Olympus, City of Clermont announce $100 million health center
CLERMONT — Olympus, the health, sports and wellness community, and Healthcare Trust of America, Inc., a major medical office real estate company, have announced plans for a $100 million health care campus.
The announcement Thursday came just days after the Scottsdale, Ariz., company purchased six acres for 175,000 square feet of office space.
“The city is thrilled that HTA has chosen Clermont and the Olympus Development for this 175,000 square-foot medical facility,” Clermont Mayor Tim Murry said in a press release. “Not only will this facility provide quality health care, but it will also provide significant employment opportunities for the residents in the Clermont area.”
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Construction is expected to begin early next year, according to Clermont spokeswoman Laurie Windham. When completed, the offices will create 325 onsite jobs.
Olympus master plan site first created in 2018
Olympus is a 240-acre master-plan site created in 2018. It was designed to complement nearby facilities, like the National Training Center, which trains high school, college and amateur athletes.
It’s also, of course, a part of a 15,000-acre area of explosive growth referred to as Wellness Way.
HTA said its research shows 156,000 people are currently living within a 15-minute drive of Olympus, and it's expected to grow more than 12% over the next five years.
Olympus is being built in phases, with the first phase multi-family housing. The second phase calls for custom neighborhoods and single-family housing. The third includes the HTA facility, Mike Carroll, the spokesman for Olympus told the Daily Commercial
Plans call for a pedestrian-friendly town center with restaurants, shops, and hotels. The health campus site will be constructed in the northwest portion of Olympus, along U.S. Highway 27. It will be a 15-minute walk to the town center.
When built out, Olympus is projected to create 2,800 jobs and have a taxable value of $1.5 billion.
“Clermont and Lake County have been dreaming and working hard for years to attract high-wage healthcare jobs to Wellness Way,” Lake County Commission Chair Sean Parks said. “HTA's plans mark a huge milestone in realizing this dream while providing our county with the highest level of healthcare.”
Healthcare Trust is the largest owner-operator of medical office buildings in the U.S., with 24.8 million square feet of office space. In February, it announced plans to enter into a “strategic business combination” with Healthcare Realty Trust Inc., subject to a favorable stockholder vote.
It would almost double in size in terms of assets.
This article originally appeared on Daily Commercial: Clermont's Olympus to add health campus to wellness community
