A Medical Complex Is Coming To Miami Worldcenter

Center for Health Performance

A $60 million medical center is planned for Miami Worldcenter, the mixed-use downtown development.

The 100,000-square-foot Center for Health + Performance, or CH+P, will sit on the ground floor of the Legacy Hotel & Residences, according to a release from the tower’s development firm, Royal Palm Companies.

A medical center was planned long before the pandemic, Dan Kodsi, CEO of RPC, said in a statement. But the pandemic is leading to some changes.

The development team is expanding the center’s air purification system and anti-microbial and chemical-resistant surfaces. Think voice-activated elevators, touchless room key access, UV-sterilization wands and robots for common areas — through the building.

Construction will begin on the tower at 942 NE First Ave. in the fall. The tower will have 274 condo units and 256 hotel rooms.

“While it’s been over a year in the making, COVID-19 was the driving force in enhancing some of our features that would allow the hotel to continue operating during any future pandemics,” Kodsi said in an email.

The center will have surgery rooms, capabilities for MRI, CT, mammography, X-Ray, ultrasound scans, on-site pharmacy, on-site laboratory for test results, and on-call doctors, nurses and nutritionists. The healthcare organization that will run the center has not been decided.

“One of the many impacts of COVID-19 will be a more informed and hyper-cautious traveler that will be looking for hotels and vacation homes that prioritizes their health and safety without sacrificing that luxury lifestyle they are accustomed to,” said Stephen Watson, head of medical and wellness projects for RPC.

The Miami Worldcenter is a 27-acre, $5 billion development that broke ground in 2018 with the construction of Paramount Worldcenter. The project includes hotels, condominiums and retail spaces.

 

Source:  Miami Herald

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Baptist Health Proposes Medical Office Building At Boca Hospital

Baptist Hospital-MOB

Baptist Health South Florida wants to construct a medical office building next to Boca Raton Regional Hospital.

The Miami-based nonprofit merged with BRRH in 2019. The Boca Raton nonprofit already launched a $250 million fundraising campaign to build a patient tower and a 972-space parking garage on its main campus.

The new application, which BRRH recently filed with the city, pertains to the 2.9-acre site at 745 Meadows Road. Located next to the hospital, the property currently has three office buildings for a combined 32,453 square feet. They were built in the early 1970s and would be demolished to make way for a larger office building and a parking garage.

 

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Cancer Center Breaks Ground On New $400M Facility

Moffitt Cancer Center in Tampa

Moffitt Cancer Center in Tampa has broken ground on a new $400 million, 10-story, 498,000-square-foot inpatient surgical hospital at its McKinley Drive campus.

According to a news release, the center estimates that, over the next 10 years, its patient volumes will rise by 65% and cancer surgeries will increase by 33%. The new facility, with 128 inpatient beds and the capacity to expand to 400, will help meet that rapidly growing demand. It will also feature 19 operating rooms, 72 perioperative rooms, three MRI scanners, three CT scanners and two nuclear cameras.

“This new facility will expand our capacity for inpatient hospital care and will modernize our ability to treat and cure cancer,” Moffitt President and COO Jack Kolosky states in the release. “This hospital will increase the power and speed with which Moffitt can translate our discoveries to the benefit of all people. It will blend the most advanced medical and surgical technologies with a patient-centered approach that brings us closer to achieving our vision — to transform cancer care through service, science and partnership.”

The project will also include the construction of a 26,000-square-foot central utility plant of approximately and a three-story parking garage, the release states. It is expected to generate $298 million in construction value within the local economy and employ some 5,500 workers.

“This new hospital will be a place for firsts,” Kolosky states in the release. “New discoveries will be made here. New procedures will be performed. Through this state-of-the-art facility, we will revolutionize the way patient care is delivered at Moffitt.”

Construction is set to begin next month, with a target opening date of July 2023.

 

Source:  Business Observer

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Ascension Decides Against World Commerce Center Development In Jacksonville

ascension's former jacksonville site

Health care giant Ascension remains committed to building a $115 million hospital in Northern St. Johns County, but it has backed away from a site within the World Commerce Center masterplanned community that it had initially planned on, an Ascension spokesperson said by email.

“Our plans to build a hospital in northern St. Johns County continue as scheduled and we are still assessing multiple location options,” said spokesperson Kyle Sieg.

A representative of Steinemann & Company, which is developing World Commerce Center along I-95, said Ascension had signed a letter of intent to develop its hospital in the masterplanned community, but that agreement has been terminated. The site is still available for hospital use, the representative said.

David Meyer, chief strategy officer of Ascension Florida and Gulf Coast, previously told the Business Journal that St. Johns County’s fast-growing population and low per capita health care capacity made it it ripe for hospital construction.

Myer said the 60-bed St. Johns hospital will be modeled after the hospital Ascension built in Clay County six years ago. That facility opened as a 64-bed facility in 2014, expanded to 106 in 2016, then added another 30 beds in 2018.

Northern St. Johns County has attracted significant interest from health care companies in recent years. Flagler Health+ and UF Health are partnering on a $150 million campus, and Baptist Health has purchased a 35-acre site for its own campus.

However, Covid-19’s temporary prohibition against elective procedures, increased demand for medical supplies and drop in patient visits has hit health care systems revenues hard, causing many to pause construction plans. Ascension, which employs about 5,300 in Jacksonville, saw a net loss of more than $2 billion in the first quarter, but it has been buoyed by a $700 million line of credit, a $300 million bond and $2 billion in stimulus funds.

The company is underway on $800 million in construction across its 20-state footprint. In Jacksonville, it is underway on two emergency departments, finalizing construction of a $55 million Riverside facility and conducting a $23 million renovation of its Southside facility.

 

Source:  JBJ

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New Joint Venture To Ramp Up Investment In Growing Real Estate Segment

deal

An Orlando real estate services and investment firm has entered a new partnership to ramp up its presence in senior residential properties that specialize in health care.

Foundry Commercial and Springfield, Missouri-based Foster Senior Living LLC created a joint venture called FSL Senior Living Ventures LLC. The partnership came out of 15 years of working with Foster Senior Living and a desire to step into a growing segment of real estate, Kevin Maddron, health care principal for Foundry Commercial, told Orlando Business Journal.

Foster Senior Living will manage the day-to-day operations of the joint venture’s communities out of its offices and Foundry will provide capital and transaction knowledge from Orlando. Community types the venture will target include assisted living, memory care and skilled nursing.

 

Source:  OBJ

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