Belgium Firm to Build $100M Proton Therapy Clinic

JACKSONVILLE, FL-In a deal that took two years to negotiate, this north Florida metropolitan area in 2005 will be home to the $100-million Florida Proton Therapy Institute, one of only three facilities in the US to offer proton beam therapy, a highly precise form of radiation therapy.

The joint venture of Belgium-based Ion Beam Applications S.A. and its subsidiary, IBA Proton Therapy Inc., plans to develop the Institute at a 90,000-sf building adjacent to the University of Florida’s Shands Hospital Jacksonville campus.

The local office of Orlando-based law firm Akerman Senterfitt represented the joint venture in the deal that lawyer Stephen G. Prom calls “one of the most complex transactions in decades in Jacksonville.”