US developer launches medical real estate project
Property developers in the US are to build a swish condominium complex designed specifically with doctors in mind Bayshore Land Group is to construct Royal Palm Square in Coral Springs, Florida, just two minutes from two major hospitals and in the heart of one of South Florida’s biggest suburbs.
Officials will attend a groundbreaking ceremony on June 26th ahead of full construction work on the palm-lined complex. Bayshore Land President Jay Fertig said:
“Despite a challenging real estate market, we are pleased to move forward with Royal Palm Square. Coral Springs has been very supportive and we look forward to providing them with a quality addition to their community.”
A Bayshore statement read:
“The Mediterranean-style setting allows tenants full flexibility of design and amenities and custom build out options including marble tile, granite countertops and wood cabinetry.”
The company was founded in 1998 and aims to identify undervalued and untapped real estate market opportunities. Some of its end-user tenants include the likes of Wal-Mart and Burger King, and its services include acquisition, entitlement administration and commercial and residential development. The group is also building Harbor Professional Centre, a medical campus which includes a general surgery and imaging departments.
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Comment by Clarence Scott — August 11, 2008 @ 9:49 pm