SMH Board OKs $60M Land Buy for Manatee Medical Campus
Sarasota Memorial's hospital board approved a nearly $60 million purchase of 120 acres at I-75 and SR 64 East for a phased medical campus.

The Sarasota County Public Hospital Board approved the nearly $60 million purchase of about 120 acres at the southeast corner of I-75 and State Road 64 East in Manatee County on Sept. 22. The site sits across from the Marketplace at Heritage Harbour.

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The deal follows the board's July approval of an adjacent 10-acre parcel with direct SR 64 frontage, bought for $8.4 million. Phase one is a freestanding emergency department on that parcel. Later phases could add physician offices, pediatric specialty care, imaging, and lab and diagnostic services, with a full-service hospital under long-term consideration. Development is phased and subject to local, regional and state approvals; the acquisition is contingent on rezoning work with Manatee County officials.

Manatee County residents accounted for more than 185,000 SMH patients in 2025, roughly 25% of system volume, and about 3,500 SMH employees (30% of the workforce) live in the county. Volume at SMH's Heritage Harbour outpatient facility has more than doubled since 2020.

Manatee County is projected to grow 9.6% over the next five years, concentrated along the SR 64 corridor, Parrish, Palmetto and Lakewood Ranch. The site fronts I-75 and SR 64, the region's primary north-south and east-west routes.

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