Companies & People: Optimal Outcomes to develop MOB

OptimalOutcomesBrandonMOBFirm plans mid-2015 opening for 38,000 square foot facility in Tampa, Fla., area

By Dan Larson

Optimal Outcomes LLC of St. Petersburg is expanding its brand to Brandon, Fla. The city is situated just 12 miles east of Tampa and is one of Florida’s fastest growing communities.

The real estate developer plans to break ground on a new 38,000 square foot, multi-story, Class-A MOB that it will own on a site just two blocks from Brandon Regional Hospital. According to Patrick Marston, founder of Optical Outcomes, the location is what sold his company on the property.

“The Brandon market has long been in need of additional and better inventory for healthcare users,” he said in a statement from the company. “As the healthcare industry places increased emphasis on expanding outpatient services, this demand will only intensify. To us, the Brandon location made perfect sense.”

Optimal Outcomes acquired the property in late 2013 for $1.45 million and demolished the 35,000 square foot Lifestyles Fitness Gym on the site.

According to officials, the goal of an Optimal project is to “provide the highest quality of healthcare at the lowest possible cost. To do this, the company is responsible for every aspect of development, beginning with site selection, designing, financing, construction and property management. It also takes on all operational and financial risks.”

“We encourage providers to let us take the responsibilities and risks associated with the development,” says Optimal Principal Andrew Boggini. “The hope is that this allows the building’s clients to exclusively focus on providing the best healthcare.”

Rental rates have yet to be finalized as Optimal is currently talking with potential tenants. Construction will begin soon with a planned opening in mid-2015. Jim Graham Designs of Dunedin, Fla., is the architect.

 

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In