Quote:
Originally Posted by Armybrat
Plenty of room on Robinson ranch between north Austin & Round Rock....if the family decides to go ahead & develop part of it.
|
I'm not sure if the family even owns most of that land anymore. They City of Austin annexed it a few years back and zoned it as to become one of the densest places within the city.
Additionally, the Brackenridge Tract/Lions Municipal site has been talked about for years. And from my sources, it is still being considered as one of the possible sites.
Furthermore, Seton's “commitment” of $250MM toward the construction of a new hospital is really not that much money (when considering building a brand new medical facility – especially one aimed at being a “teaching” hospital). It's more like seed money (a new facility will be more expensive).
$250MM would get you about 100 or so beds (approximately one fifth the size of Seton Medical Center) in a “regional” hospital-type setting and equipment level. As an example, the newly opened, $210MM Lakeway Regional Medical Center is a small, 106-bed regional hospital with 6 ORs, a 3-trauma/12 ED-room ER, 6 L&D rooms. The cost of this facility was just under $770 per square foot.