ATX by way of HOU

Houston hospital reveals renderings of Austin outpost ahead of groundbreaking

Texas Children's Hospital is opening a new 365,000-square-foot location in Austin. Rendering courtesy of TCH and Page

Texas Children's Hospital is working on its first freestanding location in Austin — and the hospital system just released a first look at what the state-of-the-art building will look like.

The new Texas Children's Austin campus — to be located at 9835 North Lake Creek Parkway — will be open in the first quarter of 2024, according to a news release. The $485 million project is expected to break ground this spring.

The 365,000-square-foot, 52-bed hospital will serve women and children and include neonatal and pediatric intensive care units, operating rooms, epilepsy monitoring, sleep center, emergency center, fetal center for advanced fetal interventions and fetal surgery, diagnostic imaging, acute care, and an on-site Texas Children's Urgent Care location, per the release.

The location will have an adjacent 170,000-square-foot outpatient building — for subspecialties such as cardiology, oncology, neurology, pulmonology, fetal care, and more — and over 1,200 free parking spaces.

The new hospital is expected in 2024. Rendering courtesy of TCH and Page

The project was originally announced in May of 2020. The announced general contractor is St. Louis, Missouri-based McCarthy Building Companies, which has an office in Houston and Austin, and the architecture and engineering firm is Houston-based Page.

"At Texas Children's, our breadth and depth of expertise allows us to provide the full-spectrum of health care services which we believe helps improve the overall health and well-being of Austin children, women and families," says Michelle Riley-Brown, executive vice president at Texas Children's, in the original announcement. "Our promise to Austin remains strong – to deliver specialized care closer to you through our multiple locations across the city so children and women can access the right care, in the right place, at the right time."

Houston-based Texas Children's first entered the Austin market in March of 2018 with the opening of Texas Children's Urgent Care Westgate at 4477 South Lamar Blvd. Later that year, TCH opened Texas Children's Specialty Care Austin at 8611 North MoPac, Suite 300.Texas Children's Pediatrics currently has 10 locations in Austin.

"Texas Children's came from humble beginnings, opening in 1954 with a 106-bed pediatric hospital. From there, we grew into the preeminent hospital we are today, delivering the highest quality care possible by serving the needs of the children of Texas and beyond," says TCH's president and CEO, Mark A. Wallace, in the original release. "Texas Children's, like Austinites, dwell in possibilities. Every facet of our new hospital will be designed, engineered and tailored with your family's needs and desired experience."

The 365,000-square-foot hospital will have 52 beds. Rendering courtesy of TCH and Page

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Building Houston

 
 

Capital Factory's Houston HQ will be in The Ion. Photo courtesy of The Ion

A company that supports entrepreneurship and startups across the Lone Star State with mentorship and funding has announced its new homebase in Houston.

Capital Factory has revealed a new programming partnership with The Ion. Through the collaboration, Capital Factory will host programming, events, and resources within the innovation hub to grow, educate, and support Houston-based startups and entrepreneurs.

"Capital Factory's presence at The Ion will further expand the opportunities for startups and innovators in the Houston region, while strengthening an important pillar of the Texas Startup Manifesto," says Joshua Baer, founder and CEO of Capital Factory, in a news release.

Capital Factory was founded in Austin in 2009 and boosts on being the most active investor in Texas, deploying smaller investments to a multitude of early-stage startups. According to Crunchbase's data, the entity has invested in over 160 companies with 20 exits. Capital Factory officially entered the Houston market in 2019 and doubled down its presence last year when it merged with Station Houston.

Now, with its Houston headquarters moving into The Ion, the two innovation partners will take an inclusive approach to creating connections between innovators, mentors, investors, and markets, per the release.

"We are thrilled to have Capital Factory as a programming partner at The Ion" says Jan E. Odegard, executive director of The Ion, in the release. "The Ion seeks to work with key partners and established brands to help build a rich and inclusive set of startup services that can support all innovators and startups wherever they are in their entrepreneurial journey. Capital Factory brings a proven track record for providing entrepreneurs with services and investments that brings great value not only to The Ion ecosystem, but also to the entire Houston innovation ecosystem."

Capital Factory's first event at The Ion will be Open Coffee on November 16th followed by Open Coworking all day, Baer adds in his statement.

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