3. Pursuant to the Ground Lease, the Property shall be used for the operation of

Commission Regular Meeting · 2026-04-23 · agenda_item

This agenda item concerns a ground lease for property intended for medical office buildings. The lease outlines specific restrictions on services that can be offered, such as ambulatory surgery, physical therapy, and laboratory services, unless the hospital is no longer operating or has significantly reduced its bed capacity. If a 'Change in Use' occurs, the property could potentially be used for general office buildings or other uses permitted by zoning, with the Lessor's consent. This item is currently under review by the Santa Rosa County Commission. The project, if approved, would involve the construction and outfitting of medical office buildings, potentially followed by general office spaces. This presents opportunities for general contractors, developers, architects, engineers, and various trade contractors including those specializing in electrical, plumbing, HVAC, and interior finishes. Suppliers of medical equipment and office furnishings may also find opportunities. Early engagement is advised as plans and permits are still being determined.