More medical-related space is scheduled to open in Orlando next year than in at least the previous four years combined, according to an article on the Orlando Sentinel website.
A report by commercial real estate brokers Cushman & Wakefield tracked the medical office market for the four-county Orlando metropolitan area and projected that more than 2 million square feet of hospital and healthcare office space will open in the region next year. Typically, the market gets about a fifth of that amount, according to the article.
"Just about every hospital is adding new towers," said Anne Spencer of Cushman & Wakefield. "Most of the new construction over the next 12 to 24 months will be done by a hospital system, not by physicians' groups."
Construction includes new Florida Hospital facilities in Apopka and south of Winter Garden. In addition, about 100,000 square feet of medical office space is to come on line at Lake Nona's Medical City in southeast Orlando.
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