Caddis Partners® hosted a groundbreaking to commemorate Frisco Medical Pavilion II. Shovels hit the ground Friday, February 10 in a celebration attended by Caddis executives and other project stakeholders. The new medical office building provides an opportunity to create personalized patient care in the fast-growing vibrant community of Frisco.
The project will be a 60,000-square-foot medical office building in the highly visible location of 12850 Dallas Parkway. It has an estimated delivery of early 2024 and is experiencing a surge in healthcare demand from users across specialties. The medical pavilion is just north of Texas Health Frisco, a full-service hospital which opened in December of 2019.
Once complete, Frisco Medical Pavilion II will be a Class A medical office building featuring a state-of-the-art lobby, elevator cabs with gurney capacity, 20,000-square-foot floor plates and the capability for an ambulatory surgical center on the first floor. Exterior features will include an approximately 15,000-square-foot outdoor wellness area, exterior building signage opportunities along the Dallas North Tollway, covered patient drop-off and on-site parking with a 5-to-1,000 ratio. The property is being well received by local medical businesses and several suites have already been secured.
Located in one of the highest-income cities in North Texas as well as one of the fastest-growing cities in the U.S., the property features more than 250 retail and dining options within a three-mile radius. Transwestern Real Estate Services (TRS) handles leasing for the project.
The general contractor for the project is Richardson, Texas-based Novel Builders, the architect is Dallas-based Grace Hebert Curtis Architects and civil engineering services is provided by Hart Gaugler + Associates.