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UCF-HCA joint venture secure more land for Lake Nona teaching hospital

 

is putting more property into play for a new teaching hospital it’s building with Hospital Corp. of America in ‘s .

The UCF Board of Trustees on June 20 approved assigning UCF’s option to buy an 11.4-acre site on Lake Nona Boulevard — which is adjacent the 25-acre parcel already set aside for the UCF Lake Nona Medical Center teaching hospital — to Central Health Services, a joint venture between UCF and Nashville, Tenn.-based HCA (NYSE: HCA). The option, which is set to expire on June 25, would allow completion of the planned hospital campus and facilitate future growth, documents showed.

Central Florida Health Services would buy that parcel for about $6.8 million, or $600,000 per acre, from Development Co. LLC’s related Lake Nona Land Co., documents showed. The land is now appraised at about $10.4 million, according to Orange County records.

The purchase is expected to close by the end of June.

“We are thankful to the trustees for giving us this opportunity to acquire more land for the UCF Lake Nona Medical Center. The approval provides space for a growing hospital – and more equity for UCF,” UCF College of Medicine Dean Dr. Deborah German told  Journal in an emailed response. “We are eager to open this university hospital for our community, patients, physicians, researchers, and learners.”

The first phase of on the 100-bed UCF Lake Nona Medical Center is set to start on Oct. 25, and the property will open in 2020 next to the UCF Health Sciences Campus, between the UCF College of Medicine and Sanford Burnham Prebys Medical Discovery Institute at Lake Nona. UCF plans to take over the Sanford Burnham’s assets once the institute vacates the property.

The university also is considering relocating its nursing college to Medical City.

Meanwhile, the new UCF Lake Nona Medical Center will help fulfill German’s goal of creating an environment that includes a great hospital affiliated with a top-notch medical school. The hospital will be a living/learning lab for training medical, nursing, physical therapy, pharmacy and social work students in teamwork skills and communication.

“If you’re sick and have exhausted all the treatments of your local hospital, where do you go for the next level of care? Many people say Harvard, Johns Hopkins, Stanford, Cleveland Clinic. All of those are teaching hospitals,” German previously said.

The UCF Lake Nona Medical Center also will address a serious statewide lack of doctors. The Teaching Hospital Council of Florida and the Safety Net Hospital Alliance of Florida forecast that the state will have a shortage of 7,000 physician specialists by 2025. UCF started building residency programs a few years ago to address the shortage and now has 255 slots and expects to have more than 560 by 2020 through the partnership with HCA, German has said.

UCF plans to move its Research Park nursing school

 

The University of Central Florida’s College of Nursing has outgrown its current location in Research Park and the school wants to build it a new home in .

faculty members are seeking approval on May 24 for a concept that will lead to a potential operating lease arrangement for a future Health Sciences and College of Nursing building near the existing College of Medicine.

The change is part of UCF’s plan to create several new colleges by July 2, including an Academic Health Sciences Center and the College of Health Professions & Sciences at Lake Nona, which eventually will include the College of Medicine and the College of Nursing. The goal is to help better organize the campuses to connect students with employers from industries in which they are earning degrees.

A presentation submitted by UCF College of Medicine Dean Dr. Deborah German and UCF College of Nursing Dean Mary Lou Sole says the UCF Real Estate Foundation will sell one of 50 acres of Lake Nona gift land to Alter+Care at fair market value for the project. Alter+Care is an existing partner with UCF that develops and finances health care, educational and outpatient facilities.

The proposed plans say Alter+Care would provide an operating lease for a Health Sciences and College of Nursing building adjacent the College of Medicine.

Alter+Care would design, build and finance a 150,000-square-foot building, with 90,000 square feet for College of Nursing and 60,000 square feet reserved for expansion and future Academic Health Sciences Center use, documents showed.

In exchange, UCF would offer a 25-year lease with renewal options for $17 per square foot, or $2.6 million. UCF will maintain the building, which the university estimated will have $1.5 million in operating expenses.

If the UCF Board of Trustees approves the plans, the next step is for Alter+Care to create schematic drawings of the building and develop the final terms of the operating lease.

  • Develop of schematic drawings and complete due diligence: June-October 2018
  • Finalize operating lease terms: October-December 2018
  • to start: January-June 2020
  • Targeted opening date: Spring semester 2022

The College of Nursing has nearly 3,000 students across three campuses, and colleges are being encouraged to produce even more as the state expects a shortage of 50,000 registered nurses by 2025, according to UCF.

