Orlando Health completes Institute Square, a new medical campus next to Bayfront Hospital in downtown St. Pete
/Orlando Health has completed construction on Institute Square, a new medical campus just north of its 480-bed Bayfront Hospital in downtown St. Petersburg’s Innovation District.
The development spans an entire city block bounded by 5th Avenue South, 6th Avenue South, 7th Street South, and 8th Street South.
It includes a four-story Orlando Health Medical Pavilion, a three-story Orlando Health Women’s Pavilion, and a five-story, 817-space parking garage that also houses an imaging center and a wound care center.
Hospital leaders are expected to formally mark the opening with a ribbon-cutting ceremony on February 12th.
Construction on the project began in late 2023, led by Turner Construction Company. Orlando-based construction firm Finfrock built the parking garage.
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Pre-leasing is set to begin Saturday, August 15th, with move-ins scheduled after the new year at the first apartment community in Sky Town, an $800 million mixed-use development underway in St. Petersburg’s Skyway Marina District.
The 401-unit iMMiX Apartments, located at 3201 34th Street South, are part of the first phase of the 34.3-acre development being built on the former Ceridian office campus.
Once complete, Sky Town will include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage across six phases.
Coral Gables-based Altis Cardinal, led by developer Frank Guerra, broke ground on the iMMiX Apartments in September 2025, with Jacksonville-based Summit Contracting Group serving as general contractor.