Jerome Karam Attorney to Invest in 20 Acres of Land
Posted in the Charleston Forum
Since: Oct 13
#1 Oct 29, 2013
Jerome Karam, a Personal Injury and Business Litigation lawyer practicing out of Friendswood, Texas, has announced he will invest 20 acres of land towards the construction of a new acute care hospital in Alvin, Texas. The hospital, which is being developed by integrated multi-specialty health care provider University General Health System (UGH), will reside on the east side of Highway 35 north of FM 528 – an approximately 30 minute drive from UGH’s flagship hospital.
In addition to the 20 centrally located acres provided by Palicio Gate and owned by Karam, the campus will also offer an additional 50 lots. These lots will be primarily used for retail and office space and will be marketed immediately with 11 lots fronting Hwy 35 according to Karam, the owner of the land.
The hospital is expected to be developed in three phases, with the first stage consisting of a small emergency room, imaging center and hospital. Subsequent phases will add operating rooms, an ICU ward and possibly more beds, market conditions pending.
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