Lillibridge's Seton Williamson Medical Plaza I opens in Round Rock, Texas
RELATIONSHIP BETWEEN LILLIBRIDGE AND SETON FAMILY OF HOSPITALS CONTINUES
CHICAGO and ROUND ROCK, Texas, June 4, 2008 – Residents in and around Round Rock, Texas, will benefit greatly from a new medical office building (MOB) on the campus of the Seton Medical Center Williamson. Lillibridge has expanded its relationship with the Seton Family of Hospitals by building a 120,000 square foot MOB named Seton Williamson Medical Plaza I. Construction of the new facility started in May 2007 and was complete in May 2008.
"It was a pleasure working with Lillibridge again, this time on our MOB in Round Rock, Seton Williamson Medical Plaza I,” says Tom Gallagher, SVP Business Development, Seton Family of Hospitals. "We have worked with Lillibridge on many other projects and have always appreciated their expertise and professionalism.”
Seton Williamson Medical Plaza I is a 120,000 square foot, four-story MOB that is located at 301 Seton Parkway, in Round Rock. The building was designed to complement the architecture of the adjacent hospital, and is connected to it via a sky bridge located on the second floor. The facility currently houses an integrative health center, women’s imaging center, outpatient rehab, and child care for employees of the hospital as well as the general public. A surgery center is also planned.
"We are very proud of the first MOB on our campus," says Mark Hazelwood President and CEO of Seton Medical Center Williamson. "Not only was Lillibridge great to work with during the development phase of the facility, but they have been willing to work with us relative to Seton’s recruitment efforts of new physician tenants to our medical staff. I appreciate their sense of partnership and dedication to all phases of this process."
Lillibridge partnered with the Seton Family of Hospitals in June 2004 when it acquired three medical buildings on three different Seton campuses.
"We worked with the Seton Family of Hospitals in 2004 and we were very glad to work with them again," says Todd W. Lillibridge, Chairman and CEO of Lillibridge. "When we got the opportunity to build, own and manage a new MOB on their Round Rock campus we were excited at the prospect of continuing the long-standing relationship between our two companies."
ABOUT THE SETON FAMILY OF HOSPITALS
Founded in 1902, the Seton Family of Hospitals is a not-for-profit organization, and is the leading provider of healthcare services in Central Texas, serving an 11-county population of 1.7 million. As the region’s largest community service and public service organization, Seton contributed more than $237 million to care for the poor and to benefit the community last year. The Seton Family of Hospitals’ network includes five urban acute care hospitals, two rural hospitals, a mental heath hospital, several strategically located health facilities and three primary care clinics for the uninsured.
ABOUT LILLIBRIDGE
Lillibridge offers a full complement of real estate services and capital, exclusively to hospitals and healthcare systems. The company’s services include buying and developing medical office and outpatient / ambulatory care facilities, program management for building or renovating inpatient and acute care hospitals, asset and property management services, and advisory services for strategic, financial and operational real estate issues. Lillibridge’s national scope encompasses more than 250 hospitals and healthcare systems across more than 40 states, including 6,000 physicians and hospital tenants, and approximately 10 million square feet of medical property. Headquartered in Chicago, Lillibridge has multiple regional offices and more than 200 dedicated employees. For more information, please visit us online at www.lillibridge.com or call (312) 408-1370.
