Houston Chronicle
Physician investor group North Cypress Land Ventures has broken ground on Grand Cypress Doctors Pavilion One, a 60,000-square-foot project slated to be completed in June of 2025.
Most of the first building has been preleased with tenants across multiple disciplines, anchored by a 12,000-square-foot endoscopy surgery center headed by Dr. Bharat Pothuri .
The space is about 80 percent leased, North Cypress Land Ventures chairman Kim Keller said, and the building will also host Keller Surgical Specialists .
"Our mission is to provide a state o the art health care campus with experienced and caring doctors who are focused on patient care and satisfaction above all else," Keller said.
Now a more than 30-year general surgeon in the Cypress area, Keller comes from a family of physician ownership. His father, a primary care doctor, built Houston Northwest Medical Center and Cy-Fair Hospital , where Keller hosted his own practice. Now, three of Keller's children are involved in the Grand Cypress Medical Pavilion project.
Now with 43 local active physicians on board, North Cypress Land Ventures is unique in that it promotes medical developments owned by local doctors, Keller said.
The 30-acre site is located adjacent to the formerly physician-owned North Cypress Medical Center .
"We had this extra land, and I really wanted to continue the process of physician ownership and physician involvement with patient care as much as possible," Keller said.
Located at the northeast corner of Grand Parkway and U.S. 290 , the group first received an $8 million loan in 2019 to begin the project. The maturity date was extended to July 2025 , and the same lender offered another $19.1 million for the project in 2020.
Once completed, the Grand Cypress Medical Pavilion will incorporate around five buildings including a potential rehabilitation center, a wellness center, another medical office building and a women's center or cancer prevention center, Keller said. Phase Two of the project will likely be the rehabilitation center, while Phase Three could feature the wellness center and women's or cancer center, respectively.
"The general theme I would like to have is physical health, mental health and cancer prevention," Keller said. "I think there's a significant need for more women's health."
The wellness center will incorporate more than just fitness and will likely offer packages with other physicians within the campus, said Allison Keller-Beddoe , executive assistant and the wellness center's future director.
"The (wellness) center is going to be set up in collaboration with doctors located at the other (buildings,)" Keller-Beddoe said. "It'll be setting people up for success long-term, not just having it for them to work out."
Construction is headed by CONAR Building Group of Tennessee . Architect Willie Stokes of fellow Tennessee -based firm Davis Stokes Collaborative Architects , who has designed other medical buildings in the area, is designing the project.
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