Texas Medical Center launches the world’s largest science campus: NBC 5 Dallas-Fort Worth

Texas Medical Center in Houston has announced the launch of a 37-acre life sciences campus designed to unite the most important minds in medicine and marketing: TMC 3.

According to TMC, a medical city fosters collaboration between hospitals, universities and businesses, construction has begun on the first phase, which is backed by $ 1.8 billion in funding for investment equipment in life sciences and property development.

The TMC 3 master plan, which includes approximately 6 million square feet of planned development, was designed by Boston-based Elkus Manfredi Architects.

The infrastructure will support a combination of health, life sciences and business users, TMC said.

TMC also said the capital investments will foster an expanding network of business partners, from entrepreneurial firms to Fortune 100 firms.

“With more than 100,000 employees, broad intellectual capital and a long-term patient focus, our capacity for innovation is second to none,” said William McKeon, president and CEO of Texas Medical Center. “The collective power of TMC’s hospitals and academic institutions has accelerated the pace of scientific discovery for years. TMC 3 extends our collaboration to Fortune 100 life sciences companies and entrepreneurial companies. Changing.”

The first phase of the TMC 3 campus includes 950,000 square feet dedicated to translational research, as well as a 700,000-square-foot facility developed by Boston-based Beacon Capital Partners and its strategic partner, Braidwell, a focused investment firm. in the life sciences.

The first phase of 350,000 square meters is scheduled to begin on the ground in the fourth quarter.

According to TMC, the initial phase will also include a more than 500-room hotel with more than 65,000 square feet of conference space, a 350-unit residential tower, more than 2,000 parking spaces and 18.7 acres of space. public, including six TMC parks 3.

“It’s an unprecedented time for life sciences and innovation in the U.S. and Houston has all the factors needed for explosive growth in this space,” said Steve Purpura, president of Life Sciences at Beacon Capital Partners. “TMC has done the work needed to sow innovation, establish relationships with the world’s leading life sciences companies and create the infrastructure needed for long-term success.”

According to TMC, a key goal of the plan was to ensure an environment where innovators in health, science, academia, government, and industry could collaborate on new drugs, medical devices, diagnostic and digital health platforms, and solutions. treatment. The result is also intended to attract high-quality talent to the energy and vitality of an expansive medical city that offers multiple opportunities for mentoring and professional growth, TMC said.

The landscape design was done by Mikyoung Kim, and the defining feature of TMC 3 is the Helix Gardens, a green space that weaves the heart of the campus and is open to the public. Helix Gardens is a chain of five public parks, each about the size of a football field, and will offer lawns, tree canopies, walking paths, water, cafes, and a central garden for receptions at the outdoors, concerts, graduations and other large-scale events.

Expanding the more than 60 institutions and 100,000 employees already located at Texas Medical Center, the largest medical center in the world,

TMC 3 is expected to generate a significant economic impact during the construction and operation phases, expanding to the more than 60 institutions and 100,000 employees already located at Texas Medical Center, the world’s largest medical center.

According to TMC, the state of Texas is estimated to benefit from a continuing impact of $ 5.409 billion each year. More than 23,000 new permanent jobs in Harris County will drive this gain, which represents virtually every industry, salary scale, tax levels, and educational background. TMC said 19,000 construction jobs will also be created as a result of the project.

“Houston is already fortunate to have such a strong health and higher education ecosystem. The TMC 3 project will be the cornerstone of our regional life sciences strategy. It will create new jobs, advance innovative medical technologies, and health care solutions, ”said Houston Mayor Sylvester. Turner said. “In addition, TMC 3 propeller parks will create a place to meet in the community and continue to expand our incredible park system. Houston will be one of the most competitive cities in the country for life sciences companies. “.