The Verde Center at Peachtree | ryancompanies.com
The Verde Center at Peachtree, a new 60-acre master-planned wellness campus strategically located on I-635 at the Gross Road exit, was given formal approval by Mesquite City Council to proceed.
The project will consist of a state-of-the-art $250 million+ patient-centered medical campus and is designed to function as a walkable village with a 25+ acre amenity center that follows the banks of a year-round flowing creek. Expect a series of healing gardens, walking trails, a hotel and conference center, fitness center, and a senior living community among other amenities.
In addition, the development will also create job opportunities and address the lack of quality and convenient healthcare alternatives in the Mesquite and East DFW Metroplex areas. According to a recent Dixon Hughes market feasibility study, an excess of 80 percent of that population is currently addressing their healthcare needs in other cities.
“The growing demand for convenient and high quality healthcare alternatives in Mesquite and the East DFW Metroplex make The Verde Center at Peachtree important and viable for a variety of healthcare providers,” said Rich Couturier, vice president of development for Ryan Companies US, Inc. “There are few markets in North Texas that have such a direct need for this type of medical and health and wellness campus. We look forward to developing this innovative, creative and cost effective mixed-use health and wellness campus for the community, and the generations that will follow.”
Ryan Companies US, Inc., Medical Campus Group, Lang and Company, and the Peachtree Foundation are developing The Verde Center at Peachtree with the State of Texas and the City of Mesquite providing financial incentives to supplement development financing.
The final alignment with healthcare systems, outpatient clinical operators and multiple physician groups is anticipated by the end of 2018 by Ryan Companies. Construction on the initial phase of the project is expected in mid-2019.
SOURCE