UPDATED: Monday, October 15, 2012 - 4:16pm
COLLEGE STATION -- The city of College Station is constantly expanding and there's no signs of it slowing down anytime soon.
"Whether it's from commuters or new businesses coming to College Station," said developer, James Murr.
Now the city is looking to capitalize off their growth in the hospital field with the College Station Med and Scott and White Hospital by creating a medical district.
"It's really an opportunity for economic growth in an area where we're already seeing a lot of high end development," said Jennifer Prochazka, College Station's principal planner.
The $58 million proposal is situated off Highway Six and Rock Prairie Road and Prochazka says it'll be an area unlike any other in College Station.
"There will be places to shop, places to eat and of course places to receive medical services but there will also be places to live, work and recreate."
Once developed, the medical district would not only create thousands of new well paying jobs but also bring in an estimated $400 million in economic development.
"It's certainly an opportunity to diversify our economy," said Prochazka.
And James Murr, a developer, who owns around 231 acres of land in the proposed medical district site says he's excited about the future potential.
"Besides the economic and monetary benefit to the city, the quality of life is going to increase significantly."
If approved by city council, the next step would be to improve infrastructure like roads and sewage to accommodate the future growth but it will be about five years until any major development begins.