ShareMD Plans To Open Downtown Southbank Medical Facility

Rendering of ShareMD's 24,000-SF Medical Office at 841 Prudential Drive in Jacksonville 760x320

ShareMD plans to open a 24,000-square-foot medical office at 841 Prudential Drive on the Downtown Southbank in Jacksonville.

It will be the first non-hospital medical office development Downtown in more than 20 years, it said in a news release July 29.

The project is scheduled to go before the Jacksonville Downtown Development Review Board in September. It is expected to break ground in the third quarter of 2025 and open in 2027, ShareMD said.

The medical office building owner and operator, which is based in Alpharetta, Georgia, bought the property in February 2020 from GRFV Holdings LLC of Chicago for $67 million.

The Eight Forty One building is one 6.3 acres near Baptist Medical Center. The new medical office will be constructed on a surface parking lot on the property.

The building was designed by HED, a national architectural design firm based in Royal Oak, Michigan. Robbins Design Studio of Jacksonville will produce the final construction set of plans.

The complex is 89% leased.

“We’re starting to speak with a number of different types of healthcare operators and should have an operator chosen by the end of the year. We anticipate notable interest from national and regional healthcare providers,” Jennifer Ferguson, ShareMD’s executive director of Property Management, said in the release.

ShareMD is an investor and manager of healthcare campuses in Florida and California. The portfolio includes 18 facilities totaling more than 1.1 million square feet.

August 5, 2024/by ADMIN

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