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A joint venture between Baptist Health South Florida and Belmont Village Senior Living obtained a $74.1 million construction loan to build a high-end senior living facility in Coral Gables.

First, Miami-based nonprofit Baptist Health sold the 1.4-acre site at 4111 Salzedo St. for $18.5 million to BVBP PO CG LLC, a joint venture between Houston-based Belmont Village and Baptist Health that’s led by CEO Patricia Will. Wells Fargo Bank provided the construction loan to the buyer.

Belmont Village Coral Gables was approved in 2020 for 232 units of independent living, assisted living and memory care, plus 18,388 square feet of ground-floor commercial space. A Healthy Living Center by Baptist Health will also be on the ground floor to offer wellness services.

According to the project’s website, Belmont Village Coral Gables is expected to open in spring 2023.

 

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Gloria Drummond Patient Tower-Boca Raton Regional Hospital

Boca Raton Regional Hospital, part of Baptist Health South Florida, filed plans for a new patient tower.

The nonprofit hospital first unveiled plans for the Gloria Drummond Patient Tower in early 2019, when it announced the start of a $250 million capital campaign. The original plans called for 180,000 square feet in seven stories, but the building in the new application is significantly larger.

Under the proposed site plan, the Gloria Drummond Patient Tower at 800 Meadows Road would total 437,394 square feet in nine stories. It would include private patient rooms, surgical suites, space for staff, and space for graduate medical education.

BRRH also has a pending plan to build a medical office building on its campus.

 

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bethesda heart hospital
Bethesda Heart Hospital’s new advanced hybrid endovascular suite features state-of-the-art technology that will benefit patients with speedier, more precise care when facing complex cardiac and vascular conditions.
Bethesda Heart Hospital, located on the campus of Bethesda Hospital East, a part of Baptist Health South Florida, is now the first in Palm Beach County — and one of few in the nation — to feature the highly sophisticated Azurion with FlexArm imaging system by Philips. The suite also includes the first commercial release of Philips Xper3 information management system for physio-monitoring, reporting, inventory and data management.
“Delivering truly outstanding care requires our clinical teams to be at the forefront of the latest developments in medicine,” says Nelson Lazo, CEO of Bethesda Hospital East and Bethesda Hospital West. “Access to quality imaging solutions is key to getting faster diagnosis and treatment, which will enable us to enhance care.”
Azurion with FlexArm represents a significant advancement because it allows unprecedented image quality from a wide variety of angles, using a pivoting C-arm and gantry suspended from the ceiling. The FlexArm rotates on no less than eight axes to create virtually unlimited imaging options from head to toe for both two- and three-dimensional visualizations. That flexibility frees up medical teams to choose the best working position without the need to reposition the patient or adjust the operating table, important safety and time considerations.
The system was designed following three years of research at Baptist Health’s Miami Cardiac & Vascular Institute.
“With FlexArm, Philips’ engineers have overcome near-impossible geometric and mechanical barriers,” said Barry T. Katzen, M.D., founder and chief medical executive of the Institute, where the first FlexArm in North America was installed. “We can get the optimal view of what’s going on inside the patient without encumbering all of the clinicians that are working around the table.”
Image-guided therapy, in which treatment is performed through a small incision and guided by imaging technology, is increasingly replacing open surgery for the treatment of many diseases. Patients experience less trauma and, as a result, their hospital stay can be dramatically reduced. They often return home after one night in the hospital, and may even leave the hospital on the same day.
Correspondingly, the procedures are also becoming more complex, requiring more physicians from different disciplines to be at the patient’s tableside, working together in a highly coordinated way. Clinicians need to be able to quickly and easily visualize critical anatomy and identify changes to the patient during procedures.
The new suite can seamlessly accommodate both minimally invasive procedures and traditional open surgery, allowing clinicians to pivot in their surgical planning when necessary.
The new advanced endovascular suite will be used for more complex procedures such as transcatheter aortic valve replacements (TAVR), mitral valve clip repairs, left atrial appendage occlusion surgeries and thoracic aneurysm repairs. “We have a great staff of medical experts including Dr. George Daniel, interventional cardiologist, and Dr. Geoffrey Lynn, cardiothoracic surgeon, who are very eager to care for patients using this latest technology,” said Jane Kiah, assistant vice president, Bethesda Hospital East. “Our goal is always to provide the highest quality care and have the most successful outcomes possible.”
“It’s a major addition that expands our capacity to serve the needs of this community,” added George Daniel, M.D. “This new room is built to carry us into the future. It is designed with the flexibility to accommodate new equipment and technology as new procedures are developed.”
The new suite was made possible through philanthropic support from the Bethesda Hospital Foundation, which embraced the vision for new technology.
“Our Foundation worked very hard for several years to secure support for this suite, and the community is very excited to see it come to fruition,” added Barbara James, executive director of Bethesda Hospital Foundation.
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Baptist Health South Florida and the Altman Cos. are teaming up for a multifamily and medical development in Kendall.

