Stonemont has officially broken ground on a roughly 100,000-square-foot medical campus inside Avenir, the sprawling master-planned community west of Interstate 95 in Palm Beach Gardens. The project pairs a 53,370-square-foot neighborhood hospital with a 47,000-square-foot, three-story medical office building, both pitched as a way to move outpatient care and emergency services closer to Avenir's fast-growing neighborhoods. Plans call for the hospital to operate with about 29 inpatient beds, a 24-hour emergency department and multiple operating rooms, while the medical office building is slated to host specialists ranging from women's health to cardiology. Both buildings are expected to open in 2028, marking a major healthcare investment for the city's western side.
Groundbreaking and partners
According to ConnectCRE, Stonemont Financial Group has teamed up with local developer Sina Companies and investor Fengate Asset Management to build the Health Park at Avenir for Jupiter Medical Center. The outlet reports that both buildings broke ground in June and are being delivered as a coordinated medical campus designed to support inpatient and outpatient care on one site. ConnectCRE also notes that the size and program of the project track with rising demand for health services in the western Palm Beach Gardens corridor.
Campus layout and services
Developer materials for Avenir describe the hospital as a two-story, roughly 53,000-square-foot facility that will include 29 inpatient beds, four operating rooms, a diagnostic laboratory and imaging rooms, plus a round-the-clock emergency department. The adjacent medical office building is planned as a three-story structure with suites for specialties including women's health, wound care, pain management, oncology, cardiology and primary care, according to Avenir. Project graphics show the campus clustered near Northlake Boulevard and Avenir Drive, positioned to serve both new Avenir neighborhoods and existing communities to the east.
Who’s funding and building it
Stonemont, which has been expanding its healthcare real estate platform through recent medical office acquisitions and developments, is leading the project's development. Stonemont's press listings detail a series of medical office purchases in Georgia and other markets as the firm scales its healthcare footprint. On the capital side, Fengate's recent U.S. medical acquisitions highlight the kind of institutional investment flowing into outpatient-anchored campus strategies like the Avenir project.
Local context: Avenir’s growth
The Health Park is tucked inside Avenir, a 4,752-acre master-planned community entitled for thousands of homes and a sizable town center. Developer materials state that about 13 acres on the north side of Northlake Boulevard were sold for the hospital campus. Avenir's news page notes that the parcel was sold to SFG PBG Medical LLC, a joint venture tied to Sina Companies and Stonemont, and that Jupiter Medical Center will lease the land for the campus. Planners argue the location will help keep urgent and specialty care closer to Avenir residents rather than sending patients farther east.
Timeline and what’s next
Developer notes and industry reports indicate construction got underway in June, with an expected opening in 2028, giving the campus a multiyear construction and permitting runway. While ConnectCRE has outlined the campus program and schedule, Jupiter Medical Center's 2022 announcement first framed the Avenir site as a neighborhood hospital intended to expand its reach. Nearby approvals, including a recently approved freestanding emergency room in Avenir, point to a coordinated buildout of emergency and outpatient capacity in western Palm Beach Gardens, according to Palm Beach Health Network.
For local residents, the Health Park promises shorter trips for emergency visits and specialty appointments, along with new opportunities for physicians and outpatient providers to locate closer to the area's growth corridors. Developers still need to secure remaining permits, finalize tenant leases and lock in the construction schedule over the next two years, but the combined hospital and outpatient campus signals an ongoing shift toward hospital-anchored, outpatient-heavy development models in South Florida. We will continue to follow tenant announcements and city filings as the project moves through permitting and lease-up.
