Posted Mar 7, 2019, 11:26 PM
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Join Date: Jan 2009
Location: Chicago, IL —-Austin, TX
Posts: 12,721
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Gateway Station
Hotel/Retail project to sit above the Metro Station in the Texas Medical Center.
Quote:
Located in one of the worlds largest medical centers, this transit-oriented development will provide several levels of accommodation for visitors and residents alike.
Gateway Station at the Texas Medical Center (“TMC”), is a joint venture between Paul Alexander Company, LLC, and Grifn Partners, Inc. (“PAC”
or “Developer”). Gateway Station, a transit-oriented hotel development located in the Heart of the Texas Medical Center in Houston, Harris County, Texas. The project is a to-be-built 500-room hotel with mixed-use development consisting of 3 Hotels (125-room Extended Stay Hotel, 250-room Ballroom Hotel, and 125-room Hotel), structured parking (524 spaces) above the METRO bus and rail transit station. There is currently a significant lack of available hotel room supply for over 10 million TMC visitors per year. The strategic intent of METRO - TMC lite-transit oriented development is to augment METRO’s ridership, improve the customer experience at its premier TMC transit station, enhance the largest medical center in the world, and provide additional hotel rooms and retail/restaurant options within the TMC.
Gateway Station will be in the Texas Medical Center and near Downtown Houston CBD. The TMC opened in 1925 and is the largest medical complex in the world. It covers 1,345 acres, making it the 8th largest business district in the country and is still expanding. The TMC hosts over 10 million patient visits and over 150,000 surgeries per year. The TMC has over 110,000 employees, including 5,000 doctors, 15,000 nurses and 5,700 researchers and is currently undergoing a $3.25 billion expansion. Additionally, the TMC has 7,000 patient beds and 25,000 babies are delivered annually in its 21 member hospitals.
In addition to having direct access to the Texas Medical Center and Houston CBD, Gateway Station will also be a quick drive to the Rice Village shopping and retail center, adjacent to Rice University and will be less than 2.5 miles from Hermann Park, the Museum District, the Houston Zoo and Hermann Park Golf Course.
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Last edited by Urbannizer; Mar 7, 2019 at 11:47 PM.
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