New Directions Health Systems, LLC and Whitetail Land Development, LLP Partner to Build Timbercrest Medical Park Facilities

CLEVELAND, Texas — New Directions Health Systems, LLC, the new management team of Cleveland Regional Medical Center, recently partnered with Whitetail Land Development, LLP to build brand-new medical facilities in Cleveland’s Timbercrest Medical Park.

Whitetail Land Development’s 600-acre project will include brand-new medical office buildings, a state-of-the-art hospital and a multi-use senior and assisted living facility. All facilities will be built in the Timbercrest Medical Park, located at the intersection of State Highway 105 and the eastern bypass. Whitetail Land Development, LLP has committed to giving 15 acres of land needed for the hospital portion of the development to Cleveland Regional Medical Center as a gift.

Whitetail Land Development, LLP will begin construction on the first phase of the new medical office buildings in the summer of 2012. Cleveland Regional Medical Center plans to lease office space in several of the new buildings totaling approximately 40,000-square-feet. Construction of the hospital will start sometime after 2016.

“As the owners of the largest planned mixed-use development in the Cleveland area, we are looking forward to partnering with Cleveland Regional Medical Center and New Directions,” said Mike Duncum, project manager of Whitetail Land Development, LLP. “Our goal is to create a modern and convenient medical complex that will serve the needs of the people of Cleveland. I look forward to helping lead this groundbreaking project.”

About New Directions Health Systems, LLC:

Founded in 2009, New Directions Health Systems, LLC seeks to own and operate hospitals in small towns across America. Based in Louisville, Ky., the organization is dedicated to serving rural communities by offering affordable healthcare.  For more information, visit http://ndhealthsystems.com.

About Cleveland Regional Medical Center:

Cleveland Regional Medical Center is a 107-bed medical-surgical acute care facility located in Cleveland, Texas. The hospital employs over 270 people, including 57 active physicians and offers a full spectrum of medical and diagnostic services.

About Whitetail Land Development, LLP:

Whitetail Land Development, LLP is the owner of 615 acres of land located within the city of Cleveland, Texas on State Highways 105/321. The partnership consists of members with more than 25 years of experience in real estate investment and development. For more information, visit http://timbercresttx.com/about/whitetail.html.