Wellen Park announces new 75,000-square-foot medical office building by CASTO, expands healthcare access in south Sarasota County

VENICE, Fla. (July 11, 2023) – Wellen Park is bringing additional medical services and healthcare options to the region with The Medical Center at Wellen Park, a planned 75,000-square-foot medical office building just east of the River Road and U.S. 41 intersection. The new three-story facility, developed and managed by Sarasota-based CASTO Healthcare Real Estate, will provide multidisciplinary medical suites for physicians, specialists and healthcare professionals with custom-designed spaces for in-office procedures and outpatient services.

Several healthcare providers have already inquired on leasing space and a few have already signed leases to The Medical Center at Wellen Park.

“Access to quality healthcare close to home is essential for the good health and wellness of our residents,” said Rick Severance, president of Wellen Park. “We’re pleased to partner with CASTO in meeting the future medical needs of our growing community and region. By attracting local physicians and medical professionals who have visiting privileges at our nearby hospitals, the medical center adds another layer of comprehensive healthcare. It enhances the choices available to patients in office or at a nearby local hospital with minimal travel time.”

Construction is expected to begin in late 2023. With a 12- to 18-month build time, the medical center is anticipated to open in early to mid-2025.

A third-generation family-owned real estate and property management company founded in Columbus in 1926, CASTO has operated residential and commercial holdings in Florida since 1995, branching into the medical field five years ago as a partner with physicians, hospitals and healthcare systems.

“Wellen Park offers a great location for medical professionals and the community’s tremendous growth will appeal to doctors seeking to establish or expand a successful practice,” said Aaron Ruben, executive vice president of CASTO’s southeast operations and the leasing agent for the Wellen Park center. “As a Class A medical facility, the building will be state-of-the-art and dedicated solely for healthcare professionals. Each medical office will be tailored to meet the needs of the practice.”

The Medical Center at Wellen Park will offer office spaces ranging from 1,500 to 25,000 square feet and 409 dedicated parking spaces. Leasing information is available by contacting Ruben at 941-232-2937.

About Wellen Park

Consistently ranked among the U.S.’s top-selling communities annually by prominent real estate consulting firm RCLCO, Wellen Park offers a mix of single-family and multifamily residential, commercial and recreational options. The community currently has approximately 9,500 residents, and at full buildout will have more than 50,000 residents and 22,500 homes within its three distinct districts: West Villages, Downtown Wellen and Playmore.

Wellen Park’s expanding residential choices include new-construction single-family homes in picturesque neighborhoods, a bundled golf and country club community, paired and attached villas, coach homes and condominiums. Rental options offer one- to three-bedroom luxury apartments and single-family homes, an apartment community for active adults 55 and older, and world-class independent, assisted living and memory care.

Wellen Park is close to top-ranked beaches and the area’s many attractions.

To learn more about Downtown Wellen and living at Wellen Park, call 941-960-7805, go to wellenpark.com or visit the Welcome Center at 12275 Mercado Drive in Venice, Fla. The Welcome Center is open daily 9 a.m. to 5 p.m.

Contact:

Jennifer Hamilton, Gravina, Smith, Matte & Arnold Marketing and PR, 239-275-5758, [email protected]