Please ensure Javascript is enabled for purposes of website accessibility

Premier Chicago hospital group pays $24.5M for Naples hotel property

Northwestern University affiliated medical group says it is exploring an outpatient facility on the Tamiami Trail property once home to the Collins Hotel.


  • By Louis Llovio
  • | 1:30 p.m. May 1, 2023
  • | 2 Free Articles Remaining!
Northwestern University affiliated medical group has bought the Tamiami Trail property in Naples that was once home to the Collins Hotel.
Northwestern University affiliated medical group has bought the Tamiami Trail property in Naples that was once home to the Collins Hotel.
Company website
  • Charlotte–Lee–Collier
  • Share

A Chicago medical group that's part of Northwestern University’s medical school has bought a 3.5-acre parcel in Naples that once housed the Collins Hotel.

The group, Northwestern Memorial HealthCare, paid $24.5 million for the property.

Christopher King, chief media relations executive for Northwestern Medicine, says in an email that “we are exploring a future outpatient facility with a variety of clinical offerings" on the site. 

“We are doing so because it aligns with our long-term growth strategy, our patient first mission and our desire to bring world-class care closer to where our patients live,” he writes in the email to the Business Observer.

Northwestern Memorial HealthCare is a nonprofit, integrated academic health system providing world-class care through 11 hospitals, two medical groups, and more than 200 diagnostic and ambulatory locations to patients across Chicago, all 50 states and more than 100 countries.

King says the Naples purchase was made by Northwestern Memorial Health Care.

The Collins Hotel property is at 1100 Tamiami Trail N., near the Naples Zoo at Caribbean Gardens and about a mile from NCH Baker Downtown Hospital.  

It is not clear when the hotel closed. Its website is still active as is a tool to make reservations. But a call to the hotel Monday went unanswered for two minutes and no one responded to an email seeking comment. An attempt to make a reservation online was unsuccessful.

Northwestern is entering a market where NCH Healthcare System has had a solid foothold for decades. According to its website, the two hospital, 716-bed system sees 40,500 patients a year. It has been part of the Mayo Clinic Care Network since 2012.

As for Northwestern Medicine, its Northwestern Memorial Hospital was ranked No. 9 in the country on U.S. New & World Report’s Best Hospitals Honor Roll last year.

 

author

Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

Latest News

×

Special Offer: Only $1 Per Week For 1 Year!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.