Tag Archive for: hca healthcare

Orlando’s 9 Biggest Health Care Construction Projects

doctor with stethoscope

Metro Orlando has nine proposed major health care projects in the pipeline for 2023 and beyond.

Those are in addition to big projects nearing completion this year, such as the Orlando Health Jewett Orthopedic Institute complex at the system’s main campus.

The nonprofit Orlando Health — with $8.1 billion in 2022 assets and $4.6 billion in 2021 revenue — also has a 150-bed hospital under construction in Lake Mary among other projects, Joe Williams, Orlando Health’s senior vice president of strategic planning, told Orlando Business Journal.

The 3,238-bed Orlando Health system owns nine Central Florida hospitals as well as urgent care centers, cancer centers, freestanding ERs and more. It is one of the region’s largest employers, with more than 23,000 workers.

Other health systems also have local expansion ongoing with even more projects in the pipeline. For example, HCA Florida Poinciana Hospital is going through a $9.9 million expansion to add emergency and inpatient beds as well as a new freestanding ER in the Lee Vista area. It is owned by Nashville, Tennessee-based HCA Healthcare Inc.

HCA has more than 50 hospitals in Florida, including five in Central Florida: the 404-bed HCA Florida Osceola Hospital in Kissimmee, the 221-bed HCA Florida Lake Monroe Hospital in Sanford, the 76-bed HCA Florida Poinciana Hospital, the 64-bed Oviedo Medical Center and the 64-bed UCF Lake Nona Hospital in partnership with UCF.

Meanwhile, Altamonte Springs-based AdventHealth has multiple projects under construction, including a new emergency room at Disney’s Flamingo Crossings Town Center set to open later this year.

Founded in 1908, AdventHealth’s Central Florida division includes more than 20 hospitals and ERs in the seven-county area in and around Orlando. Its hospitals and other outpatient services see more than 5.7 million patient visits annually. Nationally, the organization has more than $12.5 billion in annual operating revenue.

Click here to see the largest health care projects in the area that have yet to start construction, and find out who’s behind them

 

Source:  SFBJ

 

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Terra, HCA Healthcare Buy Pembroke Pines Development Sites

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Miami-based Terra and Nashville-based hospital giant HCA Healthcare acquired development sites in the Pines City Center mixed-use project in Pembroke Pines.

This was the final piece of a 66-acre property the city purchased and facilitated development on over nearly a decade. With this deal, the last piece of land under contract to private developers at Pines City Center has been sold, while the city retains land for its municipal uses.

The city sold 9.15 acres at the southwest corner of Pines Boulevard and Palm Avenue for $13 million to Pines and Palm Ave 2022 LLC, an affiliate of Terra. The site previously housed Pembroke Pines’ former City Hall, which was demolished.

The Terra affiliate then flipped 6.5 acres of that site to Davie Medical Center LLC, an affiliate of HCA, for $6.1 million. Davie Medical Center is the official name of HCA Florida University Hospital, which opened on the Davie campus of Nova Southeastern University in 2021.

Officials with HCA couldn’t be reached for comment regarding their plans for the Pembroke Pines site. The company does not have a hospital in the city.

Pembroke Pines granted plat approval for 120,000 square feet of medical office space on the property that was subsequently acquired by the HCA affiliate. A site plan has yet to be submitted.

For the 3.15-acre site retained by Terra, the city granted approval for 120 to 150 units of senior housing. Terra said it is in the planning stages for that parcel and has no renderings to share yet.

 

Source:  SFBJ

 

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Medical Office, Hospital Expansions Among Orlando’s Largest Proposed Health Projects This Year

adventhealth palm coast parkway

There’s no lack of health care projects in Orlando so far in the first six months of 2022 — bringing more construction and jobs into the area.

Major care systems like AdventHealth and Orlando Health are finishing up respective projects estimated in the millions of dollars.

For example, Orlando Health has plans to wrap up its $341 million, 370,000-square-foot Orlando Health Jewett Orthopedic Center during 2023. Also, Altamonte Springs-based AdventHealth is finishing its 12-story, 300,000-square-foot Innovation Tower medical office building in downtown Orlando later this year and is preparing a new freestanding emergency department and medical office on the former site of The Holy Land Experience in Orlando’s Millenia neighborhood.

