A $39 million acquisition and two sizable healthcare developments underscore the health system’s widening real estate footprint across the region.
The agreement raises the permitted building area on its 241-acre Coral Gables campus to 10.5 million square feet, compared with the previous 6.8 million-square-foot limit.
The eight-story development will introduce approximately 120,500 square feet of office and retail space to the neighborhood, including approximately 22,500 square feet of retail and more than 92,000 square feet of office space.
The two-story, Class A medical office building is under construction with delivery anticipated in late 2027.
A new outpatient facility in Palm Beach Gardens marks the first physical location in a broader East Coast Florida healthcare partnership.