Medvest Breaks Ground On Tampa Area Medical Facility

Joe Baugh AdventHealth Wesley Chapel Groundbreaking

WESLEY CHAPEL, FLA. (5/22/2019): Medvest is expanding its healthcare development footprint in Florida with its third medical facility in the state. The new 96,000-square-foot, three-story medical office building will be the latest addition to AdventHealth Wesley Chapel campus, in partnership with Moffitt Cancer Centers.

“We are honored to help AdventHealth and Moffitt Cancer Center capitalize and develop this exciting new $44+ million project,” said Joe Baugh, partner of Capital Growth Medvest. “This brings together two of the nation’s most innovative health organizations to better serve Pasco County and surrounding areas.”

This project is expected to impact the Wesley Chapel area through an estimated addition of up to 150 on-site construction positions. Post-construction, Medvest anticipates a wide array of new high-paying positions to staff the new medical office building. HuntonBrady Architects, a local Florida firm with an office in Tampa, master planned the campus and its facilities.

“The new building will mirror the medical office building that already sits on our campus,” Denyse Bales-Chubb, president and CEO of the AdventHealth Wesley Chapel hospital told Tampa Bay Times. “The goal is to make cancer care as convenient as possible.”

“We strive to provide world-class cancer care close to where people live and work,” said Alan F. List, MD, president and CEO of Moffitt Cancer Center. “Expanding Moffitt’s brand of oncology care, treatment and research in Pasco County helps us accomplish this goal. Moffitt also is responding to the growing incidence of cancer in Florida, as the state’s population continues to grow and age.” 

Upon completion, the new multi-specialty MOB will offer a range of treatment options, including an ambulatory surgery center, cancer center, clinic, orthopedics, physical therapy, classrooms for teaching, and a retail pharmacy.

Brasfield & Gorrie, a preferred national construction partner for Medvest, is the project’s general contractor. The new facility is expected to be complete in 2020.

About AdventHealth, West Florida Division
The West Florida Division of AdventHealth has some of the nation’s brightest medical minds making lifesaving breakthroughs with surgical pioneers, scientists and researchers using leading edge technology and innovation to deliver our brand of whole-person care. We are more than hospitals, as we have a robust system of care including specialty acute care, over 200 primary care and specialty employed physicians, Express Care at Walgreens clinics, urgent care centers, wound care, physical therapy and home health care.

About Moffitt Cancer Center
Moffitt is dedicated to one lifesaving mission: to contribute to the prevention and cure of cancer. The Tampa-based facility is one of only 50 National Cancer Institute-designated Comprehensive Cancer Centers, a distinction that recognizes Moffitt’s scientific excellence, multidisciplinary research, and robust training and education. Moffitt is a Top 10 cancer hospital and has been nationally ranked by U.S. News & World Report since 1999.

About Medvest
Capital Growth Medvest, based in Birmingham, Alabama, helps medical facilities operate efficiently through real estate development and funding support. Its founders have completed well over $1 billion in healthcare developments and acquisitions, allowing them to find solutions to even the most complex transactions. Medvest delivers the knowledge, relationships and resources to help reach a facility’s goals.

Comments or Questions:

Capital Growth Medvest:
Joe Baugh
Partner / Director
(205) 969-7140