Pacific Medical Buildings (PMB) is pleased to announce the opening of the three-story Lakeway Medical Plaza in Lakeway, Texas.
The 53,000 SF medical office building is located on the campus of the recently opened Lakeway Regional Medical Center, a 106-bed general acute care hospital in Lakeway, Texas, a fast-growing community northwest of Austin.
The MOB houses the Hospital’s comprehensive cancer and imaging centers, administrative offices, and independent physician practices. PMB and its investors raised the equity for the new MOB and entered a ground lease arrangement with the Hospital.
PMB and Nashville, Tennessee-based RD Development Partners, invested $20M in the hospital project and partnered with Franklin, Tennessee-based Surgical Development Partners LLC and a group of local investors to create Lakeway Regional Medical Center.
The 54-acre campus will include three MOB’s, a retail building, hotel and rehab hospital. The Hospital was financed using a HUD-insured, $167,000,000 loan.
For more information, please Contact Us or call 800.472.1005