Parkland would pay $1.1 million for a Gregg Street lot, part of a land assembly near its main campus that could reach 3.19 acres

Parkland Health is lining up another piece of land next to its main campus, and Dallas County commissioners are scheduled to vote Tuesday, Oct. 20, on the purchase.

The contract covers 5431 Gregg St., about 11,000 square feet of land with a roughly 4,991-square-foot building that a tenant now occupies. The price is $1.1 million, according to a briefing from the county budget office posted with the Commissioners Court agenda. State law requires the hospital district to bring land deals and leases to the court for approval, the briefing says.

Piece by piece

Parkland's own board briefing calls the lot "an unusual opportunity" to buy property near the main campus.

It sits next to two sites Parkland bought recently, 5415 Gregg St., listed as King Lawn Sprinkler, and a former car wash site at 2339 Butler St. It also adjoins 5423 and 5427 Gregg St., which Parkland has under contract with a closing that was scheduled for Oct. 13.

The briefing says Parkland expects to have 2411 and 2415 Gregg St. under contract soon as well. If every deal closes, the hospital district could own about 3.19 acres, or 139,282 square feet, around the intersection of Gregg and Butler streets.

Neither document says what Parkland plans to build or do with the assembled land.

Checks before closing

The contract gives Parkland a 120-day inspection period. During that time the hospital district plans to pay outside firms for a land survey, an appraisal and a Phase I environmental site assessment, with costs estimated at $11,000 including a $2,500 contingency.

The county budget office wrote that recent sales and comparable data show the price is fair and reasonable, and that an appraisal will be finished before the inspection period ends to confirm the value. The office recommends approval.

The item is one of about 50 court orders on the agenda. The court meets at 9 a.m. in the Commissioners Court Room at 500 Elm St. in downtown Dallas.

Sources

dallascounty.civicweb.net

dallascounty.civicweb.net