The new college building would join the nearby UCF and Hospital Corp. of America’s (NYSE: HCA) 100-bed teaching hospital, which will be built in Lake Nona and open in 2020.

It also would pair nicely with the existing Sanford Burnham Prebys Medical Discovery Institute’s Lake Nona facility, whose assets UCF is seeking to take over and turn into a cancer research center.

“A campus containing all of UCF’s health-related programs will move one step closer to becoming a global destination for education, research and patient care — the Johns Hopkins of the future, only better,” German previously said regarding UCF’s plans to establish an Academic Health Sciences Center in Lake Nona.

USTA National Campus to expand

The U.S. Tennis Association National Campus revealed that it wants to score more land for a future expansion to its 64-acre Lake Nona campus.

The $100 million campus, the largest tennis training center in the nation, wants to acquire adjacent land from developer Tavistock Development Co. LLC, Kurt Kamperman, the ‘s chief executive for community tennis and the campus, told  Business Journal during the Orange County Property Appraiser’s 2018 State of event on May 9.

was not immediately available for comment.

Kamperman said he’s talking with Tavistock about “trading a few pieces of land” for the expansion and that the newly acquired land would be within 100 yards or so of the existing USTA campus. “We’re working with Tavistock to find some adjacent land that would give us the opportunity to build a small stadium court for events and possibly have additional indoor courts.”

The reason behind the need for more indoor courts is basic: During the rainy season in July and August, the organization has only six indoor courts for people to use, Kamperman said.

Meanwhile, adding a small stadium court/amphitheater will allow the USTA campus to accommodate larger tennis events. “We would like the ability to host the Davis Cup or Fed Cup and the ability to host smaller professional events,” Kamperman said. “It’s not a set plan, but we would like to have that opportunity down the road.”

The campus currently has 100 tennis courts ranging from green clay to hard, acrylic cushion courts, indoor courts and European Terre Davis red clay. It also incorporates smart technology, allowing the players to record and review their movements, mistakes, and training.

Airport exec shares more on Brightline’s timeline, plans

 

 

All Aboard Florida’s -to-Miami Brightline passenger train is making progress with the Orlando International Airport portion of its route.

The $3.5 billion Brightline train will soon be moving into the airport’s Intermodal Terminal Facility where it, along with SunRail and an undetermined light rail, will be housed.

Stan Thornton, Greater Orlando Aviation Authority COO, said the crew will be moving in as early as next week. “They are going to start setting up in their office in the Intermodal Terminal Facility that they’ve been constructing out. Planning and engineering officers are going to be down in there,” said Thornton.

Thornton added that with the latest conversations between the airport and Brightline officials, it looks like they will be ready to start on the property in June/July where there will be physical construction on the airport’s property. “What they’ve told us is that from the time they actually start, they have a 30-month construction schedule to get that done,” Thornton said.

The timeline sets it up for Orlando’s leg to be operational by the end of 2020 or the beginning of 2021. But there’s still a lot of work to do before then.

“They have a lot of work to do for mass grading. They are going to be coming down from State Road 528, and they are going to be coming to our property from past Narcoossee Road through Lake Nona. They start to come on the property on the northern edge underneath Goldenrod Road. All of that has to be mass graded,” Thornton said.

The only part of the route that hasn’t been built out to have rail go underneath it is the Cargo Road interchange with the Jeff Fuqua Boulevard exit to the north. Thornton said there will be a reconstruction of those bridges and ramps in that area so that they can get the train underneath there and continue down underneath the north cross-field taxiway. Plus, there will be a need to fill in the ponds.

The Intermodal Terminal Facility itself is already prepared for Brightline.

However, the first goal of Brightline will be to get its 70-acre Vehicle Maintenance Facility built on Orlando International Airport property. Once that’s up, Brightline can assemble all its locomotives and cars, and work the rail line route back to South Florida.

The entire Brightline route will cover 235 miles.

The train started operations in January connecting from West Palm Beach to Fort Lauderdale.

For a look inside the Brightline train, check out sister paper South Florida Journal‘s gallery.

KPMG’s revamped plans for Lake Nona center

 

 

 

 

 

Good morning, Orlando!

New York-based audit giant KPMG LLP is revamping the plans for its 55-acre training center.

If you recall, KPMG received $3.8 million in economic development incentives for the training center project, including $3.5 million in tax rebates from Florida and the city of Orlando for a seven-year period and a $320,000 Qualified Target Industries tax refund through the state, which is expected to create 80 jobs by 2019.

More here on what KPMG is requesting approval from the city to change.

