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An investor is continuing his South Florida office shopping spree, scooping up a West Palm Beach property for $7 million.

Allen Chelminsky, through his affiliate Palm Beach Lakes Corporate Center, bought two office buildings at 2001 and 2007 Palm Beach Lakes Boulevard from Ganzer Brothers, a company managed by Glen Ganzer, a deed shows. Chelminsky took out a $5.6 million mortgage from Ganzer Brothers.

The purchase includes a one-story, 10,206-square-foot medical office building; and a five-story, 39,442-square-foot office building that also allows for medical offices, according to property records. The buildings were built in 1973 and 1974.

Ganzer Brothers bought the buildings in 2001 for $4.4 million from 2001 Partners, an affiliate of Royal Landscaping in Boynton Beach, a deed shows.

Chelminsky’s latest purchase follows his acquisition in October of the two-tower office complex Concept II in Lake Worth Beach for $10.9 million. In July 2019, Chelminsky bought another pair of office buildings at 7100 West Commercial Boulevard and 7200 West Commercial Boulevard in Lauderhill for $5 million.

The investor is focusing on medical offices, as both buildings he bought in 2019 are medical offices, and a healthcare services firm occupies the property he bought last year.

In Chelminsky’s most recent acquisition, the smaller one-story building is occupied by an MD Now Urgent Care.

 

Source:  The Real Deal

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An affiliate of Aventura-based Royal Senior Care is building a senior living facility in southern Miami-Dade County thanks to a $41.86 million construction loan.

Bank Hapoalim provided the mortgage to RSC Coral Reef Propco LLC, an affiliate of Royal Senior Care, for the project at 15005, 15055 and 15060 S.W. 97th Ave. It will be part of the Coral Reef Wellness Center near Jackson South Medical Center.

The three buildings will have a combined 229 congregate living units, including for assisted living, memory care and independent living. They will total about 212,000 square feet and include two pools.

 

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Jupiter Medical Center has a major expansion in the works, with a new surgical center to replace a skilled nursing building.

JMC is one of the few stand-alone hospitals left in South Florida, and it’s aiming to enhance its facilities to keep pace with competition.

The skilled nursing building on the southwest corner of the JMC campus would be demolished, and a two-story, 80,470-square-foot surgical center would be built in its place. It would include 18 operating rooms.

In addition, JMC is looking to expand its emergency department by 2,500 square feet, create eight rapid treatment stations, and construct a 6,200-square-foot addition to its central energy plant.

Patti Patrick, VP and chief strategy and growth officer at JMC, said the new Surgical Institute would be the biggest capital project in the hospital’s history and create more than 100 jobs.

 

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A company controlled by the CEO of Boca Raton-based marketing and digital advertising company Worldata wants to rezone a property west of Delray Beach to build a medical office building.

Birchwood Group LLC, managed by Jay Schwedelson in Boca Raton, filed a text amendment application with Palm Beach County officials for the 3.61-acre site at 15445 S. State Road 7. The vacant parcel is located a few blocks south of Atlantic Avenue in the Agricultural Reserve, a mostly agricultural area that has been transitioning to residential and some commercial development.

The application seeks changes to the area’s land use that would permit 31,625 square feet of medical and dental offices on the site. The application says this would generate 985 vehicle trips.

 

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Gloria Drummond Patient Tower-Boca Raton Regional Hospital

Boca Raton Regional Hospital, part of Baptist Health South Florida, filed plans for a new patient tower.

The nonprofit hospital first unveiled plans for the Gloria Drummond Patient Tower in early 2019, when it announced the start of a $250 million capital campaign. The original plans called for 180,000 square feet in seven stories, but the building in the new application is significantly larger.

Under the proposed site plan, the Gloria Drummond Patient Tower at 800 Meadows Road would total 437,394 square feet in nine stories. It would include private patient rooms, surgical suites, space for staff, and space for graduate medical education.

BRRH also has a pending plan to build a medical office building on its campus.

 

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Orange Park Medical Center announced March 9 that two floors of its 101,435-square-foot, five-story patient tower are open at its campus on Kingsley Avenue.

The fourth and fifth floors have 48 beds for medical and surgical patients, a news release said. The second and third floors are designed as shell space for expansion.

The patient tower brings the hospital’s bed count to 365.

The floors are part of a $126 million project that includes an electrophysiology lab, dining room, kitchen, medical office building and neonatal intensive care unit expansion.

The first floor of the patient tower, which includes outpatient testing, imaging, patient registration and shell space, opened in May. The cafeteria and kitchen opened in July.

OPMC will hire 100 people to staff the patient tower.

Charles Perry Partners Inc. was the general contractor. TMPartners, PLLC was the architect.

“Like many in our area we’re feeling the effects of the growth happening in Clay County,” Lisa Valentine, CEO at Orange Park Medical Center, said in the release. 

“With this growth comes the need to expand our team, our facility and our services to continue to rise to the needs of our community.”

The rooms are equipped with MyCare digital medical charting boards and a nurse call system, Apple TVs and high-speed internet. Doctors also can use the Apple TV to review lab results or images with patients.

