Curative Talent, currently located off LBJ Freeway in Dallas with around 200 total employees, would not reveal the price associated with the deal, which was announced Monday.
The offices will be custom-designed by Dallas-based architecture firm Corgan and will feature amenities like folding glass walls and indoor basketball facilities. The unique design opportunities at Toyota Music Factory heavily influenced the company’s decision to move to Irving, Curative chief executive officer Jeff Bowling said.
“As soon as we discovered that the Curative Talent team could call Toyota Music Factory our home, we moved quickly to secure the last large available space in the project,” Bowling said.
The more than 500,000-square-foot Toyota Music Factory, developed by Ark Group, opened in 2018. It boasts an 8,000-person-capacity outdoor amphitheater, more than 20 restaurants and a movie theater. Ark Group announced an office-space expansion to the development in March 2020, increasing the number of offices by 50%.
Curative Talent uses data science to recruit and pair health care professionals with health care systems across the country. The company was acquired by professional medical network Doximity in June 2020, becoming the network’s staffing vertical.
Doximity, which went public in June, saw revenue of nearly $73 million in the three months ending June 30, according to SEC filings.
The need for health care professionals is growing by the day, especially in the wake of the COVID-19 pandemic that has left front-line health care employees overworked and exhausted. Health care employment is down more than 500,000 jobs since February 2020, according to data from the U.S. Bureau of Labor Statistics.
Bowling said many health care workers are turning away from more traditional work placements and toward gig-work options, making staffing companies like Curative indispensable.
“As more and more of the workforce goes to a gig-like mentality, we’ll be able to take advantage of that by helping physicians find the gig that works best for them,” Bowling said. “There’s a great shift in work-life balance, and people just want that on-demand work.”