KISSIMMEE, Fla. — Orlando Well being has acquired a vacant parcel of land close to the Kissimmee Gateway Airport, signaling plans for future development in a quickly creating space.
The nonprofit well being system bought 2.24 acres on Osceola Village Drive for $3 million from Plaza Avenue Fund 201 LLC, in keeping with property data. Whereas the land is at present undeveloped and lacks a proper deal with, it’s zoned for industrial use. Orlando Well being mentioned the location will probably be used to fulfill “the area’s future well being care wants,” although particular plans haven’t but been disclosed.
The property sits throughout John Younger Parkway from the brand new Lancaster Ranch Park, a 150-acre metropolis park being developed in phases by the town of Kissimmee. The primary $5 million part opened in March and features a petting zoo operated by Inexperienced Meadows Petting Farm.
Close by, Everest Rehabilitation Hospital LLC is developing a 40,000-square-foot hospital at 2040 Osceola Village Drive. The power will provide 36 inpatient beds with area to broaden to 53 if demand will increase. A gap date has not been introduced.
Matthew Weinberger, vp at Lee & Associates Central Florida, mentioned the presence of the Everest hospital might affect how Orlando Well being develops its newly bought website. Potential makes use of embrace a freestanding emergency division or a multi-tenant medical workplace constructing. “That 2.2 acres is a reasonably cookie-cutter website for a 15,000- to twenty,000-square-foot buildout,” Weinberger advised Orlando Enterprise Journal.
He famous that well being care growth in Central Florida typically follows residential development, with outpatient amenities constructed to help increasing neighborhoods. The Kissimmee space has seen a pointy improve in inhabitants, rising from 59,682 residents in 2010 to an estimated 84,756 in 2024, in keeping with the U.S. Census Bureau.
The land is located close to a number of residential and industrial tasks, together with 137 single-family houses, the 316-unit Origin at Shingle Creek flats, and 302 townhomes within the Osceola Village growth. A brand new PJ’s Espresso location can be deliberate for a close-by retail middle.
Orlando Well being manages $12 billion in property and reported $7.2 billion in income for fiscal yr 2024. The system operates amenities in Florida, Alabama, and Puerto Rico, using greater than 38,000 employees members and 1,800 physicians. Up to now yr, it recorded over 242,000 inpatient visits and 6.9 million outpatient visits.
