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Florida’s healthcare real estate market is on a remarkable growth trajectory—and it shows no signs of slowing down. With over 300,000 new residents moving to the state in 2024 alone, demand for medical facilities is soaring, particularly in thriving metros like Tampa and Orlando.
With over 625 life science companies and nearly 6,000 health care businesses, the sector employs more than 100,000 professionals.
It is the fourth Baptist Health facility in the area, following the 2021 opening of Baptist Health Hospital Doral.
This investment includes building a new hospital at a yet-to-be-revealed location, opening free-standing emergency departments in the northern, central, and southern parts of the county, and establishing new physician offices.
Royal Senior Care and MG3 developed the 220-bed facility in 2017.