St. Pete developer builds second Lakewood Ranch health care complex

With its HealthPark I being such a success in Lakewood Ranch, it only made sense that Optimal Outcomes would come back with HealthPark II, another Class A medical office building.

Patrick Marston, principal for St. Petersburg-based Optimal Outcomes, says in a Nov. 3 interview that his company will break ground on a 50,000-square-foot structure early in 2026.

"Everyone has heard about Lakewood Ranch's demographics and growth, so we're very happy," Marston says. "We've already had an exceptional amount of interest. We're only a baseball's throw from (HealthPark I). We wanted to buy the property next door, but Orlando Health bought the 30 acres adjacent to it."

HealthPark I, 5985 Silver Falls Run, has anchor tenants Florida Cancer Specialists and 360 Orthopedics. Marston says he hopes to attract two anchor tenants that would require 10,000-square-feet or more for HealthPark II, and he believes he has some strong leads. HealthPark II will be on five acres at 6035 Silver Falls Run.

Optimal Outcomes bills it as a "central hub for outpatient care in the Sarasota-Bradenton region." It says the building is designed to "accommodate a variety of medical users including multi-specialty groups, imaging centers, outpatient surgery, and cardiovascular. It will deliver high-visibility, purpose-built space in a market with limited new Class A medical office supply."

Optimal Outcomes is a health care real estate development company.

"This is all we do," Marston says of building medical-specific building. We have multiple projects all around Florida. The challenge of building in Lakewood Ranch is that they are out of commercial real estate entitlements."

Marston says medical construction is much different than other kinds.

"We don't build apartments, retail, or office buildings," he says. "There are a lot of nuances involved and everything is custom designed. If you make a mistake (in HealthPark construction), the cost can be monumental. We try to anticipate everything, but it never works that way. It's more of an art than a science.

"Everything we do is below the hospital level, but so far beyond typical retail construction."

Silver Falls Run sits in what had been designated as Lakewood Ranch's CORE project, which stands for Collaboration Opportunities for Research and Exploration.

Marston says the makeup of the immediate area — it includes Erickson Senior Living’s 84-acre senior living development and Orlando Health’s planned hospital — makes it perfect for HealthPark I and HealthPark II.

Hesays given the growth of planned growth of Lakewood Ranch, there will be an "ever-increasing" demand for healt hcare services. He says his company certainly would be interested in more building opportunities in Lakewood Ranch if space is available.