 

Source:  Jacksonville Daily Record

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A 354-unit multifamily complex and an adjacent medical building could rise on a 14.5-acre property in Kendall that is now a strawberry farm.

Baptist Hospital of Miami, part of Baptist Health of South Florida, last week submitted an application to Miami-Dade County for the project on the hospital-owned site at 9501 Southwest 137th Avenue. The application shows Baptist would develop the medical facility and The Altman Companies would build the apartments.

Baptist is seeking rezoning and a special exception to allow residential development. The county’s development impact committee will review the proposal, and the Miami-Dade County Zoning Board is to vote on it at an unspecified date.

Boca Raton-based Altman, led by Joel Altman and Seth Wise, is listed as under contract for a portion of the site, but no further details were provided. An Altman spokesperson declined comment.

A site plan shows the medical office would take up a small area on the north end of the property, and six mid-rise apartment buildings would be built on the remainder of the land. The residential development would include a lake, clubhouse and walking trails.

Baptist’s letter of intent lists 14 possibilities for the medical offices, including for endoscopy, oncology and cardiac services. It also could be a medical laboratory, administrative offices or a pharmacy.

The site is a six-mile drive from the main Baptist Hospital campus at 8800 North Kendall Drive and just west of the long-closed Calusa Country Club golf course and Calusa Club Estates residential community. Homebuilder GL Homes and Facundo Bacardi plan to redevelop the 169-acre course with 550 homes. GL Homes last month bought the course from Bacardi for $32 million.

Some Calusa Club Estates homeowners have opposed the golf course redevelopment, saying they purchased their homes with the promise that the course will remain. Homeowner Amanda Prieto, who opposes the golf course project, said the multifamily/office building proposal makes more sense because it would be along a major road. Access to the Altman apartment complex would be only at Southwest 137th Avenue and not at 96th Avenue, which leads to Calusa.

 

Source:  The Real Deal

 

Former University Mall Site Tampa

Real estate executive Chris Bowen knows what the former University Mall site in Tampa isn’t going to be when the massive transformation of the property is complete. It won’t be a mall, for sure. It won’t even be a lifestyle center, following a path several developers have taken to reimagine the traditional enclosed shopping center.

What’s unusual, admits Bowen, a veteran commercial real estate developer and executive, is that three years into the project he’s not really sure what it will be when it’s completed.

“The focus being not retail, not lifestyle, this is a shift to an urban innovation community model,” Bowen says. “Our anchors are scientists, engineers and corporate professionals — not department stores. This is almost 180 degrees from a mall.”

New York City-based RD Management, where Bowen is now chief development strategist, bought the ailing 100-acre retail complex in 2014. Including acquisition, rezoning, master planning and demolition, RD has invested some $50 million into the property, with the ultimate goal of creating a hub of innovation-focused tenants, mostly in research, technology and medicine. An additional $65 million is going toward a student housing complex on the site currently under construction.

“This is organic,” Bowen says. “We are not trying to put something together in a very specific purpose like a mall.”

The project, which qualified as a federally designated opportunity zone investment, has made some significant progress over the past six months, leading to what Bowen and other company officials hope will be a strong 2021. Significantly, in July the company announced a name for the project: Rithm At Uptown. The moniker, company officials say, is derived from the word algorithm and is an acronym for research, innovation, technology, humanity and medicine.

Those pillars will be the company’s North Star for tenant and other decisions. At completion, Rithm At Uptown will be one of the largest, mixed-use innovation communities statewide, with capacity for more than 7 million square feet of development, including several thousand residential units, RD officials say. Plans also call for recreational opportunities and entertainment; hospitality; education; medical specialties, clinics and pavilions; and corporate offices and co-working spaces. Architects for the project are New York City-based S9Architecture and Gresham Smith of Tampa.

One early tenant Bowen cites an example of what he wants at Rithm is Diamond View Studios, a video production company with an extended reality screen that can replicate scenes worldwide. Another example is the Institute of Applied Engineering, a nonprofit government contracting entity that works in cybersecurity, data analytics and energy infrastructure. The institute, which recently won several multimillion-dollar contracts, is a direct service organization under the University of South Florida, so it can also use the school’s property, facilities and personnel. Moving into a 4,000-square-foot space down the corridor from the cinema, in an area called Rithm Labs, the institute, Bowen says, is a big get for Rithm At Uptown.

“It’s a leap of faith for them, and it’s a leap of faith for us,” he says.

The former J.C. Penney store represents another significant step for Rithm. That’s where work recently began on a three-story, mixed-use building that will include about 133,000 square feet of office space supported by 30,000 square feet of restaurant and retail space. The building will be designed with several outdoor terraces on all floors, providing opportunities for various outdoor gatherings. The street-level retail space, primarily food and beverage related, is expected to open by the end of 2021. Space in the office building, including the rooftop club and conference center, is projected to be ready for occupancy in the second quarter of 2022.

For other tenants and parcels, Bowen, in addition to Rithm’s pillars, says he will be guided by being in the middle of the Tampa Uptown District. With frontage on East Fowler Avenue and Club Drive, that means Rithm is near both USF and several prominent medical complexes, including Moffitt Center, Advent Health and Shriner’s Hospital for Children. Bowen talks often about the location as a selling point, in interviews and when speaking to community groups about Rithm.

