Incentive agreement approved for medical office building

Print Create a hardcopy of this page Font Size: Default font size Larger font size

ANDREW BRANCA Daily Light Staff Writer

Baylor is relocating its current hospital on Jefferson Street next to Getzendaner Park to a new site located at the northeast corner of Interstate Highway 35E and U.S. Highway 287. The hospital will be six stories tall with the sixth story set for a future expansion. The hospital will have a 99-bed capacity that can be expanded to 125 beds. Construction is underway on the $175.5 million hospital

Posted: Tuesday, December 10, 2013 4:08 pm | Updated: 3:01 pm, Wed Dec 11, 2013.

Economic Commission OKs incentives for medical suite ANDREW BRANCA Daily Light Staff Writer Waxahachie Newspapers Inc.

The Waxahachie Economic Development Commission approved a tax abatement at its Monday meeting to incentivize construction of the medical office suite at the new Baylor hospital site.

The tax abatement, approved as a 380 agreement with Duke Realty, will encourage tenants to occupy the suites by allowing for lower rent costs. The agreement is in line with the city's Economic Development Strategic Plan which sets ensuring long-term success of Baylor and assisting in attracting/retaining medical talent.

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Or, use your linked account:

To become a new online only subscriber, please choose this option. By doing so, you will first proceed to a registration form. Upon completion of the registration form you will then continue by completing the subscription form. For assistance please call 469-517-1475. Thank you.

Go here to read the rest:
Incentive agreement approved for medical office building