Adventist Health System Makes $8M, 67-acre land purchase
December 20, 2016: Adventist Health System has bought 67.24 acres of land in the Orlando area’s Lake Nona community for a sale price of $8 million.
The Orlando Sentinel reports that the land was purchased from the Daryl M Carter Trust and contains 10 acres of submerged property as well as an additional portion that is considered to be agricultural waste property.
The Orlando Business Journal says the land could be the future site for a freestanding emergency room and eventually a new acute care hospital.
Florida Hospital Orlando CEO Daryl Tol told the Orlando Business Journal in an earlier interview that blossoming communities like Lake Nona were of interest to AHS.
“We’re looking at growing communities and ones that are becoming quite large like Lake Mary and Lake Nona. Travel times to traditional ERs [on a hospital campus] are quite long now from these communities. We’re able to put ER services closer to where new communities are developing,” he said.
The new property adds to the Adventist Health Systems portfolio in the area as the Florida Hospital Health Park lies just south of the land purchase.
Photo of Adventist Health System headquarters in Altamonte Springs, Florida Ahs856 • CC BY-SA 4.0