MEDICAL OFFICE BUILDING · FLOWER MOUND, TEXAS
River Walk Medical Park III, Flower Mound
An 83,147 square foot Class-A medical office building directly attached to Texas Health Presbyterian Hospital Flower Mound on all three floors — developed by New Era Companies and opened in 2012.
Building SF
Year Completed
Asset Class
The Project
The premier medical address in Flower Mound — attached to the hospital on every floor.
River Walk Medical Park III is an 83,147 square foot Class-A three-story medical office building located in Flower Mound, Texas, directly attached to Texas Health Presbyterian Hospital Flower Mound on all three floors. Developed by New Era Companies and opened in September 2012, the building offers medical professionals unmatched convenience and connectivity — patients and physicians move seamlessly between the hospital and the medical office building without leaving the building.
The building serves as the premier address for medical specialists in Flower Mound, housing Texas Oncology, Texas Urology, Texas Colon & Rectal, Texas Digestive Disease Consultants, North Texas Perinatal Associates, Fertility Leaders of Texas, Flower Mound Women’s Health, and additional surgical and OB/GYN practices. The direct hospital attachment dramatically improves operational efficiency for specialist practices requiring immediate access to hospital resources.
Project Details
Asset Class
Medical Office Building (MOB)
Location
Flower Mound, Texas
Building Size
83,147 GSF
Rentable SF
79,546 RSF
Stories
3-Story
Site Area
4.815 Acres
Completed
September 2012
New Era Role
Developer · Capital Partner
Anchor Tenant
THR Presbyterian Hospital Flower Mound
The Facility
Project Location
Flower Mound, Texas
4370 Medical Arts Drive
Flower Mound, TX 75028
New Era’s Role
Developer. Capital Partner. Delivered.
New Era developed the most strategically positioned medical office building in Flower Mound — directly attached to Texas Health Presbyterian Hospital on all three floors — delivering a Class-A facility that became the premier address for medical specialists in the market.
Developer
Full development management from site acquisition through certificate of occupancy for an 83,147 square foot Class-A medical office building on 4.815 acres in Flower Mound, Texas. Directly attached to Texas Health Presbyterian Hospital Flower Mound on all three floors. Completed September 2012.
Capital Partner
New Era structured and raised the development capital through its investor network. The building opened as the most connected medical office address in Flower Mound — directly integrated with the hospital on every floor.
Delivered
An 83,147 square foot Class-A medical office building housing oncology, urology, gastroenterology, perinatal care, fertility, and women’s health specialists — directly attached to Texas Health Presbyterian Hospital Flower Mound since 2012.