“The Tampa Uptown District as a whole is in the midst of a renaissance and our Rithm At Uptown development is at the center of it all,” he says.

Bowen says his three years at the helm of Rithm have taught him a valuable business lesson after a career spent mostly putting together health care complexes and projects. In that work, the target tenant for the best return is strictly defined. That’s the opposite of what he’s going after at Rithm, in trying to build something that isn’t a mall. The lesson? Maintain a strong sense of curiosity.

“I don’t know a lot about some of these ideas coming in,” he says. “But I try to use that to my benefit, so I can stay open-minded to new ideas and new directions I’ve never heard of.”

 

Source:  Business Observer

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Bethesda Heart Hospital’s new advanced hybrid endovascular suite features state-of-the-art technology that will benefit patients with speedier, more precise care when facing complex cardiac and vascular conditions.
Bethesda Heart Hospital, located on the campus of Bethesda Hospital East, a part of Baptist Health South Florida, is now the first in Palm Beach County — and one of few in the nation — to feature the highly sophisticated Azurion with FlexArm imaging system by Philips. The suite also includes the first commercial release of Philips Xper3 information management system for physio-monitoring, reporting, inventory and data management.
“Delivering truly outstanding care requires our clinical teams to be at the forefront of the latest developments in medicine,” says Nelson Lazo, CEO of Bethesda Hospital East and Bethesda Hospital West. “Access to quality imaging solutions is key to getting faster diagnosis and treatment, which will enable us to enhance care.”
Azurion with FlexArm represents a significant advancement because it allows unprecedented image quality from a wide variety of angles, using a pivoting C-arm and gantry suspended from the ceiling. The FlexArm rotates on no less than eight axes to create virtually unlimited imaging options from head to toe for both two- and three-dimensional visualizations. That flexibility frees up medical teams to choose the best working position without the need to reposition the patient or adjust the operating table, important safety and time considerations.
The system was designed following three years of research at Baptist Health’s Miami Cardiac & Vascular Institute.
“With FlexArm, Philips’ engineers have overcome near-impossible geometric and mechanical barriers,” said Barry T. Katzen, M.D., founder and chief medical executive of the Institute, where the first FlexArm in North America was installed. “We can get the optimal view of what’s going on inside the patient without encumbering all of the clinicians that are working around the table.”
Image-guided therapy, in which treatment is performed through a small incision and guided by imaging technology, is increasingly replacing open surgery for the treatment of many diseases. Patients experience less trauma and, as a result, their hospital stay can be dramatically reduced. They often return home after one night in the hospital, and may even leave the hospital on the same day.
Correspondingly, the procedures are also becoming more complex, requiring more physicians from different disciplines to be at the patient’s tableside, working together in a highly coordinated way. Clinicians need to be able to quickly and easily visualize critical anatomy and identify changes to the patient during procedures.
The new suite can seamlessly accommodate both minimally invasive procedures and traditional open surgery, allowing clinicians to pivot in their surgical planning when necessary.
The new advanced endovascular suite will be used for more complex procedures such as transcatheter aortic valve replacements (TAVR), mitral valve clip repairs, left atrial appendage occlusion surgeries and thoracic aneurysm repairs. “We have a great staff of medical experts including Dr. George Daniel, interventional cardiologist, and Dr. Geoffrey Lynn, cardiothoracic surgeon, who are very eager to care for patients using this latest technology,” said Jane Kiah, assistant vice president, Bethesda Hospital East. “Our goal is always to provide the highest quality care and have the most successful outcomes possible.”
“It’s a major addition that expands our capacity to serve the needs of this community,” added George Daniel, M.D. “This new room is built to carry us into the future. It is designed with the flexibility to accommodate new equipment and technology as new procedures are developed.”
The new suite was made possible through philanthropic support from the Bethesda Hospital Foundation, which embraced the vision for new technology.
“Our Foundation worked very hard for several years to secure support for this suite, and the community is very excited to see it come to fruition,” added Barbara James, executive director of Bethesda Hospital Foundation.
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AdventHealth on Tuesday broke ground on a new state-of-the-art building that will serve as Florida headquarters for Rothman Orthopaedic Institute.

At 12 stories and 300,000 square feet, the building will be a major addition to the Orlando skyline, located next to Interstate 4 just north of the Princeton Street exit in the Health Village.

“Our community is growing, and we are seeing an increasing need for specialized care,” said Dr. Duane Davis, chief physician executive of the institutes for AdventHealth’s Central Florida Division. “This building will allow us to expand our services, bringing world-class clinicians together in a single, convenient location.”

In addition, the tower will include space for other AdventHealth services including neuroscience, imaging, rehabilitation, and research, offering comprehensive outpatient care, all in one convenient location.

“This project will have a big economic impact, both in construction jobs and in bringing more high-paying medical jobs to downtown Orlando,” said Orlando Mayor Buddy Dyer.

The tower is slated to open in late 2022.

 

Source:  Fox35 Orlando