Broward Health Buys Vacant Land For $14.5M

Broward Health is poised to expand after purchasing vacant land in Parkland for $14.5 million.

Lucky Land Star Holdings, managed by Agustin Herran in Miami, sold seven acres at the southwest corner of University Drive and Trails End to the North Broward Hospital District, the public body that runs Broward Health.

Herran is part of the family that owns Sedano’s Supermarket. His company acquired the property in deals of $8.8 million in 2012 and $950,000 in 2017.

No development plans have been approved there, but Broward Health could look to build an outpatient center. It has a hospital in neighboring Coral Springs.

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