Tampa, FL – Equity Inc. is pleased to announce the anticipated delivery of a brand new 36,000-square-foot, class-A medical office building near Baycare’s St. Joseph Hospital Campus in Tampa, Florida. The building is slated for completion in the fall of 2014, and will be the first multi-tenant medical office building constructed in the area in 30 years.
“This project enables us to keep pace with physician demand for office space near Baycare’s campus,” said Carleton Compton, Equity’s Vice President of Healthcare Leasing. Currently, the on-campus hospital building is at full capacity. Nicole Dagostino, Equity’s Healthcare Leasing Specialist, said, “The building is already getting a lot of traction, but naming rights are still available for the anchor tenant.”
“The two-story facility will have a covered patient drop off area with other amenities including ample parking (6/1,000) - a commodity that is scarce in the seasoned medical community. The building will also offer frontage on Martin Luther King Boulevard, which is considered the east-west gateway to the medical community,” said Phil Kirkpatrick, Senior Vice President of Development for Equity, Inc. Other new developments in the area include Panera Bread and Florida Cancer Specialist’s 36,000-square-foot facility, both adjacent to the site.
The total cost of the project is $7.25 million, which excludes the ground lease with Jesuit High School, the owners of the land. Equity, Inc. is both the developer and the contractor for the project and KRA architecture + design will provide planning and design services. Equity Inc. is a national brokerage, development and construction firm based in Columbus, Ohio. The company specializes in healthcare real estate services and has a strong presence in Florida, with offices in Tampa, Orlando, and a new office in Naples, serving the southwest Florida market.
Carleton Compton can be reached at (813) 490-9812 or [email protected], Phil Kirkpatrick can be reached at (813) 490-9803 or [email protected], and Nicole Dagostino can be reached at (813) 490-9813 or [email protected].