A good barometer for patient money. Wiregrass Ranch is entitled for 6 million square feet for office and medical office, 2.7 million for retail, and more than 1,000 hospital beds. Roughly half of that was built in 2019, a year before the pandemic. It is one of a dozen or so master-planned unit developments in Pasco County.
The Stemmons Corridor is seeing a rebound, with multiple property sales and plans for construction. The growing interest in the area is due to the local boom in medical and life science operations.
The Cross Ridge Exchange, a 16-building, mixed-use project with roughly 100,000 square feet of retail, restaurant and medical/office space, will rise on 11.3 acres along U.S. Highway 27 in Clermont. The goal is for construction to begin in the first quarter of next year, with an anticipated delivery by the end of 2023.
The Brevard County Commission voted 3-0 on Tuesday, July 19th, to approve a required zoning change and a series of waivers to build a new hospital and “wellness village. The approval puts Health First on track to break ground on construction of the project in early 2023 and to open the massive facility in 2025.
The four-story tower has 32 medical/surgical beds. Additionally, the project expanded pre-operative and recovery areas and added three operating rooms.