The 8.42-acre corner at northeast Beach and Kernan boulevards is on track for development with Starbucks Coffee Co. and Nutex Health Inc.
Owner BBKR Development Partners LLC of Atlanta has been selling parts of it.
On March 27, a Dallas-based investment partnership paid $1.5 million for 1.8 acres to develop a Starbucks shop.
According to a deed recorded April 8, Criterion Ladera LLC bought the site, which is at 12645 Beach Blvd., on March 27.
Criterion Ladera LLC is led by Ladera Jax LLC of Dallas.
The Criterion Fund real estate investment company, based in Oklahoma, says on its website that it and Ladera Properties, based in Dallas-Fort Worth, bought the land to develop a 2,827-square-foot Starbucks.
TheCriterionFund.com site said the partnership plans to sell a 0.79-acre parcel of the site and has it under contract for sale.
It said the property will have cross-access to the adjacent shopping center and will be next to a new 24/7 hospital.
The site is next to the Tamaya Market anchored by Sprouts Farmers Market and the Shipley Do-Nuts shop.
The Criterion Fund says it is a real estate investment company focused on investing in cash-flowing shopping centers and best-in-class single-tenant and strip center developments nationwide.
The city is reviewing two permit applications for Starbucks.
One is for the $1.63 million, 2,700-square-foot shell building on 1 acre.
The other is for the estimated $475,000 tenant improvements for Starbucks.
No contractors are listed.
A JEA service availability report showed a Starbucks and drive-thru with 46 inside seats and 30 patio seats.
The Criterion Ladera partnership bought the land from BBKR Development Partners, which paid $4.85 million in August 2022 for the vacant land from Tamaya Loan Acquisition Inc.
The 24/7 hospital will be Nutex Health, which announced in June 2022 it would build and open a facility there.
The city also has been reviewing a permit application for Houston-based Nutex Health to build and open an ER and micro-hospital facility at a project cost of almost $21 million.
It submitted a building-permit application to the city in July 2023.
Hoar Construction LLC of Birmingham, Alabama, is the contractor for the 28,303-square-foot hospital on 7.85 acres at 12645 Beach Blvd. Gresham Smith of Tampa is the architect.
Plans show eight emergency department exam rooms, eight inpatient beds and an imaging department with MRI, CT scan and X-ray services.
BBKR Development Partners LLC is shown as the property owner. A developer was not identified.
The permit application calls it a specialty hospital, which Nutex Health says offers individualized medical care around the clock.
The health care company says that in addition to ER services, specialty hospitals can observe patients overnight or admit them for an extended stay. It says its facilities offer medical treatment, including drug and alcohol detox services and behavioral services.
Founded in 2011, Nutex Health says its Hospital Division comprises of 21 micro-hospitals, specialty hospitals and hospital outpatient departments in nine states.
NutexHealth.com says it has three ER hospitals coming soon in Florida in Jacksonville, Miami and Odessa.