Project: Central Austin Veterinary Specialty
Project Operating Partner: Pathway Vet Alliance
Location: Austin, Texas
Building Size: Approximately 12,000 Square Feet
Pathway Vet Alliance is a leading national veterinary management group with over 200 general and specialty practice locations across 33 states. Pathway Vet Alliance currently operates an emergency care and general veterinary practice located in Central Austin, Texas. The existing practice is thriving but space constrained. Additional space will allow Pathway Vet Alliance to expand the emergency care services and add several specialties, enhanced diagnostic capabilities, and advanced treatment options. Due to the lack of available land in central Austin, Meridian identified a well-located existing building that will be transformed into a veterinary specialty and emergency hospital near the location of Pathway’s existing general veterinary practice. Meridian acquired the 12,000 square foot building and began working with Fox Architects of Austin to begin programming Pathway’s flagship specialty hospital in their hometown of Austin.
The project will be completed in 2020 and include nine exam rooms, three surgery suites, CT, X-Ray, and an MRI along with oncology, neurology, and orthopedic treatments. Meridian acquired the building, provided design oversight and construction management. Meridian also provided further equity and financing to fund the renovation and construction costs of the project; Pathway Vet Alliance will be the tenant under a long-term lease with renewal options. Construction will commence in Q4 2019, and the building will be completed in Q4 2020.