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Kelsey-Seybold to Build New Administrative Office in Pearland

For Immediate Release
November 1, 2011

Contact:
Matt Buchanan
Pearland Economic Development Corporation
mbuchanan@pearlandedc.com
281-997-3000

Kelsey-Seybold to Build New Administrative Office in Pearland
Premier community-based physician group to build 170,000 square-foot, four-story office building located in Shadow Creek Ranch

PEARLAND, Texas — Leadership from the City of Pearland and the Pearland Economic Development Corporation (PEDC) are pleased to announce that Kelsey-Seybold chose a site in Pearland for its new administrative office building. The health care organization is one of several medical-related facilities recently moving to Pearland.

The 170,000 square-foot, four-story office building will be on an 18 acre site in Shadow Creek Ranch on the northeast corner of Kirby Drive and Shadow Creek Parkway, just west of State Highway 288. Current plans have the facility opening in approximately 18 months.

“Kelsey-Seybold choosing Pearland for their new administrative office is an indicator of the growth in office development occurring in our community,” said Tom Reid, mayor of Pearland. “Our strategic geographic location, large talent base, exemplary schools and an all-around high quality of life continues to attract companies looking for opportunities to expand.”

The PEDC and city officials began working with Kelsey-Seybold more than four years ago on the project. Kelsey-Seybold’s office building will be positioned next to the Shadow Creek Business Center, a new Class A 80,000 square foot office building, and Hospital Corporation of America’s (HCA) medical office building, a 78,000-square-foot, four-story building on their Shadow Creek Ranch campus.

Also in the vicinity of the new Kelsey-Seybold administrative offices are two new medical manufacturing facilities. Cardiovascular Systems, Inc. began operations in 2010 and Merit Medical Systems, Inc. recently announced its selection of Pearland for its newest R&D and manufacturing facility.

“Recruiting an established company such as Kelsey-Seybold into the community is continued affirmation that Pearland is a great place to do business,” said PEDC Chairman Charles D. Gooden Jr.

Recent U.S. Bureau of Census data confirms that Pearland is one of the fastest growing cities in the United States, ranking 15th in the nation in percentage population growth among cities that had 10,000 people or more in 2010. Pearland’s rapid population increase moved it to third largest from ninth largest city in the Houston MSA, preceded in size only by Houston and Pasadena.

“This project will bring in a significant number of jobs, will support local businesses and boost an already thriving housing market. With ample shovel-ready sites, we anticipate others will follow this trend,” Gooden said.

The facility is being designed by Powers Brown Architecture and will be constructed by E.E. Reed Construction, L.P. TGB Crosswell, formerly CG Commercial Development, developed the property and coordinated the sale with CG-Shadow Creek Ranch Village, L.P., owner of the Shadow Creek Ranch commercial site. TGB Crosswell Managing Partners Allen Crosswell and Tod Greenwood, and Director of Construction Stan Beard, worked on the sale. Thad Armstrong of Thompson & Knight LLP provided legal representation for Kelsey-Seybold on all aspects of this project.

The new administrative offices will support Kelsey-Seybold’s 370 physicians providing primary care and specialty care at 20 clinic locations throughout the region. Currently, there are two Kelsey-Seybold clinic facilities in Pearland, one in Shadow Creek Ranch at the HCA medical office building and one in Silverlake.

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About PEDC
Established in 1995, the Pearland Economic Development Corporation promotes, assists and enhances the economic development activities and quality of life within Pearland, Texas. In bringing new and existing businesses to the area, the organization attracts capital investment to add to the city’s tax base and helps to increase the number of employment opportunities for residents. For more information, visit pearlandedc.com.