The nonprofit health care organization filed a pre-application with county officials for Altis Baptist Kendall. It would be developed on the 14.5-acre site at 9501 S.W. 137th Ave., at the northeast corner of Southwest 96th Street. It’s about eight blocks south of Kendall Drive, near the Calusa neighborhood.

Boca Raton-based Altman Cos. would build the residential portion of the project, while Baptist Health would build a 57,100-square-foot medical office building with 190 parking spaces. The three-story building would include a free-standing emergency department, which would allow Baptist Health to treat emergency patients who don’t require an overnight hospital stay.

 

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A recent virtual groundbreaking event officially began a clinical expansion project at West Kendall Baptist Hospital, part of Baptist Health South Florida.

At the heart of the project, scheduled to be completed in early 2023, is a new four-story, 126,000-square-foot tower that will house 35 additional emergency department treatment rooms, 70 new observation/inpatient beds and growth areas for imaging services and more.

The groundbreaking event on Nov. 18 was streamed live via Zoom and hosted by Lourdes Boue, CEO of West Kendall Baptist Hospital, and Aida Shafer, chair of the West Kendall Baptist Hospital Board of Directors, alongside a group of socially distanced Baptist Health executives and community leaders.

“Since our opening in 2011, we have been a vital part of the neighborhood,” Boue said during the event. “We are committed to providing an excellent patient experience along with the most advanced technology. This expansion is an investment in our community.”

When it opened, West Kendall Baptist Hospital was Miami-Dade County’s first non-replacement hospital in more than 35 years. The hospital supported a vision of West Kendall as a convenient central hub where area residents can live, work and play, and the campus’ award-winning design anticipated rapid growth in the area.

The new construction will match the modern Mediterranean style of the existing hospital and feature the same eco-friendly features that earned the hospital LEED Gold certification for Leadership in Energy & Environmental Design, a green building certification program used worldwide.

West Kendall Baptist Hospital is part of Baptist Health South Florida, the largest healthcare organization in the region, with 11 hospitals, nearly 23,000 employees, more than 4,000 physicians and more than 100 outpatient centers, urgent care facilities and physician practices spanning across Miami-Dade, Monroe, Broward and Palm Beach counties.

 

Source:  Community Newspapers

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Baptist Health South Florida wants to construct a medical office building next to Boca Raton Regional Hospital.

The Miami-based nonprofit merged with BRRH in 2019. The Boca Raton nonprofit already launched a $250 million fundraising campaign to build a patient tower and a 972-space parking garage on its main campus.

The new application, which BRRH recently filed with the city, pertains to the 2.9-acre site at 745 Meadows Road. Located next to the hospital, the property currently has three office buildings for a combined 32,453 square feet. They were built in the early 1970s and would be demolished to make way for a larger office building and a parking garage.

 

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6262 Sunset Drive Miami

Transwestern Real Estate Services’ (TRS) South Florida Agency Leasing team has been selected to exclusively lease 6262 Sunset Drive in Miami, a 96,779-square-foot, eight-story office building at the epicenter of South Miami’s healthcare hub.

Transwestern Senior Vice President Christopher Dubberly will lead the leasing efforts on behalf of building owner USAA, as well as direct the property’s repositioning from traditional office to medical office space. The building will be rebranded as Sunset Medical.

“Sunset Medical is ideally located at the footsteps of South Miami Hospital’s campus. Returning the available space to its highest and best use will appeal to physicians and healthcare providers seeking premier medical office space in a market with less than 5% vacancy,” said Dubberly. “There’s a strong underlying current of pent-up patient demand for services postponed by stay-at-home restrictions. Repositioning this property to medical office now makes it an extremely attractive option for practices that are challenged with how to handle the surge in procedures and surgeries expected the latter part of the year.”

For the past 22 years, the property was 100% occupied by a single tenant that has now consolidated into the top two floors. The remaining 43,064 square feet of availability on floors one through six offer direct entry from the parking garage – a unique feature in the market and highly desirable amenity for medical office space because it eliminates the need for tenants and guests to use elevators for suite access.

“The property also provides high-profile signage opportunities along heavily traveled Sunset Drive,” said Dubberly. “Ownership has committed to renovating the building lobby and elevators, further increasing its premium market appeal.”

6262 Sunset Drive is adjacent to Baptist Health South Florida’s South Miami Hospital campus, benefiting from the hospital’s power grid and equipped with a generator, providing secure business continuity. The average household income within 3 miles is $134,215, and the population is greater than 111,000 residents, which expands to more than 350,000 people within 5 miles. The property is walkable to Metrorail’s South Miami station, as well as local restaurants, shopping districts and entertainment venues.

 

Source: HREI

Boca Raton Regional Hospital is now part of the biggest health care system in South Florida.

The hospital completed its merger with Baptist Health South Florida on Monday, which gives Baptist Health 11 hospitals from the Florida Keys to Palm Beach County. It now has nearly 23,000 employees, over 4,000 physicians and 100 outpatient centers.

