Select Medical - Specialty Hospital - 3rd Floor Renovation - Rehab Unit in Plano, TX

The Lifecare Hospital of Plano project involves a $3,925,000 renovation of 14,000 square feet at 6800 Preston Road in Plano. The work transforms the third floor into an acute rehabilitation unit, a significant upgrade for the facility located in Collin County. The filing identifies the project as the Select Medical - Specialty Hospital - 3rd Floor Renovation - Rehab Unit.

Construction is scheduled to finish in March 2027, with work starting in November 2026. TDLR completed plan review in October 2026, and the status is recorded as Review Complete. The owner of record is Nant Real Estate Plano LLC, and the registered accessibility specialist is Casey Joe Anderson.

Scope of Renovation

The renovation includes 14 ARU patient beds, a pharmacy, an ADL room, and a physical therapy suite. Additional spaces include dialysis and respiratory therapy storage, administrative areas, and ARU support spaces. This specific scope indicates a comprehensive update to the clinical capabilities of the third floor.

At $280 per square foot, this project exceeds the county median of $78 per square foot for similar renovation filings in Collin County. The estimated cost of $3,925,000 is also above the median estimated cost of $220,000 for this type of work in the area. The scheduled build window of 123 days is longer than the county median of 92 days.

Local Context

The project is situated in ZIP code 75024, which has a population of about 45,051 according to U.S. Census ACS 2023 five-year estimates. The median household income in this area is $117,445, and the median owner-occupied home value is $566,200.

This privately funded project on private land for private use reflects a specific investment in healthcare infrastructure in Plano. The detailed scope and higher-than-median cost per square foot suggest a high level of finish and specialized equipment installation typical of acute rehabilitation environments.