Medical tenants are losing space as the University of Miami Health System and Jackson Health System grow inside their current structures. These tenants now require additional medical office space.
Foundry Commercial and Wheelock Street Capital acquired 31-acre site.
Both projects are expected to open in early 2027.
The new plan does not increase the density of the project, but it allows WPG to build across the entire 53-acre site and demolish the existing mall. It also adds the option for a medical district with nursing facilities, a hospital and more.
Unlocking the Potential: A Deep Dive into Maximizing ROI in Florida’s Healthcare Real Estate Market The sunshine state, known for its inviting climate and booming tourism industry, is now becoming a hotbed for healthcare real estate investments. The allure of Florida’s market lies not only in its demographic trends and economic stability but also in […]