Hospital where JFK died struggles to be redeveloped
Parkland Hospital in Dallas saw its most famous patient on Nov. 22, 1963, when President John F. Kennedy was rushed into its emergency room and pronounced dead from gunshot wounds. Now, that same hospital campus is on the market, but it can’t seem to get past development problems.
Less than a month ago, a developer had been given the OK to buy the 38-acre campus to convert the old buildings into housing, offices and retail space. A key deadline to secure financing for the transaction has been missed, and now Parkland is putting the campus back up for sale.
"Parkland has been notified that Dreien Opportunities LLC, who had entered into an $83.3 million deal to purchase the former Parkland Memorial Hospital campus, was not able to complete and close the necessary financing within the time frame required under the purchase agreement," Parkland senior vice president Michael Malaise said in a statement to the Dallas Morning News.
Parkland is still serving Dallas residents just across the street in a $1.3 billion hospital which opened in 2016. The old Parkland has sat vacant ever since.
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