(205) 298.0809
1000 Urban Center Suite 675
Birmingham, AL 35242


$16 Million Arlington Texas Rehabilitation Hospital Complete


Wednesday | July 8th, 2015

BIRMINGHAM, Ala. –The Sanders Trust(TST) announced today that its newly completed Texas Rehabilitation Hospital, a $16 million facility in Arlington, Texas, is ready to admit patients. The state-of-the-art rehab hospital is owned by an affiliate of TST and is leased to a joint venture between Louisville, Ky.-based Kindred Healthcare Corporation (Kindred); Arlington-based Texas Health Resources and Dallas-based Methodist Health System. Kindred will operate the new hospital on behalf of the joint venture. An aggressive construction schedule enabled the hospital to open on time and on budget, less than one year after the property’s groundbreaking in July of 2014


Now the roughly 48,000-square-foot, 40-bed hospital is ready to treat individuals who might suffer from stroke, traumatic brain injury, spinal cord injury or similar medical conditions. “This opening serves as a model for the post-acute sector where multiple healthcare providers work together to meet community medical needs, while focusing on the most efficient setting to deliver care,” said Steve Hewett, senior vice president for The Sanders Trust. TST developed and funded the property, including managing the construction and architectural phases. TST’s development team for this project included Byrne Construction Services of Fort Worth, Texas as general contractor and Nashville, Tenn.-based Earl Swensson Associates as architect. Texas Rehabilitation Hospital of Arlington is located just off Interstate 20 near The Parks at Arlington.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 22 states valued over $1 Billion.
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The Sanders Trust
1000 Urban Center Drive | Suite 675
Birmingham, Alabama 35242
USA |
Phone / Fax
Phone: 800-565-2585
Fax: 205-298-0810
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