With multiple developments scheduled for completion by 2015, Springwoods Village could have thousands of potential employees and residents in need of nearby medical services.
The newest announcement within the 1,800-acre master-planned community could fix that. CHI St. Luke's Health announced the purchase of 23 acres within Springwoods Village with plans to construct a medical center that could also be completed in late 2015.
The $110 million medical campus will house a 55,000-square-foot ambulatory medical center and a 100,000-square-foot medical office building with space for more than 30 physicians. The complex will offer emergency services, diagnostic imaging and outpatient surgery to Springwoods Village residents and the surrounding area.
"Springwoods Village exemplifies sustainable, healthy living—a goal we share—promoting work-life balance, prevention and community health," said Debra Sukin, president of CHI St. Luke's The Woodlands Hospital and Lakeside Hospital. "We are excited to continue our strong legacy within the region by expanding our clinical programs, new models of care and cost-effective treatment options."
In addition to the $110 million initial investment, CHI St. Luke's will invest as much as $70 million during the next five years for future developments, such as a master plan for future hospital and campus expansions to accommodate future growth within Springwoods Village.
The campus could accommodate an estimated 300,000 individuals moving to the area, according to CHI St. Luke's.
"Integrating health care facilities into Springwoods Village is an important part of creating a complete community," said Keith Simon, the executive vice president for Coventry Development Corp. "Springwoods Village will be home to 50,000 employees and residents, so it's important they have access to excellent health care delivered right in the community."
ExxonMobil is not the only oil and gas company constructing within Springwoods Village. Southwestern Energy is building a 580,000-square-foot campus within Springwoods Village that could house as many as 1,550 employees when Phase I is completed in December.
Southwestern Communications Director Susan Richardson said amenities like the proposed medical complex provide added value to the campus.
"We're excited as that community continues to build out as more tenants continue to be announced," Richardson said. "That's one of the reasons we chose Springwoods Village is because of the amenities they'll be able to provide."