The new KPMG center is expected to boost the local by bringing thousands of employees into the market, creating new jobs at the facility and hundreds of third-party contract operator positions.

And be sure to check out these other Thursday headlines:

Hard Rock HQ’s Orlando departure to result in 184 layoffs

Orlando-based casino, hotel and restaurant operator Hard Rock International Inc. told the state via a Worker Adjustment and Retraining Notification notice, that it will lay off 184 workers starting in April through July. The company said the layoffs will be permanent. More here.

First look: Lake Nona teaching hospital plans reveal future expansion

The University of Central Florida and HCA Healthcare’s application for a new teaching hospital in Lake Nona gave a first look of the new facility and the medical spaces it will create. More here.

Orlando ‘Shark Tank’ star to roll out products in Walmart this month

Hummus king Jesse Wolfe has scored one his largest deals yet. His company O’Dang Hummus, featured on CNBC’s show “Shark Tank,” last summer struck a deal with Wal-Mart Stores Inc. (NYSE: WMT). And now, he will roll out his hummus salad dressing in 2,000 Walmart stores and neighborhood markets this month.

Ridership of Brightline — which eventually will extend to Central Florida — has exceeded expectations since the train began service between Fort Lauderdale and West Palm Beach, CEO Patrick Goddard told an audience at the Greater Miami Chamber of Commerce luncheon Wednesday. More here.

Florida House Speaker Corcoran says budget deal reached

House Speaker Richard Corcoran, R-Land O’ Lakes, indicated Wednesday afternoon that legislative leaders have reached agreement on a budget for the fiscal year that starts July 1. More here.

Disney opens StudioLAB to build VR, AI ‘entertainment experiences’

Walt Disney Studios is launching an initiative dedicated to virtual reality and artificial intelligence. StudioLAB will reimagine, design and prototype entertainment experiences and production capabilities to promote feature films, as well as music and stage plays.

Lake Nona teaching hospital plans reveal future expansion

The University of Central Florida and HCA Healthcare’s application for a new teaching hospital in Lake Nona give a first look of the new facility and the medical spaces it will create.

Development Co. is seeking approval to build the UCF Lake Nona Medical Center, which will include a three-story teaching hospital with 64 beds and shell space for another 16 beds, a 60,000-square-foot, three-story medical office building, a power house for utilities, a helipad and 592 parking spaces.

The plans, which are waiting approval for the first phase, show that would later expand the first floor of the hospital and build a future bed tower.

The hospital is slated to open in 2020 on undeveloped property adjacent the UCF Health Sciences Campus currently used for agricultural purposes.

The hospital would sit between the UCF medical school and the building housing the Sanford Burnham Prebys Medical Discovery Institute at , which UCF plans to take over once the institute vacates the property. UCF has waited for nearly a decade to establish a teaching hospital.

“Every great medical school has a teaching hospital, and great hospitals are affiliated with top-notch medical schools. If you’re sick and have exhausted all the treatments of your local hospital, where do you go for the next level of care? Many people say Harvard, Johns Hopkins, Stanford, Cleveland Clinic. All of those are teaching hospitals,” Dr. Deborah German, UCF’s first dean of the College of Medicine in Lake Nona, previously told Orlando Business Journal.

Once completed, the hospital will be a living/learning lab for training medical, nursing, physical therapy, pharmacy and social work students in teamwork skills and communication.

The main access to the hospital will be provided from Lake Nona Boulevard with secondary access points from Laureate Boulevard, Humboldt Drive and Drive.

City, county favor UCF to take over Sanford Burnham’s Lake Nona

Orange County Mayor Teresa Jacobs and Mayor Buddy Dyer both favor proceeding with negotiations between the University of Central Florida to take over Sanford Burnham Prebys Medical Discovery Institute at , according to recent correspondence between the two government officials.

After a contentious Jan. 23 county commission meeting,Florida Hospital sent a Jan. 30 letter to each local funding partner officially withdrawing its proposal for  from consideration. “That currently leaves us with the proposal, which again is the one that was preferred by the county,” wrote Jacobs in a Feb. 2 letter to Dyer and the Tavistock Group.

She goes on to say that UCF is proposing to lease the medical facility on a long-term basis and provide rent payments estimated at $2 million to the funding parties. UCF said it would work with the Sarah Cannon Research Institute in Nashville,Tenn., Hospital Corp. of America (NYSE: HCA), Provision HealthCare and Altercare as partners.

Jacobs said the purpose of her letter is to set a date with stakeholders to determine if everyone favors moving forward with the UCF proposal.

