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Texas  + Austin  + Healthcare  | 
UT/MD Anderson building two Austin hospitals for $2.5B

UT/MD Anderson Investing $2.5B on Two Austin Hospitals

The University of Texas at Austin Medical Center will start with two new hospital towers — The University of Texas MD Anderson Cancer Center and a UT Austin hospital. UT spokesman Kevin Eltife said the investment would be approximately $2.5 billion. They will build the hospitals in place of the Frank Erwin Center arena, slated for demolition. Groundbreaking for the hospitals will be in 2026.

In a press release, Eltife said, “…the partnership combines the powers of a research university with the expertise of the nation’s top-ranked cancer center, with the goal of uniting the best of academics and the private sector to fight disease.”

The new MD Anderson Cancer Center will have 150 in-patient beds and the ability to handle complex procedures. It should also create thousands of jobs.

Connect Texas Multifamily 2023 will take place on Aug. 22, 2023 at Virgin Hotel in Dallas. Click here for more information and to register.


Inside The Story

Kevin Eltife

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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