Redevelopment of the Brackenridge tract — a 14.3-acre parcel in downtown Austin that could be transformed into a thriving medical and commercial district — will be in the hands of Wexford Science & Technology LLC, a Baltimore-based company that specializes in medical and research development.

The Central Health Board of Managers voted Wednesday to proceed with negotiations with Wexford as the master developer of the site near 15th Street and I-35, currently home to University Medical Center Brackenridge. The hospital was replaced earlier this year by the nearby Dell Seton Medical Center.

Click to read more at Austin Business Journal.