Update 6:23 p.m. Central Health voted to approve a 99-year lease of a portion of the former University Medical Center Brackenridge campus for use by Dell Medical School. Update 4:30 p.m. The Travis County Commissioner's Court voted unanimously July 10 to approve Central Health's proposed lease with The 2033 Fund. The Central Health Board of Managers will vote on the final approval at its special meeting at 5:30 p.m. Original post 11:18 a.m. After months of uncertainty, plans for the former University Medical Center Brackenridge and its surrounding properties known as the Brackenridge Campus are beginning to take shape and could include a mixed-use development and office space for Dell Medical School. Terms of a lease agreement between Travis County’s health care district, Central Health, which owns the campus, and The 2033 Fund, a nonprofit entity created for the benefit of The University of Texas at Austin, are expected to be approved by the Central Health board of managers at a July 10 meeting, according to a news release. If terms of the agreement are approved at the July 10 meeting, Central Health will lease blocks 164 and 167 of the campus along Red River Street and 15th Street, respectively, to The 2033 Fund for use by Dell Medical School and other potential tenants. Over 99 years, the lease will generate approximately $450 million for Central Health, the release stated.
Updated: Central Health board to vote on $450M, 99-year lease for parts of Brackenridge Campus
Updated: Central Health board to vote on $450M, 99-year lease for parts of Brackenridge Campus
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