Lauth Begins Construction on Ft. Lauderdale and Tampa-Area Healthcare Facilities

ORLANDO, FL (June 17, 2008) – Lauth®, one of the nation’s leading development and construction firms, today announced the beginning of construction on two new healthcare projects in Florida. The company expects Imperial Point Medical Arts Pavilion in Fort Lauderdale and Morton Plant North Bay Medical Arts Building in New Port Richey to open in approximately one year.

Imperial Point Medical Arts Pavilion will be located on the campus of Imperial Point Medical Center. This 68,500 square foot, Class A medical office building is being developed in partnership with Broward Health. The building offers custom designed suites to fit every practice and specialty. In addition to being located on the campus of Imperial Point Medical Center, this state-of-the-art office building sits less than ten minutes from many other Fort Lauderdale healthcare facilities thus saving doctors’ time commuting. Physician office space is being marketed by Deborah Fink with NAI, Rauch, Weaver, Norfleet, Kurtz, & Co. in Fort Lauderdale.

Morton Plant North Bay Medical Arts Building will be integrated with Morton Plant North Bay Hospital. This modern medical office building is being developed in conjunction with the hospital’s expansion program which is currently underway, offering new technology, larger spaces and forward-thinking design. This 45,000 square foot, Class A medical office building will offer state-of-the-art custom designed suites with on-site ancillary services. The connection between this medical building and the Morton Plant North Bay Hospital will improve doctor efficiency and provide easy access for patients. Physician office space is being marketed by Scott Dunkle in Lauth’s Orlando office.

“As one of the nation’s leading healthcare developers, Lauth is excited to begin construction on these two highly anticipated projects,” said Brent Barnes, Vice President of Healthcare Development in Lauth’s Orlando office. “Imperial Point Medical Arts Pavilion and Morton Plant North Bay Medical Arts Building were designed with both physicians and patients in mind. We anticipate these buildings will greatly improve the quality of care offered in each community.”

This marks the latest announcement for Lauth, the 8th largest healthcare developer in the nation according to Modern Healthcare and the 13th largest commercial real estate developer in the US according to Commercial Property News. Earlier this year the company announced plans to build two new distribution facilities in North Pointe Business Park near the Port of Charleston, South Carolina. Last month it held a media tour inside NASCAR® Plaza, a 20-story world class office tower in downtown Charlotte. Lauth also unveiled a conceptual sketch for a mixed-use retail project being developed in conjunction with the Bradley Center, home of the NBA’s Milwaukee Bucks.
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About Lauth®
Since 1977, Lauth has been building facilities for clients to lease or own throughout the United States. Lauth’s years of solid experience, coupled with completed projects worth billions, make it a leading national development firm. Lauth delivers virtually any type of facility including healthcare, industrial, office, and retail from offices in Indianapolis, Charlotte, Dallas, Denver, Orlando and Phoenix. Additional Lauth information is available at www.lauth.net.