Peace River Center

The construction of a new 14,000 sq. ft. comprehensive behavioral health emergency room.

Investment

  • NMTC Amount: $4,850,000
  • Total Project Cost: $5,578,176

IMPACT

  • 54 FTE jobs
  • 300 construction jobs
  • 1,300 patients served
  • 28,600 sq. ft. of real estate

Investor

Project Description

The project involves the construction of a new 14,000 sq. ft. comprehensive behavioral health emergency room with walk-in assessment, outpatient crisis, 20 bed stabilization unit and a 24 hour observation area. In addition, the project includes the renovation of an existing 14,600 sq. ft. facility constructed in 1955 to provide treatment, education and case management services to clients with severe and persistent mental health issues.

The project services both children and adults with mental health crisis issues that result in involuntary placement into care or “Baker Acted” care. There is documented need for expansion of beds with the Bartow crisis stabilization unit (CSU) operating at emergency status 65% of the time and 45% of the time over licensed capacity. Emergency status is defined as operating at too high a capacity to accept transfers from any other facilities such as law enforcement or local hospital Baker Acted clients. Currently Baker Acted clients are taken to Lakeland Regional Medical Center’s Emergency Room (ER) — one of the busiest ER’s in the state of FL based on the sponsor’s submission.

MAP

Address: 715 North Lake Avenue, Lakeland, FL 33801

Census Tract: 12105010300

PDF Profile

Other Florida Projects

The $18 million rejuvenation of a shopping center creates over 100 jobs in Jacksonville, FL
The construction and outfitting of a new 14,000 square foot surgical center in Washington County.
Financing for Goodwill of South Florida, providing job training and employment for military veterans.
New Markets Tax Credit financing supported the expansion of TAF’s manufacturing operation and brought jobs to the local community.