STRATEGIC PRIORITY: Economic and Neighborhood Vitality
AGENDA DATE: November 10, 2021
COUNCIL DISTRICT(S):|910|DEPARTMENT: Office of Economic Development
EXECUTIVE: Dr. Eric A. Johnson
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SUBJECT
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Authorize City nomination of Village Practice Management Company, LLC ("VillageMD") proposed project, with 10152 Lake June Road as the main qualified site, to receive designation as an Enterprise Zone Project under the Texas Enterprise Zone Act, as amended (Texas Government Code, Chapter 2303) to the Office of the Governor, Economic Development and Tourism division, through the Economic Development Bank - Financing: No cost consideration to the City
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BACKGROUND
Founded in 2013, Chicago-headquartered VillageMD is a for-profit primary care medical clinic system that collaborates with primary care physicians, physician groups, independent practice associations, and area healthcare systems to deliver a quick and convenient healthcare patient experience at a lower cost in the communities they serve. VillageMD facilities include free-standing clinics, Village Medical at Walgreens co-located clinics, as well as extended access via primary care in the home and virtual visits.
VillageMD has selected three initial City of Dallas clinic sites that are within existing Walgreens stores at the following locations: 10152 Lake June Road, 5001 Ross Avenue, and 2401 W. Ledbetter Drive. An additional 14 sites for VillageMD clinics have been identified to create a potential future network of 17 primary care delivery facilities in underserved areas of Dallas by the end of 2024. Overall, a network of 29 VillageMD clinics are anticipated within Dallas, Tarrant and Collin Counties.
The proposed clinics will each have the following characteristics: 17 health professionals (physicians, advanced practice providers, medical assistants and support administrators) with approximately $100,000.00 in average compensa...
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