Nationally, the activity is following the same trend. Raleigh, North Carolina-based FMI Corp. expects health care construction spending in the U.S. to go from $53 billion in 2022 to $62 billion in 2025. That is due to demand for services for an aging population and the addition of people to certain parts of the country.

Jeff Butler, senior pre-construction manager in Florida for Birmingham, Alabama-based Robins & Morton, previously told Orlando Business Journal his company has seen a lot of local health care systems and companies invest in facilities due to the area’s population growth and other factors.

“We are seeing more health systems add capacity to their hospital campuses, from inpatient beds to emergency, imaging and specialty care services,” Butler said. “We believe some of this is a response to the lack of bed availability throughout the Covid pandemic, but we also believe it’s a reaction to aging infrastructure.”

Here are some of the largest health care projects proposed so far in metro Orlando:

Healthcare Trust of America Olympus medical office

  • Cost: Estimated at $100 million
  • Description: Healthcare Trust of America (NYSE: HTA) has proposed 175,000 square feet of space, including a 96,000-square-foot building in the first phase inside the Olympus mixed-use development in Clermont. The Scottsdale, Arizona-based company is targeting the start of construction either this December or January 2023.

AdventHealth’s two new medical office buildings

  • Cost: Roughly $30 million each, $60 million total
  • Description: AdventHealth will open a new three-story, 58,000-square-foot medical office building with an outpatient surgical center at 950 Rinehart Road in Lake Mary early next year and a new two-story, 36,000-square-foot medical office building will open at 5821 S. Williamson Blvd. in Port Orange in October. Both projects are located next to existing freestanding emergency rooms.

HCA Florida Poinciana Hospital expansion

  • Cost: $9.9 million
  • Description: HCA will build out 13,000 square feet of shell space in the hospital, expanding the hospital’s intensive care unit capacity from six to 12 bed and adding 18 inpatient beds to reach a total of 94. The project is expected to wrap up in spring 2023 after starting construction in May.

Orlando Health Center for Rehabilitation conversion

  • Cost: Not listed
  • Description: Orlando Health is establishing its first rehabilitation hospital in the region by converting the Orlando Health Center for Rehabilitation on the campus of Orlando Health – Health Central Hospital in Ocoee into a 54-bed inpatient facility. The hospital will have room to expand up to 100 beds in the future and is expected to start taking patients in 2023.

HCA Healthcare Inc.’s new Lee Vista emergency room

  • Cost: Not listed
  • Description: The Nashville, Tennessee-based (NYSE: HCA) health system filed plans with the city of Orlando for a 10,860-square-foot, one-story freestanding ER at 5597 Lee Vista Blvd. in Orlando, where it has a ground lease. A timetable for the facility to be built has not been announced yet.

 

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HCA Healthcare Hospital Buys Lake County Land

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HCA Florida Lake Monroe Hospital — formerly Central Florida Regional Hospital in Sanford — bought 3.01 acres at 16831 U.S. Highway 441 in Eustis for $3.06 million, according to recently updated Lake County records. The hospital, owned by Nashville, Tennessee-based HCA Healthcare Inc., bought the property from the Vaughn Family Trust in December.

The for-profit company has 11,000 physicians and 77,000 employees in Florida at 49 hospital campuses, 350 physician practices and freestanding emergency rooms and over 50 urgent care centers.

 

Source:  OBJ

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HCA Florida Hospital To Build $100 Million, 5-Story Tower In Fort Pierce

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Fort Pierce-based Lawnwood Regional Medical Center & Heart Institute, owned by Nashville, Tenn.-based HCA Healthcare, will invest $100 million into a five-story tower, according to TCPalm. 

Construction on the 92,500-square-foot tower is expected to start Jan. 11. It will be completed in several phases.

The first phase of construction, expected to be completed in 2023, will include building the first three floors of the tower. The first phase will add 32 medical surgical beds, three operating rooms and expanded preoperative and recovery areas.

Phase two will add a new emergency department, while phase three and four will add the fourth and fifth floor and create space for more beds.

The fifth phase includes building a 550-space parking garage.

 

Source:  Becker’s Hospital Review

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