- January 25, 2026
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Hospital plans $350M expansion project
Families in Collier County will no longer have to travel for advanced pediatric and maternal health care thanks to a $350 million expansion to Naples Comprehensive Health North Hospital. NCH, Collier County’s largest health care system, announced plans last week to significantly expand specialized services for women’s and children’s care with a new, four-story complex to be built on the NCH North Hospital campus in Naples through a collaboration with Miami’s Nicklaus Children’s Hospital. The two health care systems have partnered for years to provide pediatric services at NCH North, the hospital says, and currently operates the only labor, delivery and neonatal intensive care unit (NICU) in Collier. The four-story, 156,000-square-foot pavilion will be built above existing emergency departments at NCH North and feature modern labor and delivery suites, advanced operating rooms, enhanced maternal-fetal medicine, advanced women’s health services and a level three NICU for very premature or critically ill newborns, the release says.
REIT acquires Oklahoma City hospital
Sila Realty Trust, the Tampa health care REIT, has bought an inpatient rehabilitation hospital in Oklahoma City. Nobis OKC was built in 2022 with 40-inpatient rehabilitation beds and this month completed an 18-bed, 9,100 square foot expansion. The now approximately 53,100 square foot, 58-bed facility is fully leased to and operated by Oklahoma City Rehabilitation Hospital. Sila paid $43.1 million for it. Sila is a “pure play” net lease health care REIT with, as of September, 140 real estate properties and three undeveloped land parcels in 67 markets across the U.S.
IV lounge coming soon to open air center
Revival IV Lounge, a health and wellness concept, is opening in Lakeland later this year. The company signed a lease for 1,826 square feet at the 460,000-square-foot Lakeside Village lifestyle center at 1489 Town Center Drive. Revival IV is described by the center’s leasing company as “combining medical expertise with a spa-like experience” with nurses administering Vitamin IV therapy. This is the company’s first area center. It has nine others in central Florida. Kristin Perry with Continental Realty Corp. represented the landlord. Nick Anthony of TSCG represented Revival IV.
Developer obtains nearly $35M for pair of projects
SteelHarbour Capital Partners, a suburban Washington, D.C. real estate investment firm, has secured $34.5 million in financing for two projects in Sarasota. The first is for $20.5 million from Bank OZK for the pre-development of Fifteen20, a planned 3.3-acre condominium and mixed-use development at 1520 Ringling Blvd. The second loan, for $14 million, is for the development of Honore Vista, a 32-acre master planned community in Nokomis. RMWC provided the floating-rate loan. Both loans were arranged by Berkadia. The firm’s Charles Foschini, Christopher Apone and Shannon Wilson worked on the packages.
County buys half an acre to expand park
Sarasota County has completed a $750,000 property purchase officials say will allow for the expansion of a county park in Englewood and provide waterfront access to Lemon Bay. The sale of 200 Winson Ave. closed Dec. 18, 2025, enabling the county to add the 0.48-acre site to Indian Mound Park. The seller is Anne G. Hammond, according to Sarasota County property records. A single-family home on the premises will be demolished to create park and water access, according to a proposal county staff provided to commissioners in May, which says the house and dock on the site were severely damaged by hurricanes Helene and Milton. The property contains 105 feet of shoreline and opportunities for fishing, birdwatching and sightseeing, according to a statement. Cabbage palms and mangroves are on the site, which has direct water access to Lemon Bay. It is adjacent to Indian Mound Park, which is at 210 Winson Ave., and the deal will enable the county to expand the park’s footprint. Following the acquisition, a concept plan must be developed for the combined sites. County officials say improvements could include parking, picnic shelter(s) and water access.
Nursery buys radio station land
A 6.5-acre parcel along Lorraine Road in Sarasota has sold. The property, once part of the family-owned radio station WKXY, was bought by Moon Valley Nurseries for $950,000. The property is at 1901 Lorraine. Moon Valley is a nationally known company that specializes in mature trees, palms, shrubs, and full-service landscape products. It has 45 locations in seven states. Loyd Robbins of Loyd Robbins & Co. was the listing agent. Terry Eastman of Michael Saunders Commercial represented Arizona-based Moon Valley.
Restaurant company to demolish office building
The Harbour Square office building on Longboat Key, built in 1984, looks to have an expiration date of 2026, writes the Longboat Observer, sister paper of the Business Observer. 1905 Family of Restaurants — the group behind the Columbia Restaurant, Cha Cha Coconuts, Ulele and Casa Santo Stefano — is planning to demolish the office building as it prepares to build the company’s newest concept: the Buccaneer Restaurant. Vice President of Marketing Jeff Houck says paperwork for permits are being prepared for demolition of the building. An LLC connected to the address of 1905 Family of Restaurants bought the one-story elevated office building alongside Sarasota Bay for $4 million in 2017, Sarasota County records show. The office building has boat slips which could act as parking for prospective customers of the restaurant, which is being built at 4120 Gulf of Mexico Drive just to the south of the Harbour Square lot. The 4120 Gulf of Mexico Drive parcel was previously home to Pattigeorge’s Restaurant, which was open for 43 years.
Day care chain expanding to several parts of region
The Learning Experience, a chain of day care centers, plans to add nine locations across the region in the next two years. The Deerfield Beach-chain plans a total of 20 new centers in Florida, each of which will be 10,000 square feet and include a 5,000-square-foot playground. The local centers are planned for Zephyrhills, Lakeland, Lutz, Spring Hill, Land ‘O Lakes, Palmetto, North Port, Fort Myers and Estero. The sites have been chosen and are in varying stages of the permitting and building process, a spokesperson says. The company’s real estate development page on its website says that it’s built-to-suit requirements include freestanding outparcels with 40 parking spaces on 1-acre to 2-acre parcels. The lease term is 15 years plus options. When opened, each center employs 30, including teachers, and have up to 180 students from 6 weeks of age to 6 years old.
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