Methodist Healthcare Acquires Shuttered Forest Park Medical Center

Methodist Healthcare System of San Antonio acquired the Forest Park Medical Center, a former boutique hospital at Interstate 10 and Loop 1604 in San Antonio. The 155,000-square-foot facility at 5510 Presidio Pkwy. sat vacant following foreclosure more than two years ago.

Seller Texas Capital Bank, operating under the name TCB/Marina del Sol, acquired the asset through an auction in March 2016. The property was one of a myriad of boutique hospitals throughout Texas, operating under the Forest Park brand, that shut down in 2015-2016 due to financial issues. The new owner plans to re-open the hospital to serve the growing population on San Antonio’s northwest side.

“Forest Park is situated in a very desirable corridor with easy access, and its recent construction allows Methodist to build on the state-of-the art technology that already exists in the hospital,” Methodist Healthcare’s Palmira Arellano told the San Antonio Express News.

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