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The developer of the Blue Zones Center in Miami has revealed details of what will be downtown’s largest health care facility, and a significant job creator.

Stephen Watson, managing partner of Blue Zones Center in Miami, said the health care facility would cost $100 million to build. It would employ 30 health care providers and 140 support staff in the first year. By the fifth year, it would have 56 health care providers and 300 support staff, he said.

That includes staff employed directly by Blue Zones and independent physician offices that are housed within the center, Watson added.

Blue Zones Center will take up 220,000 square feet at the base of the Legacy Hotel & Residences at 942 N.E. First Ave. The project broke ground in 2021 and will also feature 310 branded condos available for short-term rentals, a 219-room hotel and numerous restaurants.

The facility will offer annual and monthly memberships, although patients can also schedule visits with independent physicians who work there, he said. It will not take Medicare or Medicaid.

Members will receive extensive evaluations of their health care and lifestyle, understand their strengths and weaknesses, and be counseled on how to extend their lives, Watson said. The facility would include a fitness center, an ambulatory surgery center, orthopedics, spa treatments, food and refreshments, diagnostics imaging, behavioral health treatments, and a pharmacy.

Blue Zones Center should open in the third quarter of 2025, and hiring will start 14 to 16 months prior.

 

Source:  SFBJ

 

AdventHealth

AdventHealth has sold some vacant land in Lake Mary.

The Altamonte Springs-based nonprofit health system sold 2.2 vacant acres along Lake Mary Boulevard for $1 million, according to recently released Seminole County documents.

The property is roughly 2.6 miles from AdventHealth’s Lake Mary ER at 960 Rinehart Road near the intersection of Lake Mary Boulevard and Crystal Drive.

AdventHealth spokeswoman Melanie Ararat said the health system sold the vacant land after it decided not to develop the site.

The property sale, which closed on Sept. 27 but did not post until the start of November, was to Crystal Devco LLC, an entity which shares an address with Ormond Beach-based real estate brokerage SVN Alliance Commercial Real Estate Advisors.

The property, which has a commercial land-use designation, last traded hands for $1.07 million in 2008. The sale documents include a list of conditional restrictions tied to new medical offices or other medical care facilities.

 

Source:  OBJ

 

The Signature Healthcare Center of Waterford skilled nursing facility at 8333 W. Okeechobee Road, Hialeah Gardens 760x320

The Signature Healthcare Center of Waterford skilled nursing facility in Hialeah Gardens sold for $43.16 million.

Hialeah Gardens SNF LLC, managed by Ira Smedra of the Arba Group in Los Angeles, sold the 214-unit skilled nursing facility at 8333 W. Okeechobee Road. The buyers were Waterford Propco LLC, Waterford TIC 1 DM Member LLC, and five other entities with similar names.

The buyers assumed the seller’s $19.53 million mortgage, which was taken over by VNB New York and boosted to $59.84 million.

The property last sold for $29.3 million in 2019.

Totaling 65,132 square feet in three stories, the facility was built on the 1.97-acre site in 1986.

 

Source: SFBJ

9278 turkey lake road parcel

Upshot Capital Advisors purchased a sliver of property a short drive from SeaWorld and the Orange County Convention Center in the heart of Orlando’s tourism district this week for more than $1 million per acre.

With the $7.5 million acquisition of the 5.5-acre parcel at 9278 Turkey Lake Rd, the company is planning to build a standalone long-term acute care hospital, according to Orange County records.

It is unclear as to which healthcare provider would be taking over the building once the project is complete.

 

Source:  Growth Spotter

cagigas 760x320

A local senior health care provider filed plans to build a larger facility near West Palm Beach.

Cagigas Family Holding Co., an affiliate of Cagigas Medical Center, submitted a small-scale land use amendment to Palm Beach County concerning the 2.11-acre site at 1248 S. Military Trail. It currently has a 2,500-square-foot commercial building that previously housed an arcade.

The medical group purchased the property for $1.07 million in 2019. It’s located a few blocks north of Forest Hill Boulevard. Cagigas Medical Center currently operates out of a leased space less than a block away at 1401 S. Military Trail.

It aims to change the land use from “general commercial” to “urban infill” to build 18,000 square feet of medical offices and 2,710 square feet of retail.

The medical group serves Medicare and Medicaid beneficiaries.