Cambridge Holdings Initiates Construction on Frisco's First Medical Office
Deal News | Apr 29, 2025 | Hillwood Development Co LLC
The Frisco Station Partnership has announced the groundbreaking of the Frisco Station Medical Office Building, an expansive and modern facility to be part of the Frisco Station Health and Wellness District, led by Cambridge Holdings Incorporated. Situated in a premier location in Frisco, Texas, this 85,800-square-foot building stands as the flagship medical project within the district, set to open in late 2026. This marks a significant step in the ongoing development of Frisco Station, a 242-acre mixed-use facility envisioned as a hub of innovation, health, and lifestyle. The introduction of the medical building will accommodate high-caliber healthcare tenants such as Compass Surgical Partners and Lam Vascular & Associates, providing a hub of advanced and diverse medical services. Guided by a mission to enhance patient outcomes through innovative development practices, Cambridge Holdings, alongside design and construction partners, is working to ensure that the district evolves into a leading national model for integrated healthcare delivery and community-centric design. The project underscores the rapid economic and population growth in Frisco, reflecting increased demands for healthcare facilities, and aims to offer cutting-edge medical services alongside community-based wellness initiatives.
Sectors
- Real Estate Development
- Healthcare
Geography
- United States – The project is located in Frisco, Texas, reflecting domestic development and expansion within this rapidly growing region.
- Texas – Frisco Station is specifically situated in Texas, highlighting the state's booming real estate development and healthcare sectors.
Industry
- Real Estate Development – This industry is relevant due to the focus on new construction projects within Frisco Station, a prominent mixed-use development.
- Healthcare – Healthcare is a core industry given the medical office's purpose of providing advanced medical services and facilities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cambridge Holdings Incorporated | Developer | Company | A national developer specializing in healthcare and mixed-use projects. |
| Hillwood Development Co LLC | Partner | Company | Part of the Frisco Station Partnership with a stake in the mixed-use development. |
| Frisco Station Partnership | Development Partnership | Company | A collective organization responsible for developing Frisco Station. |
| Compass Surgical Partners | Anchor Tenant | Company | A healthcare provider operating within the new medical office building. |
| Orthopedic Institute of North Texas | Anchor Tenant | Company | A healthcare organization specializing in orthopedic services. |
| Lam Vascular & Associates | Anchor Tenant | Company | Healthcare provider specializing in vascular treatments. |
| Perkins & Will | Architect | Company | Design firm responsible for the architectural planning of the building. |
| Rogers-O'Brien Construction | General Contractor | Company | The construction company managing the build of the medical office. |
| Kimley-Horn | Civil Engineer | Company | Firm handling the civil engineering aspects of the project. |
| Transwestern Real Estate | Broker | Company | Real estate brokerage firm involved in leasing and transactions for the building. |