“Our organizations share the same calling to improve the health and well-being of individuals and to deliver compassionate healthcare to our patients at the highest standards of excellence and safety,” said Brian E. Keeley, president and CEO of Baptist Health. “We foresee an exciting future at Boca Raton Regional Hospital that will cement its title as the preeminent healthcare provider in the community.”

The 400-bed Boca Raton Regional Hospital is the top-ranked hospital by U.S. News & World Report’s Best Hospital list. The nonprofit medical facility has facilities for oncology, neuroscience, women’s health, and more. It also hosts Florida Atlantic University’s College of Graduate Medical Education.

After 11 years as CEO of Boca Raton Regional Hospital, Jerry Fedele will retire in August. He will be replaced by Lincoln S. Mendez, who is currently CEO of Baptist Health’s South Miami Hospital.

“Establishing our partnership with Baptist Health represents an important milestone in the history of Boca Regional,” Fedele said. “It is one that continues the positive momentum and trajectory of Boca Regional as the premier healthcare provider in South Florida.”

For Baptist Health, the merger grows its presence in Palm Beach County, where it already has Bethesda Hospital East and Bethesda Hospital West.

Being part of a larger hospital system will allow Boca Raton Regional to operate more efficiently with stronger bulk purchasing power and better access to financial markets.

According to an announcement to its bondholders on July 1, Boca Raton Regional said it and Baptist Health are seeking to issue a bond to refund the 2014-issued bonds by the Boca Raton hospital.

For the quarter that ended March 31, 2019, Boca Raton Regional had net income of $10.2 million on revenue of $157.2 million, according to a report to its bondholders.

During the same period, Baptist Health had net income of $224 million on revenue of $844.8 million. Combined, their revenue that quarter exceeded $1 billion.

Boca Raton Regional has a robust fundraising pipeline. It raised $51.3 million in donations for the nine months that ended March 31, 2019.

 

Source: SFBJ

Baptist Health South Florida and Virginia-based Interstate Hotels held a grand opening for the new Hilton Miami Dadeland, a hotel with amenities for healthy living.

The 184-room property at 9100 N. Kendall Drive in Miami includes fitness equipment in each room, a meditation garden, on-site walking and jogging trails; and a farm-to-table restaurant. Thirty-four of its rooms are designated for extended stays.

“Early on, we knew we wanted to introduce a unique product to the market that would serve a variety of needs,” said Ana Lopez- Blazquez, chief strategy and transformation officer for Baptist Health. “Hilton embraced our vision of a multipurpose hotel, with rooms equipped for extended stays, and our desire to incorporate wellness into the design of the guest rooms and amenities.”

Coral Gables-based CallisonRTKL designed the hotel. It has 10,000 square feet of indoor and outdoor meeting space and a 6,250-square-foot ballroom with a private outdoor area.

The hotel’s restaurant is Table 55, led by Executive Chef Andrew Edwards. Its menu includes ingredients sourced from local farms and the hotel’s on-site garden.

James Shandor is the general manager. Room rates start at $149 a night.

Hilton Miami Dadeland broke ground in December 2016 after Baptist Health and Hilton Worldwide announced their partnership in August that year. The property complements the patient offerings at Miami Cancer Institute.

South Florida is ripe to capture a share of the growing worldwide medical tourism market. The trend is valued at $50 billion globally.

Source: SFBJ

Boca Raton Regional Hospital has launched a campaign to raise $250 million for expanding, including the construction of a patient tower on its campus.

The announcement came as the nonprofit hospital prepares for a merger with Miami-based Baptist Health South Florida. That affiliate is expected to be finalized in summer 2019. However, BRRH will maintain its identity.

Its fundraising campaign has showcased how the Boca Raton hospital has one of the deepest donor networks in South Florida. It has already raised $115 million, with donations coming from board members Christine E. Lynn, Stanley and Marilyn Barry, Richard and Barbara Schmidt, Elaine J. Wold, and Louis B. and Anne W. Green.

“We stand at the threshold of an extraordinary future for Boca Raton Regional Hospital, one borne of a powerful and visionary long-term plan,” said BRRH President and CEO Jerry Fedele, who will retire after the Baptist Health deal is consummated. “As always, our supporters of the Hospital have demonstrated their spirit, commitment, and unflagging devotion by helping ensure these plans become reality. We all owe them a debt of gratitude for the sophisticated level of healthcare we will all enjoy as we move forward with this transformative initiative.”

The hospital hopes to expand its campus with a seven-story patient tower. This 180,000-square-foot building would include surgical suites, a patient lobby, and three floors set aside for future growth. The 400 rooms in the current hospital building would be converted to all private rooms with a major renovation, plus a 20-bed observation unit would be added.

BRRH also plans to build a 972-space parking garage.

“We’ve all come together in the spirit of Gloria Drummond, whose pioneering spirit helped build this hospital, to help take us to the next level as a healthcare provider,” said Lynn, chairman of BRRH. “We hope and expect those who care deeply about sophisticated world-class healthcare will embrace this effort and help us bridge the gap between the $115 million we’ve raised to date and the $250 million we need to move forward. Our community has always been there for the hospital, as demonstrably as the hospital has been there for the community.”

Source: SFBJ