Palm Coast Mayor David Alfin said the city needs more health-care services.
Palm Beach County has a growing senior population, so there’s strong demand for medical office space.
The three-story building is 90% occupied by a mix of primarily medical tenants, including Abuelo’s Medical Center LLC, West Home Care, LLC, Diagnostic Centers of America, and others.
The Largo properties, which have a combined square footage of 33,429, are fully occupied under a long-term lease.
The 163-unit assisted living project will also include retail.