Leopardo Breaks Ground on Florida Medical Office Building with Joint Venture Partner Upshot Construction Services
Leopardo recently broke ground on the 72,000-square-foot Upshot Medical Center at Mills Park (UMC) in Orlando, Florida. The team is scheduled to break ground on a second, 90,000-square-foot medical center building this summer. The combined square footage makes this project one of the only Class A, LEED-designed medical office projects of its size in the country. The project comes as part of a joint venture partnership between Leopardo Companies and Upshot Construction Services, the construction division of Upshot Capital Advisors‘ vertically integrated private equity real estate platform.
The project consists of two buildings—a five-story north tower and a future six-story south tower, as well as a six-story connected parking garage with more than 850 spaces. Designed to ensure a socially responsible, healthy environment, the buildings will also feature pre-glazed curtain wall to provide an elegant aesthetic and ultra-thermal performance, as well as an outdoor courtyard and top-floor terrace.
“The Upshot Medical Center at Mills Park will transform how healthcare is delivered. Both care providers and patients will benefit from the facility’s thoughtful design,” said Leopardo Senior Vice President Giancarlo Pacini. “We could not be more excited to get the project underway.”
The new Upshot-Leopardo joint venture brings together two industry-leading platforms and will build upon the significant strategic advantages Upshot clients are accustomed to in its medical, mixed-use, and other projects across the United States. Grounded in aligning company cultures and core values, the Upshot-Leopardo partnership will create new opportunities for growth in line with Leopardo’s strategic plan and provide new and existing clients with the highest quality work and experience.
Upshot® is a vertically integrated private equity real estate platform with business-units focused on the management of its discretionary funds, real estate development, construction management, asset management and property management. Upshot® is headquartered in Orlando, FL with projects mainly focused on medical, urban infill and mixed-use assets throughout the U.S.
Based in Chicago, Illinois, Leopardo Companies is recognized as an industry leader in construction with the resources to build world-class projects using innovative processes across every major sector. Founded in 1977, Leopardo has over 300 employees throughout the U.S. with offices in Illinois, Florida, and California. Over the last four decades, Leopardo has totaled more than 75 million square feet and $6.5 billion in construction across every major market. With over a billion dollars in healthcare construction completed and more than 100 medical-related projects each year, Leopardo’s specialized healthcare team provides best-in-class construction services across a wide range of projects, from hospital additions to ground up ambulatory surgical centers, clinics, and medical office buildings.