Miami Has Cooled - But Only Slightly Fewer Hospital Plans Are In The Pipeline, But There’s Still Lots Of Action
Healthcare Real Estate Insights | By: John Mugford
Two years ago, the Miami-Dade County healthcare development scene was so robust that observers likened it to the “Wild West.”
“It looks like most of the hospital systems have either completed, started, or started to plan their major rounds of projects,” said Kenneth Weston, a medical office developer and consultant with Miami-based Kenneth Weston & Associates, Inc.
Mr. Weston has his hand in the marketing and development of several medical office projects, including two near Baptist Health South Florida’s future Homestead facility. One is the Portofino Professional Center, a 60,000 square foot facility being built next to the new hospital. The other is the 90,000 square foot Portofino Plaza, which also includes retail and other space.