Baptist Health Buys 18 Acres In Miami-Dade

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Baptist Health South Florida is set for an expansion after purchasing land next to West Kendall Baptist Hospital for $17.92 million.

The deal is part of the 70-acre West Kendall Town Center project, which was recently approved by Miami-Dade County officials.

Miami-based KTC SW 88 St LLC sold 17.9 acres on the east side of the hospital to the nonprofit health care provider. NAI Miami brokered the deal, as several of its executives are also co-owners of the seller.

The county recently approved the “health and wellness district” of Kendall Town Center that Baptist Health acquired for 215,000 square feet of medical offices, 70,000 square feet of education and 125 hotel rooms.

Located at the southwest corner of Southwest 88th Street and Southwest 158th Avenue, West Kendall Town Center was originally approved for a mostly commercial project, but the owners recently changed the plan to make it a mixed-use project. In addition to the health and wellness district, the site is approved for 576 apartments in the residential area, 491,000 square feet of commercial and another 224 apartments in the town center area, and eight outparcels along Kendall Drive.

Source: SFBJ

August 8, 2022/by ADMIN

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