The city of Kissimmee officially launched its new Medical Arts District Friday.
Commissioners detailed five new economic incentives that will assist the Kissimmee community in cultivating medical high-value, high-wage jobs.
Incentives include the reduction of development review fees, building permit fee reimbursement, a medical equipment grant, TV commercials and a hire local grant.
The incentive program will be offered for three years.
“Kissimmee has an extraordinary network of hospitals which have recently undergone expansions, and it makes great sense to capitalize on this medical synergy within our city,” said Mayor Jim Swan.
The commission also welcomed a new medical company to the city.
KISSIMMEE, Fla. — "The growth within our community and within this state and within the region, there's always going to be a need for healthcare providers of one sort or another," Swan said when asked if the district could survive near Lake Nona's Medical City.
SummerPlace at Kissimmee is a 63-unit senior memory care living facility that is at the southeast corner of Park Place Boulevard and Central Avenue.
The $11 million project will employ approximately 80 individuals.
"We're simply here because the numbers made sense to be here," Chris Fox, chief operating officer of Meridian SummerPlace said. "We have a big spectrum from decent paying jobs to quite high paying jobs."
The city said the average job in the medical district is expected to pay around $50,000 a year.
The district is anchored by Florida Hospital Kissimmee on the north and Osceola Medical Regional Center to the south. Orange Blossom Trail and John Young Parkway create the east and west boundaries of this new district, which will be branded with new banners and the decoration of utility and traffic boxes.
For more information on the Kissimmee Medical Arts District, contact the Economic Development Office at 407-518-2307 or visit www.kissimmeemedicalarts.org.
Cox Media Group
