Dr. Orbay’s real estate company, Majorca Investment Properties, purchased the property for $15.35 million in June.
The property currently has 45,092 square feet of retail space and medical offices, which would be removed for Miami Bone’s two planned facilities.
The first phase of construction would include a four-story, 117,408-square-foot ASC with eight operating rooms, a gym, recovery rooms and a suite of imaging machines.
The second phase would include a 60,000-square-foot medical office building with ground floor retail and 369 parking spaces.