Dyer responded to the letter on Feb. 6: “Given the need to move forward in a timely manner and that no other proposals have been brought forward after the public presentations, the city of Orlando supports negotiating with UCF to lease the site currently occupied by  Burnham Prebys. This includes developing the appropriate draft agreements and bringing them to the city of Orlando and for review and consideration.”

However, Dyer indicated one concern is UCF’s timeline for when it will occupy the building. “Since the [Board of County Commissioners] supported the proposal with a less definitive timeline [compared to Florida Hospital], we would expect that should negotiations not be completed before [Sanford Burnham] vacates the facility, Orange County would be responsible for any ongoing maintenance and operations of the building created by a gap in tenancy.”

He concluded his letter stating that the UCF medical school has been a catalyst for growth and is confident about working with it.

“We now have the opportunity to meet with Sanford Burnham Prebys, finalize our proposal and present a complete plan to Orange County officials. We are eager to create an academic cancer research and treatment center that will serve our community – patients, researchers, providers and taxpayers,” Dr. Deborah German, dean of the UCF College of Medicine, told Orlando Business Journal.

$1B ‘Vertical Medical City’ downtown Orlando

-based developer Ponte Health Properties LLC wants to create what it calls “Vertical ” in Orlando — a $1 billion three-tower complex.

The proposed, privately-funded development would deliver medical services for people age 60 and older, ranging from preventive to critical care and assisted living.

Conceptual renderings show three connected towers with a total of 2 million square feet, and one of the towers would be 550 feet tall, which is 100 feet bigger than the SunTrust tower.

One of the towers would be for urgent care, surgery and recovery. Another would be for assisted-living for those age 60 and older, and the third building would be for physician and clinical offices. Health wants to have studio apartments for physicians and registered nurses as part of the project, as well as meditation gardens and a nutritional center.

“Six weeks ago, we didn’t know we were going to be building this project,” Ponte Health founder Tabitha Ponte told Orlando Business Journal. “It was not intended to be a full-scale development. It was an exercise to see the capabilities of our group for creating something like this for Chicago. But as we progressed and presented our project to health care professionals, we started receiving interest and we explored it.”

Ponte estimates the project will create more than 1,000 jobs, and she expects it to have a $2 million-$3 billion annual economic impact, based on similar health care developments.

The company, which is seeking an equity partner, said “a major health system has stepped forward with intent to lease one of the three towers” and operate the emergency and surgical part of the project, but Ponte declined to reveal the identity of the medical partner.

Orlando Health, Florida Hospital and Lake Nona’s GuideWell Innovation Center, which is where Ponte Health has its office, all told OBJ that they are not involved in the project.

Ponte Health currently is looking at building the project on the surface parking lot at 110 W. Jefferson St., according the city of Orlando. Nothing formal has been submitted to the city regarding the Vertical Medical City at this time, although the city has received two conceptual photos and an inquiry.

Ponte said she also is looking at several other downtown sites and will need just 1.5 acres to build on, and she wants to close on a site within the next 90 days.

Ponte Health also has considered building the complex near the future Lake Nona teaching hospital that will be built by the University of Central Florida and Hospital Corp. of America (NYSE: HCA), but Ponte has not talked to or Lake Nona developer Tavistock Development Co. about that idea.

If the development does get built in downtown Orlando, it would be between the Florida Hospital and Orlando Health downtown campuses, but Ponte said the new Vertical Medical City wouldn’t compete with them. “We are doing something different; it’s a particular demographic we are serving. My scale would be significantly lesser and specialize in a hospice and assisted living. I’m trying to create an experience for a demographic that’s not currently being taken care of. It will be a contemporary experience — modern with extensive green spaces within the building itself. I want it to feel like you’re still outside.”

She said the project also will also be high-tech with artificial intelligence systems and other technologies to help patients. “When I was a hospital patient after suffering a small stroke, I kept thinking, ‘Why is the building not helping me?’ That’s what’s really driven this company and project — our intent about the building helping the patient.”

Ponte said the group has a Feb. 8 pre-application meeting with the city of Orlando.

Here is the projected timeline of the project:

  • Approval for development: Summer/fall 2018
  • Foundation/site package: Spring/summer 2019
  • Break ground: Fall/winter 2019
  • Building package: Spring/summer 2020
  • Vertical construction: Winter/spring 2020
  • Construction completion: Winter/spring 2023
  • Occupancy: Summer/fall 2024

Florida Hospital no longer seeks Sanford Burnham assets

 

 

 

 

Good morning, !

