Irvine Team Inks Deal to Acquire Century Development’s Healthcare Project Management Assignments
August 18, 2006
Source: Irvine Team
HOUSTON, August 18, 2006 – Houston-based Irvine Team today announced its acquisition of Century Development’s healthcare project management assignments, including the Memorial Hermann Heart and Vascular Institute under construction in the Texas Medical Center.
Irvine Team is now spearheading the design and construction of this fully digital state-of-the-art catheterization facility, representing a revolutionary project amid the world’s largest concentration of research and healthcare institutions. Slated for summer 2008 completion, the project encompasses 165,000 square feet of eight above-ground levels, two below-ground parking levels, a valet parking surface expansion, an extension of an existing sky bridge and the development of a new sky bridge. Designed as a digital facility to produce quality patient outcomes, the Memorial Hermann Heart and Vascular Institute will encompass cutting-edge catheterization labs, diagnostic facilities, a dedicated pharmacy and advanced imaging modalities on patient floors.
Irvine Team brings to these acquired projects extensive design and construction strategy experience in the healthcare sector. Among the company’s extensive project portfolio, Irvine Team managed the design and construction of Memorial Hermann’s Memorial City Heart & Vascular Institute, completed in fall 2005. The first-of-its-kind facility and the world’s first freestanding heart institute, Irvine Team completed the top three levels of the original structure to encompass state-of-the-art patient and treatment floors, including a digital hospital with cutting-edge catheterization labs, diagnostic facilities, patient rooms, ICU/IMCU patient beds and treatment rooms for advanced cardiac catheterization, electrophysiology and cardiac MRI technology.
As part of the deal inked by Irvine Team, the Company has also acquired Century Development’s project management staff involved with the construction of the Memorial Hermann Heart and Vascular Institute in the Texas Medical Center.