The Texas A&M University System in the US has broken ground on the $546m multi-use, multi-phase development, Innovation Plaza.
Houston-based Medistar is serving as the developer of the project, which will act as a medical and housing complex. It is located adjacent to the Texas Medical Center at the corner of Holcombe Boulevard and Main Street in Houston.
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Planned for completion by 2024, the Innovation Plaza comprises three towers — Discovery, Life and Horizon, expanding Texas A&M University System’s presence in the Texas Medical Center.
The towers will serve as home to the Texas A&M Engineering Medicine (EnMed) programme as well as provide student housing for the Prairie View A&M University’s College of Nursing.
The Innovation Plaza will feature research facilities, affordable student housing, office space, retail space and parking.
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Construction firm Harvey Builders has been appointed to build the 19-storey Life and 17-storey Horizon towers, which will complement the Discovery Tower.
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By GlobalDataThe Horizon tower will feature 1.2 million ft² of a parking garage with 2,800 spaces and 15,000ft² of retail space along with 8,700ft² of lush green space between the buildings.
Texas A&M is renovating the Discovery Tower, a pre-existing building, with completion planned by the end of summer 2020.
The 18-storey Discovery Tower will be used to host faculty, learners, and researchers from across Texas A&M’s Health Science Center.
Texas A&M University System chancellor John Sharp said: “The pandemic has underlined the importance of medical technology and research.
“There is no better place for our ground-breaking EnMed program and other Texas A&M System initiatives to locate than the Texas Medical Center.”
The Innovation Plaza is supported by part financing by Infrastructure investment firm American Triple I Partners.
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Rendering of Texas A&M Innovation Plaza in the Texas Medical Center area. (Credit: Texas A&M University System)
