The Signorelli Co. has broken ground on its Valley Ranch Medical District, an about 100-acre development where a hospital and medical offices will serve the community.
The development is part of The Signorelli Co.’s larger Valley Ranch master-planned community, which includes the Valley Ranch Town Center at the intersection of Hwy. 59 and the Grand Parkway. Jay Young, the vice president of commercial at The Signorelli Co., said construction began work in September and is expected to take “several years."
“The development of the Medical District responds to a large and growing void in the area, bringing much needed high-quality health and wellness solutions to our Northeast Houston corridor,” Young said. “Outside of the development within the Medical District, we are adding improved access throughout Valley Ranch to create and expand roadways, allowing for seamless connectivity throughout the master plan and building the framework to support further development in the remaining districts within Valley Ranch."
The company is preleasing two of its medical district buildings, which offer about 180,000 square feet of office space in total. In addition to medical office space, there is space available for retail, marketing and restaurants in the district.
