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FORT LAUDERDALE, FL-North Broward Hospital District awarded the development of two new facilities totaling 252,000 sf to a joint venture between Nashville-based Lauth Property Group and Moss & Associates of Fort Lauderdale. Estimated construction cost of the combined projects was undisclosed. However, the developer of another physician office building for the district, speaking on condition of anonymity, estimates the aggregate cost of these projects at between $150 per sf and $160 per sf, or between $37.8 million and a little more than $40.3 million.

The first is a 182,000-sf class A physician office building that will connect to the district’s flagship Broward General Medical Center via a pedestrian bridge. In addition to medical office space, it will contain 16,000 sf of street-level retail space and a 450-car parking garage.

The office space will include a choice of three interior office-suite layouts ranging from 1,200 sf to 18,000 sf. Construction will begin this fall, and completion is scheduled for early 2007. In a statement, Bob Moss, president of Moss, says, “the Broward General Physician office building project will provide office space currently unavailable to physicians practicing at Broward General Medical Center…[and] will bring new businesses and revenue to the surrounding area in conjunction with the City of Fort Lauderdale’s revitalization plan for S. Andrews Avenue.”

The second project is a 70,000-sf physician office building to the east of the district’s Imperial Point Medical Center. Visible from Federal Highway, it will include an enclosed connector to the hospital, surface parking and a drop-off canopy. Construction will begin in early 2006 with completion in approximately 12 months. Calls to Lauth and Moss were not returned by deadline.

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