The development, which was announced April 25, will include pediatric health care services as well as corporate, hospitality and retail facilities, according to a company news release.
“Children’s Health is one of the region’s most respected and distinguished health care providers, and the town of Prosper is excited it has made a commitment to our community,” Prosper Mayor Ray Smith said in the release. “We look forward to a long-term relationship with Children’s Health. The project will offer high quality health care for our younger residents as well as the benefit of high-end commercial development at one of Prosper’s key intersections for economic growth.”
The new development comes as part of the pediatric hospital company’s growing presence in Collin County. The Children’s Health Andrews Institute for Orthopedic & Sports Medicine opened in May 2018 in Plano.
“Prosper is regionally significant and integral to the long-term strategy of Children’s Health,” said Jeremiah Radandt, executive vice president of the northern market for Children’s Health. “We have always sought after the best ways to serve and invest in the community. By building this unique medical campus, we are broadening how we bring health care to North Texans and better serving the needs of our patients for the future.”
The medical campus will be located at the intersection of US 380 and the Dallas North Tollway.
The new headquarters for the Professional Golfer’s Association of America will be located nearby on Rockhill Parkway in Frisco. That 600-acre development includes a 500-room Omni resort hotel and conference center, three golf courses, a clubhouse and retail space.