Texas A&M Project to Complement Discovery Tower

Medistar Corporation, with partner Healthcare Trust of America (HTA) and lender CIM Group, are collaborating on the 19-story 714-bed Life Tower student housing high-rise and a 13-level parking garage for 2,700 vehicles. The projects are already under construction and on schedule to deliver mid-2022.

“At $550 million total investment, this 2.2 million-square-foot public-private partnership development is one of the largest ever undertaken at the Texas Medical Center and is the largest of the Texas A&M University System outside its flagship campus in College Station,” said Monzer Hourani, Medistar’s founder and CEO.

These projects are being developed by Medistar and HTA to complement Texas A&M’s Discovery Tower. This is home to Texas A&M’s Engineering-Medicine program at the Texas Medical Center.

“Together with Texas A&M’s leadership, our strategic partnership with HTA, and our lender, CIM Group, this completes the formation of an accomplished world-class project team of industry titans that already included the talented design and construction firms led by Kirksey Architects and Harvey Builders, and explains why we’re on-budget and actually ahead of schedule despite the numerous headwinds of COVID-19, labor shortages, inflating prices, two hurricanes and the worst winter storm of our generation. This project team is truly special,” adds Craig Laher, Medistar’s senior vice president for development.