Walton Global, a leading global real estate investment and land asset management firm, has finalized the sale of 20 acres within the Ridgewood Lakes Master Plan in Davenport, Florida. The commercial parcel was acquired by BayCare, a not-for-profit healthcare system serving West Central Florida.
 

BayCare plans to develop the site into a freestanding emergency department, offering clinically excellent and compassionate emergency care, as well as seamless patient integration with the health system’s 16 hospitals. 

“Access to high-quality healthcare is essential to every thriving community,” said Michael Slavotinek, Executive Vice President of Real Estate for Walton Global. “We are confident that BayCare’s plans to establish these critical medical services will greatly benefit the residents of Ridgewood Lakes, Davenport, and other surrounding areas.”

This sale marks another key milestone for Walton Global in Ridgewood Lakes, following two previous residential transactions. In June 2021, Walton Global sold 52 acres to D.R. Horton, the nation’s top homebuilder, for the development of Danbury at Ridgewood Lakes – a townhome community offering homes starting in the low $300,000s. In September 2021, the company sold an additional 52.5 acres for the Atria II community, a gated townhome development with amenities such as an on-site tavern and proximity to the White Oaks Golf Club.

Strategically located along U.S. Highway 27, a major north-south route connecting key cities throughout Polk County and Central Florida, Ridgewood Lakes offers excellent access for residents and businesses alike.

As a prominent land banking firm, Walton Global remains dedicated to advancing sustainable development within high-growth communities across the U.S. The sale of this property within Ridgewood Lakes further underscores the company’s long-term commitment to Florida’s dynamic real estate market.