New Medical Office Building Breaks Ground On HCA Houston Healthcare North Cypress Campus
HOUSTON (August 11, 2020) – Arch-Con Corporation begins construction on North Cypress Physician Office Building III, a four-story, 110,374-square-foot medical office building located on the seven-acre HCA Houston Healthcare North Cypress campus. Developed by Denver-based NexCore Group, a national healthcare real estate developer, the building is located on the Northwest corner of Hwy 290 and Huffmeister Road at 10425 Huffmester Road in Cypress, Texas.
The development is conceptually programmed to be a multi-functional, multi-use medical office building which will include an ambulatory surgery center, a primary care center, cardiology, pulmonary, physical therapy and a potential endoscopy suite.
“There is a long-term, healthcare need in this area for a medical office building like what we are building,” Evan Alford, senior vice president for Arch-Con’s Healthcare Division said. “It will complement the existing hospital, allowing physicians easy access from hospital to medical practice and will serve as a model for future outpatient facilities.”
The $40 million project is a joint venture with NexCore, who is leading the development, and North Cypress Land Ventures POB Ltd, a real estate venture formed by a number of Cypress-based physicians and physician groups. North Cypress Land Ventures also developed the adjacent hospital in 2006 and later sold the hospital to Tennessee-based HCA Healthcare, Inc. in 2018.
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