The University of Texas System Board of Regents Chairman Kevin P. Eltife announced plans to accelerate and expand UT Austin’s medical district into a world-class academic medical center for education, research and patient care. Initial plans call for two new hospital towers — The University of Texas MD Anderson Cancer Center and a UT Austin hospital.
MD Anderson will expand its Houston footprint to Austin by building and operating a new, comprehensive cancer center, while UT Austin will build and operate its new specialty hospital.
The total investment for the projects is estimated at $2.5 billion. Once approved, the hospitals will be built on the site of UT Austin’s Erwin Center. The former Longhorns basketball arena will be demolished by fall 2024, and it is anticipated that groundbreaking for the hospitals should begin in 2026.
Source: news.utexas.edu