LAKEWOOD, Colo. — Construction has officially kicked off on three new inpatient rehabilitation hospitals in Florida, each valued at approximately $30 million. The projects — located in Wellen Park, Daytona Beach, and Orange Park — mark a major step forward in the expansion strategy of Exalt Health, a fast-growing post-acute care provider, and are being built by Catamount|Freese Johnson JV, LLC.
Each of the new hospitals will be equipped with 40 beds and tailored to serve patients recovering from neurological, orthopedic, and cardiac conditions. The facilities will also offer comprehensive rehabilitation services, including physical, occupational, and speech therapy. The design and technologies incorporated into these hospitals are focused on creating a supportive, healing environment for patients throughout their recovery journey.
“Expanding into these growing Florida communities reflects our long-term vision to build a regional network of state-of-the-art rehabilitation hospitals,” said Jeff Crawford, Chief Development Officer and COO of Exalt Health. “We’re creating spaces where patients can heal with dignity, rebuild strength, and return to their lives with confidence.”
The initiative comes at a time when Florida’s population growth is driving demand for high-quality, specialized healthcare services. These new facilities are positioned to meet that need while also contributing to local job creation and healthcare infrastructure improvements.
“We’re proud to support this exceptional team in delivering healthcare infrastructure that meets both the clinical and community needs,” said Erik de Vries, CEO of Astrea Development. “These projects are a testament to what can be achieved when forward-thinking partners come together with a shared purpose.”
The joint venture between Catamount Constructors and Freese Johnson brings together deep expertise in healthcare construction and a shared commitment to innovation and patient-centered design. The team is working closely with Exalt Health to bring its proven model of post-acute care to these new locations.
“These projects are more than buildings—they’re a commitment to healing, growth, and economic vitality,” said Mitch Brown, Senior Vice President at Catamount Constructors. “Our partnership with Exalt Health is built on mutual respect and a shared commitment to patient outcomes. We’re proud to help bring their proven post-acute care model to these communities.”
“This joint venture represents the best of what collaboration in healthcare construction can achieve,” added Henry Johnson, Chief Strategy Officer at Freese Johnson. “Working alongside Catamount and Exalt Health, we’re combining deep industry expertise with aligned values to deliver facilities that will make a lasting impact.”
The three hospitals are expected to generate over 500 jobs across the state within three years of operation. The Orange Park facility is projected to open in early 2026, with the Daytona Beach and Wellen Park locations following by mid-2026.
Together, the facilities reflect the broader trend of healthcare providers investing in accessible, high-quality rehabilitation centers that serve both growing populations and increasingly complex patient needs.
Originally reported by Catamount Constructors in Construction Dive.