Lifepoint Rehabilitation will operate the facility in partnership with Baptist Health South Florida.
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Baptist Health is planning to build a medical facility on the 4.75-acre parcel, according to property records.
Bethesda Hospital, a subsidiary of Baptist Health South Florida, sold a former medical office campus in Boynton Beach for $37.7 million.
A joint venture between Orlando-based Foundry Commercial and Greenwich, Connecticut-based Wheelock Street Capital acquired the vacant 30.7-acre site at 3800 South Congress Avenue, records show.
The deal breaks down to roughly $30 a square foot.
In 2002, Bethesda paid $8.8 million for the medical office facilities that were built in 1970, records show.
Foundry and Wheelock plan to redevelop the 125,281-square-foot campus into Egret Point Logistics Center, a planned 457,000-square-foot industrial project that was approved by the Boynton Beach City Commission last month, a press release states.
The joint venture plans to demolish the existing buildings this year, eyeing a completion date of next year for two new warehouses, the release states.
Source: The Real Deal
Baptist Health South Florida intends to construct a free-standing emergency room and medical office next to Pembroke Pines’ Shops at Pembroke Gardens.
On January 25, the city’s Planning & Zoning Board will take a look at changing the Edison Pembroke development plan. It is about the 37-acre area between Pembroke Road and Pines Boulevard on the east side of Interstate 75.
Situated just to the south of the popular outdoor shopping center, Duke Realty first approved the land’s use for four residential complexes back in 2007. Of those office buildings, two have been built, one by Atlanta-based TPA Group following its acquisition of the land. TPA Group was given permission in 2021 to convert one of the 7.6-acre office buildings into 350 apartments.
Pembroke 2 Owners LLC, an affiliate of the TPA Group, now wishes to replace plans for a third office building with a project that will house Baptist Health South Florida, a Miami-based organization. It would have a free-standing emergency department and 70,000 square feet of business space spread across three stories.
The project was designed by Miami-based MSA Architects.
The 350-unit apartment project, which is still in the planning stages, along with 125 hotel rooms and an extra 35,000 square feet of offices, would all be permitted to TPA Group.
This site is situated between Memorial Hospital West and Memorial Hospital Miramar, two facilities run by Memorial Healthcare System. Baptist Health has been rapidly growing its outpatient, urgent care, and free-standing emergency department (ED) services in Broward despite not having a major hospital there.
Source: SFBJ
FLF Holdings and Crossroads Development Partners asked Jupiter officials to rezone part of their property for apartments, while Baptist Health South Florida could build a hospital on the remaining land.
The Town Council was scheduled to discuss the proposal from Crossroads 6106 LLC, a joint venture between local developer FLF Holdings and Crossroads Development Partners in Schaumburg, Illinois, on Sept. 19. While a vote for approval is not on the table at the meeting, the Town Council was expected to consider whether staff should continue working with the developers on the proposal for the 58.5-acre site at the northeast corner of Interstate 95 and Indiantown Road.
In 2018, the developer utilized a Bert Harris Property rights claim against the city – a method used when development applications were previously denied – to obtain approval for a hotel, restaurant, medical/research office, and daycare. No development took place at the time.
Now, Crossroads 6106 filed an application that seeks to amend the development agreement with the town to allow 520 apartments, with 20% of that workforce housing. The project would be called Santé Circle after the French word for health.
Josh Simon, managing partner of FLF Holdings, said his application doesn’t utilize the Live Local Act, so he needs a Town Council vote in favor of the project.
Source: SFBJ