The nonprofit university’s UHealth first announced plans to build a medical center within the 184-acre development in 2019, but the challenges of the Covid-19 pandemic delayed the project.
An unnamed REIT purchased the property for $18.6 million.
The six-story project will feature 94 rooms with 118 beds of assisted living.
The medical office building on the currently-unnamed campus is expected to open sometime in 2024, with the hospital set to open in 2027.
Built in 2018, the 57,650-square-foot property is situated adjacent to the Gulf Coast Medical Center and is occupied by Lee Memorial Health System’s Gulf Coast Medical Center Skilled Nursing Unit.