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Encompass buys vacant site for rehab hospital in Osceola County | Orlando Business Journal

Maury L. Carter & Associates, Inc. represents Encompass Health and handled the real estate transactions in the acquisition of the three sites (Kissimmee, Altamonte Springs and Clermont) mentioned in this article.

By Ryan Lynch  –  Staff Writer, Orlando Business Journal
Jan 14, 2022, 4:04pm EST

A Birmingham, Alabama-based rehabilitation hospital company has bought the land for its proposed Kissimmee facility.

Encompass Health Corp. (NYSE: EHC) bought a 7.41-acre property on Sadina Street in Kissimmee for $5.95 million on Dec. 17, according to Osceola County records. The site — purchased from RW Management Limited — is located near the southwest corner of Vineland Road and Calypso Cay Way.

In addition, the hospital owns its Altamonte Springs facility and bought land for a 100-bed, 83,500-square-foot rehab hospital in Clermont. The Clermont hospital will be built out in multiple bed phases, with 50 beds and 54,700 square feet in Phase 1. Two additional phases with 20 beds and 30 beds, respectively, would be built as part of a 28,800-square-foot expansion. Encompass Health’s goal is to open the Clermont hospital this year.

Read the entire article here: https://www.bizjournals.com/orlando/news/2022/01/14/encompass-buys-vacant-site-for-rehab-hospital.html

 

 

 

 

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