Boston Children's Hospital Signs Lease in West Palm Beach
The pediatric institution plans to open its first out-of-state clinic at the Esperanté Corporate Center by 2027.
Updated on Oct. 30, 2026 in Commercial
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Boston Children's Hospital has secured a lease at the Esperanté Corporate Center, marking the first time the pediatric institution will operate a clinic outside of Massachusetts. The medical facility will occupy space within the 17-story office tower in West Palm Beach.
Why it matters
This expansion brings specialized pediatric care to South Florida, marking a significant step for the Boston-based hospital as it establishes a physical footprint in a new region. The move highlights the growing demand for specialized medical services in West Palm Beach as it continues to attract major healthcare providers.
The Esperanté Corporate Center is a 256,000-square-foot facility that underwent an $8 million renovation. The building is a 17-story tower that currently hosts tenants including Bank of America and Blue Sea Capital.
The players
Boston Children's Hospital
This Massachusetts-based pediatric teaching hospital is consistently ranked as a leading institution for children's healthcare.
Steve Ross
He is a prominent real estate developer and businessman who holds a stake in the Esperanté Corporate Center.
Cleveland Clinic
This major non-profit academic medical center is actively developing its own healthcare infrastructure in West Palm Beach.
The details
Owned by Steve Ross and Related Ross, the building remains a central hub for professional services in the area. Boston Children's Hospital plans to begin operations at the site in 2027, joining an existing roster of financial and capital firms currently operating out of the tower.
Timeline
The Esperanté Corporate Center was constructed in 1989.
Steve Ross purchased a stake in the property in 2021.
The Boston Children's Hospital clinic is slated to open in 2027.
Cleveland Clinic expects to open a new West Palm hospital at the end of 2029.
Culture Shift
This development follows the ongoing medical sector expansion into South Florida commercial real estate, which has turned corporate office towers into multi-use healthcare hubs. It demonstrates a pivot toward decentralized care as major hospitals follow patients into growing regional professional districts.
Area residents gain access to specialized pediatric healthcare services within a major central business district. The integration of a medical clinic into the Esperanté tower may also influence future building usage and local commuting patterns for patients and medical staff.
The takeaway
The entry of a major children's hospital into a traditional office tower signals a shift in how urban real estate is utilized for community services. Families in the area can anticipate increased access to pediatric care providers as these facilities move closer to population centers.
Further reading
For more information on market trends in the region, visit the West Palm Beach Commercial section.
Source note: This article includes information reported by The Real Deal New York.
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