWALL — KDC has commenced construction of the 16,600-square-foot Texas Health Presbyterian Hospital Rockwall, a medical facility located in North Rockwall. The facility will house two multi-physician offices, an emergency room, laboratory and diagnostic resources. Construction is slated for a late 2012 completion, and the emergency room is scheduled to be operational in early 2013. Corgan Architects designed the property and MAPP Construction is the general contractor.

FORT WORTH — Velocis and its investors have purchased the 89,727-square-foot Magnolia Medical Tower, a medical office building located in Fort Worth's Medical District. The property, formerly known as the Medical Arts Building, was built in 1985 and is currently 67 percent leased to private doctors and medical service firms. Velocis plans to invest $1.5 million to upgrade the elevators, improve entries and exits, modernize the lobbies, refurbish the parking garage and upgrade the corridors and bathrooms. Will Northern of Northern Realty Group, along with Velocis Fund Advisory Board member Webber Beall III, represented the buyer in the transaction. Lincoln Harris, CSG will manage and lease the property.

EL PASO — The 225,000-square-foot El Paso Children's Hospital, located at 4845 Alameda Ave. in El Paso, has opened. The hospital is the first and only independent, 501(c)(3) not-for-profit children's hospital in the El Paso area. The hospital features 122 private pediatric rooms, an “enchanted forest” play area, a 22-bed intensive care unit, a 50-bed neonatal intensive care unit, four operating rooms, a pediatric critical care transport team and an emergency department. KMD Architects designed the hospital along with El Paso-based MNK Architects. Birmingham, Ala.-based Robins & Morton was the general contractor for the project and Jones Lang LaSalle's Houston office provided project management services.