- Funding Needed
- $90 (Mio)
- EB5 Funding
- $45 (Mio)
- EB-5 Investors
- 90
- Investment Amount
- $500,000
- Job Creation per Investor
- 16.2
- Job Creation (Total)
- 1454
- Category
- Healthcare and Social Assistance
- Sub-Category
- General Medical and Surgical Hospitals
- State
- Texas
- Location
- 2901 U.S. Highway 281 in Pharr, Texas
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- Last Update: February 04, 2015 01:01 PM
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Vantage Medical Center
Project Description
Ameri-Link Capital, LLC is seeking 90 investors and will involve the investment through a loan for the construction of the Vantage Medical Center complex, which will include construction of the Hospital Building and the Physician’s Office Building, as well as costs for capital goods and industry equipment.
The Vantage Medical Center is a proposed 90-bed acute care hospital facility in the rapidly expanding South Texas Rio Grande Valley region of Texas. The Vantage Medical Center proposes to serve an underserved and yet densely populated area of Texas, and target a geographic population that hosts a high demand for new healthcare services, which includes residents both in Texas, and in the surrounding bordering regions of Mexico. This area continues to be the fastest growing area in Texas for the last three years. Market study evaluating the need, absorption, patient utilization and physician participation was verified through two independent market studies and financial analysis.
The Vantage Medical Center will be owned by a division of the City of Pharr (in Hidalgo County) through a Public Facilities Corporation. In addition, the Hospital will be operated by a group of highly experienced and successful hospital administrators.
Vantage Medical Center: Map
2901 U.S. Highway 281 in Pharr, Texas
Project Location Description
The proposed Vantage Medical Center site is located at 2901 U.S. Highway 281 in Pharr, Texas. Although at 22 acres the proposed site is relatively small for a greenfield hospital, there are plans to develop an additional adjacent 25 acre site, which would provide room for the future expansion of the Hospital District.
Currently no definitive data can be found that illustrates that a public acute care hospital and medical center is being offered by any other regional center at this time. This fact is particularly relevant when coupled with the fact that the demand for healthcare is growing strongly across the country, including in and around the city of Pharr where the local population has been growing at a very high rate.
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