26-04-2025
- Business
- Business Journals
Major Rock at La Cantera project a go after long delay, UT Health key tenant
Construction of the 135,000-square-foot project has been pushed back roughly a year.
Plans for a major multistory medical development at The Rock at La Cantera, first revealed well over a year ago, have advanced.
The project will span 135,000 square feet and include a three-story building housing medical and research spaces, as well as an adjoining multilevel parking structure.
According to a new filing with the state, work on the approximately $17 million development is slated to begin in early July and be completed by summer 2026.
I first reported in January 2024 that UT Health San Antonio planned to occupy approximately a third of the structure's 60,000 square feet, and construction was initially scheduled to begin in the first half of 2024.
UT Health San Antonio has confirmed it still plans to lease approximately 20,000 square feet in the building and that its specific research activity plans for the space are not yet finalized. UT Health San Antonio anticipates moving into the building in 2027, pending project completion.
The San Antonio Spurs broke ground on the 45-acre Rock at La Cantera development, a planned $500 million mixed-use campus, in late 2021. The medical building, which will serve as another key anchor for the larger development, is slated for a site adjacent to the Spurs' Victory Capital Performance Center.
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Lincoln Property Co., which is leading the medical building development, had not yet confirmed updated project details, including a new construction timeline, as of press time.
Spurs Sports & Entertainment noted the construction timeline in the new state filing was accurate based on the latest updates.
Much has happened on UT Health's main campus since plans for The Rock at La Cantera project were first revealed.
In March 2024, Dr. William Henrich, the longtime president of UT Health San Antonio, passed away. Roughly five months later, the University of Texas System Board of Regents cleared a path for UTSA and UT Health San Antonio to merge.
Spurs Sports & Entertainment CEO R.C. Buford indicated from the outset that the project could have a significant impact on the region.
'The opportunities for research, learning and innovation within this building are endless and having a world-renowned academic medical center like UT Health San Antonio as its anchor sets a standard of excellence for all other tenants to follow,' he said.