Orlando (Fla.) Health finalized its purchase of 80 acres of land in Lakeland, Fla., which it will use to build a medical campus with a 360-bed hospital.
The health system closed on the deal Nov. 10. The plan to purchase the parcel was first announced in January.
In addition to the hospital, Orlando Health plans to develop an ambulatory surgery center, medical office, small hotel and retail space on the property.
A construction timeline for the campus, to be called Orlando Health Lakeland Health & Wellness, has not been set.
The purchase price of the land was not disclosed.