The state-of-the-art, 63-bed facility will be located at 7450 Sand Lake Commons Blvd.
Cape Coral and its geographic area of 120 square miles has faced steady population growth and is now the eighth largest city in Florida with 204,510 residents, up from 154,305 residents in 2010. City leaders in 2021 projected 50-year growth to 430,000 residents.
The three-story, 59,460-square-foot medical office building would go on the corner of Silverlake Park Drive and Village Lake Road in Horizon West.
Construction is expected to start on the new hospital this summer and be finished in late 2025.
The 23,241-square-foot property, located at 12323 W Colonial Drive, is anchored by AdventHealth Well 65+, a primary care practice.