Hospital has withdrawn its plan to establish a cancer-research facility in the Sanford Burnham Prebys Medical Discovery Institute at Lake Nona. The University of Central Florida had a similar competing proposal for Sanford Burnham’s assets.

The hospital’s decision to pull out of the competition comes after a Jan. 23 county commission meeting where the University of Central Florida and Florida Hospital presented their competing proposals to take over the assets of the Sanford Burnham Prebys facility as the institute winds down its local operations.

Florida Hospital, which would have teamed up with Tampa’s H. Lee Moffitt Cancer Center, wanted to transform the 175,000-square-foot facility into a National Cancer Institute-designated comprehensive cancer center, which would be a first in Central Florida, and create hundreds of high-wage jobs.

However, unbeknownst to Orange County, Florida Hospital entered into an exclusive agreement with Sanford Burnham, a secret deal that ultimately backfired. At the end of the county meeting, most of the commissioners said they favored transferring the Sanford Burnham assets to and/or making this an open bid process.

The next step for the county is either to select UCF’s proposal and negotiate the transfer of assets or request more proposals as part of an open process.

And be sure to check out these other Wednesday headlines:

Lake Nona parent launches Tavistock Hotel Collection

Billionaire Joe Lewis’  Group on Jan. 30 announced the launch of the new Tavistock Hotel Collection that will oversee two new hotels planned to break ground in this year. More here on what that means for the community.

Speaking of Lake Nona … Tavistock expects public transit to drive sports growth

When it comes to bidding for the 2026 FIFA World Cup and other major sports events we want to lure to Orlando, we fall short when it comes to one key component: public transportation. So said Andy Odenbach, vice president of Tavistock Sports Ventures, who thinks the region needs to up its game in that sector. More here.

Hyatt Regency Grand Cypress hotel near Disney to add rooms

The Grand Cypress Resort plans to add 29 hotel rooms, bringing its total to 779. Based on industry estimates, the additional 29 rooms may cost roughly $11.2 million. The change for the land use plan was filled on Jan. 29 to the Orange County development review committee. More here.

New leader named for Orlando Regional Chamber of Commerce

The Orlando Economic Partnership has named John F. Davisas the new executive vice president of Orlando Inc., the Orlando Regional Chamber of Commerce, which is a partnership division focused on helping businesses and entrepreneurs. More here.

McDonald’s bests Nike, Apple as most visible brand on social media

McDonald’s reigns as the most visible brand on Twitter and Instagram, beating out the likes of Nike, Coca-Cola, Google and Apple. The fast-food chain’s logo, on average, is featured in almost 890,000 Twitter and Instagram posts per month, according to Statista.

Here are changes planned for UCF’s downtown and Lake Nona campuses

 

 

The University of Central Florida plans to create some new colleges for UCF Downtown and Lake Nona, while eliminating others from the main campus

The creation of the new colleges will take effect July 2. “I see these changes as opportunities for to be a national leader in inventing 21st-century higher education and best preparing our students for the world of graduation,” UCF Provost Dale Whittaker said in a prepared statement.

UCF will create an Academic Health Sciences Center and the College of Health Professions & Sciences at Lake Nona, which will include the College of Medicine and the College of Nursing. As a result, the College of Education & Human Performance and the College of Health & Public Affairs on UCF’s main campus no longer will exist.

The programs that will move to the College of Health Professions & Sciences at Lake Nona include:

  • School of social work
  • Communication sciences and disorders
  • Sports and exercise science (that will be renamed kinesiology)
  • Physical therapy
  • Athletic training

UCF hasn’t yet identified the dates for those programs will move to Lake Nona, however, that will not happen before 2020. “This restructuring aligns our strengths in areas of opportunity and organizational changes that will better position our students, faculty and staff for the future,” said Whittaker.

UCF also will create an urban innovation and education college that will anchor UCF Downtown, said Whittaker. It will focus on civic engagement and governing, safety and justice, and health.

UCF Downtown also will get a new interdisciplinary, inter-college school with programs that redefine content creation, digital art and communication for the 21st century. It will include journalism, radio/TV, advertising/public relations and communication, and digital media, film and the Florida Interactive Entertainment Academy.

As the colleges are created and programs moved, the first to be relocated to the downtown campus in August 2019 include:

  • School of public administration
  • Health management and informatics
  • Legal studies
  • Public affairs doctoral program
  • Digital media
  • Communication

The geography and the timing of other programs moving downtown will be determined over the next several months.