Adolfson & Peterson Break Ground on New Hospital in Arlington

Adolfson & Peterson Construction and Reunion Rehabilitation Hospitals are celebrating the ground-breaking of a new location in Arlington with support from America Development & Investments LLC, a Dallas-based healthcare real estate developer.

Located at 4351 Centreway Place, the hospital will offer inpatient rehabilitation care for people with debilitating illnesses and injuries such as stroke and brain injury, as well as other complex neurological and orthopedic conditions.

Dallas-Fort Worth is one of the nation’s fastest-growing regions, according to recent U.S. Census Bureau estimates. Conversely, there is a lack of modern rehabilitation hospitals in the area. As Texas’ seventh-largest city, Arlington will benefit greatly from the services provided at Reunion Rehabilitation Hospital’s latest DFW location.

At 50,800 square feet, the three-story hospital was designed by Callaway Architecture and consists of standard steel construction with masonry veneer. The hospital features food services and dining areas, fitness and physical therapy spaces, medical staff rooms and expansive dayrooms for patients, and an outdoor courtyard for patients to practice walking on various surfaces and inclines. Moreover, the hospital’s location just off I-20 – approximately four miles west of its intersection with Texas State Highway 360 – provides easy access for patients in both North and South Arlington.

Reunion Rehabilitation Hospital Arlington is expected to open in January 2023 and will provide comprehensive inpatient physical-medicine rehabilitation therapies using results-oriented, individualized plans of care for patients in the Arlington area. The new hospital’s mission is to provide patients with best-in-class care provided by the finest caregivers in a unique, community-centric hospital environment.

The new hospital will also enable DFW residents to build fulfilling careers and join a team of excellent clinicians and support staff, including specialty-trained physical medicine and rehabilitation physicians.

Reunion Rehabilitation Hospital Arlington is one in a series of inpatient rehabilitation facilities that Reunion plans to develop across the country. In addition to the new Arlington hospital, ADI is developing a 55,617-square-foot hospital in Plano, Texas, a 47,000+ square-foot hospital in Englewood, Colorado, a 49,128-square-foot hospital in Peoria, Arizona, and a 51,000-square-foot hospital in Phoenix, Arizona.

Urban Logistics Realty Begins Construction on Two-Building Industrial Park Alcott Logistics Station

Urban Logistics Realty has broken ground on the 918,213-square-foot, two-building industrial park Alcott Logistics Station at the Southwest corner of E. Scyene Road and Faithon P. Lucas Sr. Boulevard in Mesquite.

Building D will total 592,995 square feet and Building B will total 325,218 square feet. Jason Nunley, Adam Herrin, and Drew Feagin with Urban Logistics Realty will head project development. Kacy Jones, John Hendricks, and Trevor Atkins with CBRE will handle leasing and marketing.

Once completed, the industrial park will accommodate 1,625 workers. Alcott Logistics Station is the second project to be completed by Urban Logistics in Mesquite. In early 2021, the company delivered Urban District 30, a 977,013-square-foot industrial park.

“We couldn’t be more excited to kickstart Alcott Logistics Station in Mesquite,” said Jason Nunley, co-owner and managing partner at Urban Logistics Realty. “With the success of our Urban District 30 development, it made total sense to partner with the City of Mesquite to activate this site in such a dynamic location.

“The naming of the project pays homage to A.R. Alcott, who filed the first plat in the township of Mesquite in 1873, and we thought a great symbol of the growth that continues to occur. The city has been a delight to work with and we are confident it will be a big win for everyone.” Click to read more at www.

WOSB & HUBZONE Firm Survives and Continues to Grow After 10 Years in Emergency Management and Disaster Recovery

“On our 10th ANNIVERSARY, I am happy to see our firm not just survive but thrive during tumultuous and unprecedented times as we help others to recover. We look forward to continued growth and expansion in each location, including our team and office in Puerto Rico. I am thankful for the addition of new partners and women to the team at PVMA and PVMA GLOBAL. Our commitment to supporting global recovery efforts through professional and humanitarian services remains our highest priority. I see many exciting years on the horizon for Women-Owned Small Businesses.” Laurie A. Robinson

“Over the past year, we have seen America’s small businesses overcome incredible challenges—a devastating pandemic, climate disasters, and other disruptions that have impacted how we live and do business. And every time, against the odds, America’s entrepreneurial spirit has come roaring back.” Isabella Casillas Guzman, 27th Administrator of the U.S. Small Business Administration (SBA.)

Project and Vendor Management Advisors, LLC (“PVMA”)is a women and minority-owned management consulting firm that provides an effective, efficient, and proven project management framework to deliver solutions to large complex challenges. PVMA provides experienced professionals that deliver quality results, on-time performance, and within budget for services related to grant administration, financial audits, compliance and monitoring, case management, and stakeholder engagement. PVMA’s staff of subject matter experts consist of Healthcare, (HUD) housing, FEMA, Emergency Management and Disaster Recovery specialist.

PVMA deploys teams of project managers and subject matter experts across the country to manage capital projects, emergencies, and disasters that impact municipalities, counties, governments, and the private sector. The firm has provided services for some of the largest recovery efforts since 2012 related to Disaster Recovery Financial Management & Reimbursement, Grant Management and Reimbursement Compliance Services, Case Management, FEMA Individual Assistance, Program Management & Housing Programs, and COVID 19 Reimbursement Services.

For More Information on PVMA: https://pvmallc.com/services and https://pvmaglobal.com.

Meta Goes Mega on Texas Office Space

Meta Platforms is making a splash in downtown Austin.

The company, formerly known as Facebook, leased all the office space in the Sixth and Guadalupe building, which will be the tallest tower in the Texas capital, according to the Austin Business Journal. It rented 589,000 square feet across 33 floors in the building, which is under construction at 400 West Sixth Street.

Rising 875 feet, the 66-story tower will be the first Austin high-rise with a total of a million square feet. In addition to offices, it will have 349 residential units on the 34th to 66th floors and 10,000 square feet of retail space. Construction on the commercial portion of the building was finished in late 2021. The building is expected to be complete in 2023.

The company sealed the deal Dec. 31. It’s the second-largest office lease in downtown Austin, according to ABJ. Google has leased a high-rise with 723,000 rentable square feet that’s under construction at 601 West Second Street. Click to read more at www.therealdeal.com.

As Rents Rise, Investors Flock to San Antonio’s Red-Hot Apartment Market

San Antonio apartments are being swapped in a flurry of trades, as outside investors pour into the city to take advantage of market conditions created in part by the pandemic.

More than 14% of all San Antonio apartments traded hands last year, a share greater than any city in the state and any city nationally except for Atlanta, according to a December report from CoStar, a real estate analytics firm. Those deals were worth a total of $3.6 billion in 2021, marking a near doubling over the transaction volume for 2019, before the pandemic.

“There’s a lot of investor confidence in San Antonio,” said Daniel Khalil, one of the report’s authors. “It’s not just because of good prices, or because it’s this [capitalization] rate, or that much per door. They’re also buying it because they see the growth prospects in the city, and because they see the economic resiliency of a city like this.” Click to read more at www.sanantonioreport.com.