Tag Archive for: encompass health

Medical Tech Firm Buys Dev Site In Palm Beach Gardens For $19M

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Medical technology firm Meso Scale Diagnostics paid $18.9 million for a development site in Palm Beach Gardens that was previously approved for a hospital.

An affiliate of Rockville, Maryland-based Meso Scale acquired the 9.1-acre assemblage at the southwest corner of PGA Boulevard and Ballenisles Boulevard, just east of Florida’s Turnpike, according to records and Vizzda.

The buyer obtained $18.2 million in seller financing.

The seller, an entity managed by John Clark Bills in Palm Beach Gardens, paid $996,300 for the vacant land in 2009, records show.

In 2021, Palm Beach Gardens approved a rezoning of the larger 7.2-acre parcel from residential to commercial. It also approved a site plan for two medical rehabilitation buildings with 80 beds, submitted by Encompass Health, a Birmingham, Alabama-based health care company. At the time, Encompass was under contract for the development site.

It is unclear why Bills and Encompass did not close the deal.

Meso Scale executives did not respond to emails requesting comment about the company’s plans for the vacant property. Led by CEO Jacob Wohlstadter, Meso Scale develops, manufactures, and markets instruments and materials for biological research and life sciences, according to the firm’s website.

Medical building development and sales in South Florida are seeing an uptick. Last month, Memorial Healthcare System paid $49 million for 8.2 acres in Hollywood. Memorial plans to redevelop a two-story grocery store and a 156,000-square-foot retail building on the property into a possible health and wellness center.

In January, Boyd Watterson Asset Management acquired a Veterans Affairs clinic in Sunrise for $38.2 million. The 111,000-square-foot outpatient clinic provides military veterans with primary care, cardiology, dental, mental health, neurology, orthopedics and women’s health services, according to its website.

In December, ABS National Business Parks paid $38 million for a Palm Beach Gardens two-building complex that includes medical offices. The joint venture bought Corporate Center at the Gardens at 4200-4400 Northcorp Parkway.

 

Source:  The Real Deal

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Health Care Development Boom To Increase Accessibility In Cape Coral

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There will be more places to get the medical care you need in Southwest Florida, as multiple health care systems have announced plans to add more resources in Cape Coral.

At Pine Island Road and Pondella Road in Cape Coral, Encompass Health is in the process of building a 40-bed inpatient care facility.

Down the road, Lee Health plans to expand the only hospital currently in the city.

Lee Health’s vice president of facilities and support services, Dave Kistel, said all these projects are not a coincidence.

“Cape Coral is continuing to grow, attracting a lot of new residents. The need to grow and add services is there and so we’re adding those services to support the community’s health care needs,” he explained.

That’s why Lee Health is investing $150 million to expand its hospital system.

“One of the first projects that we’re going to get started on is a six bay expansion to our existing emergency department,” Kistel said. “The next project, we will be adding 12 intensive care unit beds in Cape Coral.”

They also have plans to expand their Surfside outpatient facility and build a new building near Bimini Basin.

And if that’s not enough to help with the growth, Lee Health has plans to turn a 23-acre plot of land at SW Pine Island Road and Veterans Parkway into an innovative health care facility.

That could mean less drive time for Sara Warnecke. “Anything that’s closer to home is always a benefit when you don’t have to drive and less traffic to get there.

And provide those who live in Cape Coral, with more options.

 

Source:  WINK News

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Cape Coral Sees More Planned Medical Offices

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The Cape Coral Economic Development Office reveals that there are six new medical offices planned to go up in that area. These long-awaited projects will help Cape Coral residents find more convenient care.

On the corner of Kismet Parkway and Del Prado Boulevard, construction crews are building a new medical clinic. Catherine Allen of North Fort Myers says, it’s about time. “I know that when people go to the emergency room they have to wait forever,” said Allen.

Cape Coral’s Economic Development Manager Ricardo Noguera said that the construction marks the beginning of a medical building boom, of sorts. It’s just one of six new medical offices set to open in Cape Coral.

“We are now at 200,000 people. We are more than double the population of Fort Myers so the medical community is taking note and they’re realizing do I want my folks to continue crossing that bridge or do I want to come to my folks? And they’re now coming,” said Noguera.

Noguera says he will continue to fight the good fight and get even more medical facilities to come to the area. Encompass Health is set to open on Pine Island Road.

The 80-room inpatient rehab hospital will be the first of its kind in Cape Coral. Annie Grove lives in Cape Coral and says they need more full-service hospitals.

“I think they’re always needed, extra hospitals, especially with the older generation here,” Grove said.

The city projects that all six of the new medical facilities could be open by as early as 2021.

 

Source:  Wink News

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