VIrtua is taking another step forward with its plans to
build a $1 billion medical complex in Burlington County by presenting plans for
the Westampton project at a public hearing before the state Department of
Health Monday night.
The South Jersey health system's 20-year development plan
for a 110-acre site between Routes 541 and 630 includes a nine-story
replacement hospital for Memorial Hospital of Burlington County in Mount Holly.
The Westampton Township Land Development Board gave
preliminary approval to Virtua's plans in 2015. Because of the state, land
development and zoning approvals required, Virtua does not expect to get the
greenlight to begin building until 2019. The health system's goal is to have
construction completed sometime in 2022.
In addition to its proposed 339-bed, 670,000-square-foot
hospital, Virtua’s plans for the property also include a long-term care
facility, a medical office building, an ambulatory surgery center, a hospice
center, an assisted living facility and two parking structures. A health system
spokeswoman said the hospital alone is expected to cost about $527 million, and
will be funded through financing and Virtua’s existing equity.
The public hearing will be held at the Hilton Garden Inn
in Westampton and begin at 6 p.m.
Source: Philadelphia
Business Journal
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