BayCare to expand with its first hospital in Manatee County

cliggittvaluation • Apr 03, 2024

BayCare Health Systems has revealed construction plans for a new $548 million hospital – the first one for the Health System in Manatee County. The facility will have 154-beds and is planned to be on Moccasin Wallow Road, a growing area north of the intersection of I-75 and I-275, making it accessible to residents in southern Pinellas County.


BayCare Hospital Manatee will have an emergency room and facilities for orthopedic and specialty surgery, urology, gastroenterology, cardiology, diagnostic and interventional imaging, obstetrics, and neonatology according to a press release. Additionally, there will be a 45,000 SF building with outpatient services and offices for physicians.

Construction is slated to begin in October.


“At BayCare, our mission is to serve the community’s health and we are so excited to be deepening our commitment to the residents of Manatee County,” said Stephanie Conners, BayCare president and CEO in a statement. “As West Central Florida continues to grow and thrive, we are committed to investing in our communities to bringing high-quality and compassionate care closer to our communities.”


The new hospital will be the first in Manatee County built north of the Manatee River, an area that has been seeing lots of development in the past two decades. It will also be the first non-profit owned hospital in the county. BayCare says the hospital shows signs of commitment of the Health Care System to meet the needs of fast-growing communities in and around Tampa Bay. 


Source: TBT


Thank you for your interest. If you need Appraisal & Valuation services in the Sarasota-Manatee area, contact:

Mike Cliggitt, MAI, MRICS, CCIM

813.405.1705 - Direct Line

findvalue@cliggitt.com

SHARE CONTENT

By cliggittvaluation 29 Aug, 2024
Condominium Associations must be in compliance with new requirements by 2025.
By cliggittvaluation 06 Aug, 2024
At the end of January, MiTek, an international building supply company purchased 4 parcels that total just over 110 acres of land known as the North Tampa Bay Industrial Park for $9,250,100. The purchase price comes at nearly $83,700/acre. It has now been announced that a economic incentive deal between Pasco County, The City of Zephyrhills, and MiTek has been finalized with Pasco County Commission approving a 10-year, $3.15 million tax reimbursement package and workforce training grant. MiTek will open a new $77.6 million, 480,000 SF warehouse and manufacturing plant on the site and will manufacture steel connector plates and builder products for the construction industry. The site is one of the properties that the Pasco County Economic Development Council had marketed as a “ready site” for a major manufacturing operation. A requirement of MiTek for a new facility was to have the ability to connect to a current rail network with its own rail spur, and the site is near one of the main CSX lines, enabling the new site to be serviced. Bill Cronin, president and CEO of the economic development council expressed his excitement for the company to choose Pasco County for their Southeast Center of Excellence. The new development allows MiTek to retain 125 jobs at facilities in Largo and Tampa and creates 25 additional jobs. A $2.9 million incentive package that waives or reimburses transportation impact and permitting fees was approved last month by the city and the City of Zephyrhills will provide a job creation incentive grant that equals 50% of property taxes paid for the first 10-year period. David Engel, the planning and economic development director for Pasco says the average wage at the facility will be just over $70,000 which is 125% above the average wage for Pasco County. The first of three phases for site development that includes civil, geotechnical, and architectural research is already in process and phase two will follow once the company finalizes permits and contracts and they plan to break ground prior to the end of the year. MiTek has plans to complete the building by the end of 2025 and begin operations at the new facility sometime in early 2026. Source: Tampa Bay Times | Pasco EDC | MiTek
By cliggittvaluation 06 Jun, 2024
Later this month, the Hillsborough County Board of Commissioners will consider a land swap between Developer Daryl Shaw (Gasworx) and the Hillsborough County Sheriff's Office. The deal would lead to an eventual move of Hillsborough County Sheriff's Office out of their current location in Ybor to Grow Financials headquarters located at 9927 Delaney Lake Drive. Shaw is currently under contract to acquire the Grow Financial Headquarters, and that site is nearly three times larger with a decade's newer building in comparison to the Hillsborough County Sheriff's Office headquarters located at 2008 E 8 th Avenue. Grow Financial has announced they will relocate their headquarters into a new office building in Ybor which will be a part of the Gasworx development and is planned to break ground later this summer. Grow Financial currently resides on a nearly 24-acre site with a 5-story office building that is roughly 140,000 SF – which is twice the size of current HCSO headquarters. HCSO Headquarters is also only roughly over 8 acres. The Grow Financial site also has a three-story parking garage with around 500 spaces. Commissioner Michael Owen says, “Public safety is and always will be my top priority – without it, nothing else matters, we have an opportunity here to pursue an innovative solution to our Hillsborough Sherriff’s aging facilities and provide his team with a home that will serve future generations.” Shaw was quoted as saying “Whenever there’s a chance to collaborate for the benefit of taxpayers, the Sheriff’s office, and Ybor City, we are always going to be interested in those opportunities, we are fortunate to have forward-thinking public partners who are open to exploring possibilities that could lead to long-term advantages for the community.” Sheriff Chad Cronister is also in approval for the land swap, citing the potential for future growth and noting the lower costs for taxpayers. If approved, Shaw would exchange the Grow Financial site in exchange for the HCSO Headquarters. The land swap would allow reconnection of 9 th Avenue to restore the historic street grid and foster redevelopment of the HCSO parcels with residential and commercial use. Shaw also notes that preserving the historic casitas on 19 th Street will be a critical element of any redevelopment project posed for the area. The land swap is expected to be presented to the County Commission on June 20 th . Source: Tampa Free Press
More Posts
Share by: