Orlando Medical Project Among Biggest Under Construction In U.S.

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An under-construction medical office building that is one of the biggest commercial developments in Central Florida is also, as it turns out, one of the largest projects of its type in the nation.

A new report from 42Floors, a subsidiary of Santa Barbara, California-based commercial real estate data firm Yardi Systems, ranks the 20 largest medical office buildings in the country that will be completed this year.

Weighing in at No. 6 on the list is the Upshot Medical Center at Mills Park, which will be 160,000 square feet in size, tied with a development in Chicago and just behind a development in Philadelphia.

The Upshot project is expected to deliver in the third quarter of this year.

It joins Fort Lauderdale’s Memorial Cancer Institute (121,300 square feet) as medical office buildings from Florida to make the top 20. Six properties in the top 20 were located in Texas, including four alone in the Houston metro.

The project at 1724 N. Mills Ave. in Orlando is being developed by Orlando-based Upshot Capital Advisors, as a joint venture with Chicago-based Leopardo Cos. The estimated construction cost for the project is roughly $75 million, based on industry standards.

Leasing for Upshot Medical Center at Mills Park is being handled by Jamison Commercial Partners.

“Investors are viewing medical office as a haven in a disrupted environment,” said Doug Ressler, a business intelligence manager for Yardi Systems. “Not only have rising interest rates cast general uncertainty on property values, but the slow return of employees to the workplace is also raising questions about demand for the office sector.”

Ressler suggests office owners are rethinking their traditional office portfolios and exploring conversions to medical office buildings.

 

Source:  OBJ

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Orlando Medical Office Complex Plans Final Phase Of Expansion

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An Orlando medical office complex has plans to build its final phase with new buildings.

The Orlando Medical & Professional Complex will add three buildings which total 13,500 square feet on the western 1.8 acres of its 5.74-acre site at 1130 S. Semoran Boulevard. The property currently has five one-story medical office buildings which total 36,595 square feet.

Lake Mary-based Jonosh Properties LLC has requested a master plan approval for the project from the city of Orlando. That request is tentatively set to go before the Orlando Municipal Planning Board on May 16 for a hearing.

 

Source: OBJ

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Jupiter Medical Center Proposes $110 Million Expansion

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Jupiter Medical Center is seeking approval for another major expansion with a new bed tower and parking garage.

The Jupiter Town Council will consider the site plan amendment on April 4 for the nonprofit hospital’s 27.3-acre campus at 1210 Old Dixie Highway. The hospital currently has 248 beds.

JMC wants to build a 92-bed addition on the east side of its campus. The new building would total 135,000 square feet in five stories. To make room for it, the hospital would remove the 10,000-square-foot Ahlbin Administration Building and a temporary modular trailer that’s used for volunteer services.

In addition, it would construct a five-story parking garage with 845 spaces, including 80 electric vehicle charging spaces. That would boost the total parking on the JMC campus to 1,794 spaces.

JMC officials said the project would cost $110 million. It hopes to break ground later this year and complete it in mid-2025.

The hospital is already in the process of expanding. In 2022, it broke ground on a $100 million surgical institute, which was named after Johnny and Terry Gray following a big donation. JMC also announced plans to partner with UF Health to build a community hospital at Avenir in Palm Beach Gardens.

The application letter by planning firm Cotleur & Hearing stated the hospital had virtually no bed vacancy in summer 2022, which is usually its slow season. The new bed tower would support 31 additional doctors.

 

Source:  SFBJ

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Onix Group Plans New $90M Building With Hotel, Conference Center, Medical Offices And More Near AdventHealth Orlando

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The Onix Group plans to build a $90 million, 14-story building in Orlando dubbed the Gateway that will include a 150-room hotel, medical offices, a conference center, a restaurant, shops and more.

The 270,846-square-foot project will be built on vacant land at the corner of East Princeton and North Orange avenues, an area considered the gateway into AdventHealth’s Health Village in Orlando.

Construction of the building will begin in spring 2024, and the building is scheduled to open in fall 2026. The architect of the project is NORR, and the general contractor is Batson-Cook.

AdventHealth will be the anchor tenant and is leasing the second through fourth floors.

 

Source:  OBJ

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UHealth Expands Presence With Opening Of Primary Care Office In Palmetto Bay

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UHealth – University of Miami Health System continues to expand its footprint throughout Miami-Dade County with the opening of UHealth at Palmetto Bay. The opening of this location expands UHealth’s presence, particularly in Southern Miami-Dade County.

The office, located at 15155 SW 97 Ave, Suite 100, which celebrated its grand opening on Mar. 20, will offer the communities of Palmetto Bay, Pinecrest, Cutler Bay, and the surrounding areas access to academic medicine focused on healing, wellness, and prevention, delivered by some of the brightest minds in medicine.

The office will provide dually boarded providers in medicine and pediatrics who care for both adult and pediatric patients, in addition to a Family Medicine APRN for both in-person and virtual care appointments. As well, the office will offer OB/GYN services. If specialty care is recommended, patients can take comfort knowing that they have seamless access to the preeminent care UHealth is known for, coordinated by an on-site referral manager.

UHealth offers cancer care from Sylvester Comprehensive Cancer Center, the only cancer center in South Florida to earn designation from the National Cancer Institute; advanced vision care from the No. 1 ranked eye hospital in the country, Bascom Palmer Eye Institute; urological treatments from the Desai Sethi Urology Institute; top-notch care from nationally ranked neurology and neurosurgery programs; and specialties such as cardiology, endocrinology, otolaryngology, gastroenterology, dermatology, physical rehabilitation, and others.

“UHealth’s presence in Palmetto Bay brings top-flight healthcare to the rapidly growing South Dade community,” said Dipen J. Parekh, MD, chief operating officer of UHealth, founding director of the Desai Sethi Urology Institute, and executive director of clinical affairs at the University of Miami Miller School of Medicine.

UHealth’s Palmetto Bay primary care and family medicine office joins a comprehensive network includes three hospitals, more than 30 outpatient facilities in Miami-Dade, Broward, Palm Beach, and Collier counties, with more than 1,200 physicians and scientists.

 

Source:  Miami’s Community News

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