Texas Medical Center to build joint hotel-apartment facility

Houston-based Texas Medical Center plans to build an Intercontinental-brand hotel and an apartment complex according to the Houston Business Journal.

The 21-story, 353-room hotel — called the Intercontinental Houston Medical Center — will utilize the same lobby as a Greystar apartment building being built next door called Latitude Medical Center. The two-in-one hotel and apartment are being developed by Medistar Corp. and TRC Capital Partners.

TexasMedicalCenter anticipates the hotel will house families of long-term patients and the apartment will house medical students and practitioners, according to the report.

Both projects are expected to be completed by the end of 2018.

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