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The healthcare property features 33 exam rooms, eight operating rooms, three endoscopy suites, 33 cancer treatment units, radiology services, a lab, onsite pharmacy, seven-story parking garage and a central energy plant.
The deal would generate $1.05 billion in rent over 99 years. RUDG would have two years to secure financing for the first phase, aiming to complete it by February 2030.
The Jacksonville-based health system plans to construct three new buildings as part of this expansion, which will be completed over the next four years.
The proposed ordinance will require a final vote from the county commission before it can be implemented.
It is the first phase of its new 37,000-square-foot building that will expand orthopedic and spine services.