Orlando Health Plans Pasco County Hospital

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Orlando Health is expanding in the Tampa Bay area with plans for a new hospital in Wiregrass Ranch, a high-quality, master-planned community of more than 5,000 acres.

Located at the northeast corner of the intersection of State Road 56 and Wiregrass Ranch Boulevard, Orlando Health Wiregrass Ranch Hospital will be easily accessible for residents living in Pasco County and northern Hillsborough County.

“With the tremendous growth on Florida’s West Coast, we are truly excited to have Orlando Health meet the needs of this region,” said John Moore, senior vice president of Orlando Health’s West region. “At Orlando Health Wiregrass Ranch Hospital, we will provide a broad range of healthcare services, all in one convenient location. Patients will receive exceptional emergency and inpatient care from clinical experts in multiple specialties, the highest quality diagnostic services, and seamless access to all of Orlando Health’s trusted primary and specialty care providers.”

A site plan submitted to Pasco County provides a glimpse into the ultimate 300-bed multi-story hospital and wellness campus.

“We are thrilled to welcome an amazing health system like Orlando Health to our Wiregrass Ranch Community,” said J.D. Porter, Wiregrass Ranch Inc.  “Access to the best healthcare has always been a foundation of the Wiregrass Ranch community and Orlando Health’s excellent track record of putting patients first will no doubt serve our vibrant and growing population looking for high quality healthcare, and a great foundation to our town center.”

The property purchase is slated to close later this fall. An official groundbreaking and opening date will be announced at a later date.

 

Source:  Orlando Health

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Podcast: Tampa General CEO John Couris On Building A New Medical District In Tampa

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Tampa Bay Business Journal Editor in Chief Alexis Muellner recently spoke with John Couris, president and CEO of Tampa General Hospital, for a segment of the Florida Business Minds podcast.

Listen to this podcast HERE.

 

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Big Sky Medical Real Estate Lassoes Fully Leased MOBs In Brandon, Plant City

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JLL has closed the sale of two newly constructed, Class A medical office buildings totaling 75,000 square feet in the Tampa submarkets of Brandon and Plant City, FL.

Brian Bacharach, Mindy Berman, Brannan Knott and Vasili Davos of JLL represented the seller, Harrod Healthcare Real Estate. Big Sky Medical Real Estate acquired the properties.

The two properties are fully leased to Women’s Care, a multispecialty women’s health practice with more than 350 providers and over 100 outpatient locations across Florida. The best-in-class outpatient facilities were constructed in 2019 and designed to house multiple specialties including OBGYN, fertility, fetal medicine, breast surgery and gynecological oncology.

 

Source:  Connect CRE

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Developer Buys Davie Site To Build Health Care Project

Home Communities Medical Offices and ALF at 8180 Griffin Road, Davie

Home Communities Co. purchased a development site in Davie for a combined $7.25 million and obtained a construction loan.

Doc-Griffin Road MOB LLC, an affiliate of Milwaukee, Wisconsin-based Physicians Realty Trust (NYSE: DOC) provided the $18.38 million mortgage to HHC Davie LLC, an affiliate of Birmingham, Alabama-based Home Communities Co., shortly after it purchased the property.

In the bigger deal, 940 West 84th Street LLC, managed by David Laurence, and Schecky46 Inc., managed by Steve Schechtman, sold 6.95 acres at 8150 and 8160 Griffin Road plus 4760 S.W. 82nd Ave. for $5.075 million.

In addition, Griffin Rd Holdings LLC, managed by Laurence, sold 2.6 acres at 8180 Griffin Road for $2.175 million.

As previously reported, HCC filed plans for a medical office building and assisted living facility there.

The project is slated for a three-story, 42,000-square-foot medical office building and a four-story assisted living facility with 274 beds housed in 185 residential units. There would be 308 parking spaces, including four electric vehicle charging stations.

 

Click here to read more about this story.

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Spec Medical Office, Retail Project In The Works Near Downtown Orlando

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Amid an uncertain market for office space, a 60,000-square-foot spec project is set to break ground in the SoDo neighborhood near downtown Orlando.

Josh Smith, vice president and managing director for the Orlando office of Birmingham, Alabama-based Harbert Realty, told Orlando Business Journal that ground will break on the South Orange Medical Complex on July 12.

Smith is marketing the property for leasing on behalf of the owner and developer, South Orange Medical Complex Inc., and said the project, located at 2116 S. Orange Ave., will consist largely of medical office space, a use that has fared better than typical office space during the pandemic.

What do we know about the project?

The complex will include a three-story building with an adjoining parking garage. Each floor will include roughly 18,000 square feet of space that can be utilized by a single user or divided up for multiple users, Smith said.

The first floor is intended as retail or restaurant use, though it could also become a more public-facing medical concept.

Though being built on a spec basis, there are several proposals for the space, Smith told OBJ. The adjoining garage and the built-in parking it provides is particularly enticing for potential tenants, he said.

Smith declined to cite an estimated project cost, but based on construction industry standards it could cost $10.7 million.

The developer and owner of the parcels where the project will rise is South Orange Medical Complex Inc., an entity related to DeLand-based physician Hussain Rawji. Rawji acquired the land fronting Orange Avenue in 1998 for $525,000, Orange County records show, and the land on W. Harding Street for $110,000 in 2015.

Winter Garden-based Schmid Construction Inc. is the general contractor for the complex and Daniel Farmer, of Orlando-based Farmer Architecture, is architect.

Plans for the complex date back at least as far as March 2020, though the project has changed since then. It is just south of the intersection of Kaley Street and Orange Avenue, about a half-mile south of the Orlando Health Regional Medical Center campus.

Because of its location, and planned use, Smith said he felt confident encouraging Rawji to press forward with his long-sought project.

“In spite of everything that’s been going on with office space in general since Covid, Dr. Rawji has pressed forward with this vision, because it’s his passion,” Smith said. “This is probably one of the most appropriate developments in Orlando, given the actual location of the real estate. … You’re in a very particular stretch of road where you’re very well insulated from what the rest of the economy and the market is doing.”

 

Source:  OBJ

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