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Development partnership submits plans for new rehab hospital in Altamonte Springs

A preliminary site plan application shows WB Development Partners wants to build a new 60-bed inpatient rehabilitation hospital in Altamonte Springs.
A preliminary site plan application shows WB Development Partners wants to build a new 60-bed inpatient rehabilitation hospital in Altamonte Springs. (City of Altamonte Springs/Seminole County Property Appraiser)

A preliminary site plan application for a new 60-bed inpatient rehabilitation facility was just submitted in Altamonte Springs.

Texas-based hospital operator, Nobis Rehabilitation Partners, is teaming up with WB Development Partners and New Era Companies on a project being planned on 4.2 acres on the northeast corner of Gateway Drive and Maitland Boulevard.

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City documents show WB Development Partners is seeking site plan approvals to build a three-story, 63,125 square-foot rehab center called Orlando Rehabilitation Hospital. According to its website, the hospital — the team’s first in Florida — is slated to open in 2023.

Nobis Rehabilitation Partners will manage the planned healthcare facility. VHB is the civil engineer.

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This is the third new rehabilitation hospital announced in Central Florida in the last six months. Each one represents at least a $25 million investment.

The development team is under contract to purchase the property from the current owner, Behn Properties Limited, led by attorney Lea Anne Groover.

A previous news release states the hospital will serve patients with “debilitating illnesses and injuries such as stroke, brain injury, and other neurological and orthopedic diseases and injuries.”

Orlando Rehab Hospital will be the fifth project for WB Development and New Era Companies. The partners are also active in Kansas, Wisconsin, and recently opened a similar healthcare facility in Indiana.

In a prepared statement, CEO and co-founder of New Era Companies Daryn Eudaly said he determined Florida would be a good market to enter because of its population growth and business-friendly legislation. He specifically mentioned the state’s elimination of the Certificate of Need requirement that was repealed in 2019.

Previously, the law required hospitals to apply to the state’s Agency for Healthcare Administration for CONs to build new acute care facilities or add specialized services, such as organ transplant programs.

From that day forward, the number of development plans for specialty and acute care hospitals has scaled up.

Earlier this year, GrowthSpotter reported that Encompass Health submitted plans in Kissimmee to build an 80-bed rehabilitation hospital.

The Fortune 100 health care company is also behind a planned 100-bed healthcare rehab center on State Road 50 in Clermont. The first phase will consist of 50 beds, the second phase will be 20 beds, and the third phase will be 30 beds.

Other active rehab hospital developers and operators in Central Florida include Pennsylvania-based Post Acute Medical (PAM).

The company and its development partner, Catalyst Healthcare Real Estate, filed construction plans for a 50,000-square-foot rehabilitation hospital in Tavares. The site is within the Lakeview medical office park, across U.S. 441 from the AdventHealth Waterman campus.

Everest Rehabilitation Hospital is also planning a rehab hospital in Kissimmee, as part of the Osceola Village Center master-planned community.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 491-3357, or tweet me at @amanda_rabines. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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