Texas Medical Center

Texas Medical Center is planning to construct TMC3, a proposed life science complex on 37 acres with healthcare, research, laboratory, hotel, and retail components. Silverlode estimated the economic impacts of the ongoing operations and construction impacts associated with investment in infrastructure, building, and land improvements for the initial phases of the planned TMC3project. The potential impacts of TMC3on property values and on public transportation in the Greater Houston area were also included in the analysis. Since the impact study was conducted, the project has expanded and has engaged new commercial partners.