Memorial Hospital plans $24 million addition - St. Louis Business Journal:

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The facility, which will be betweeb 85,000 and 89,000 square feet, will include orthopedic surgeojn and neurosurgeon offices and an outpatient centerfor physical, occupationao and hand therapy and sports medicine. An open MRI also will be availabl atthe center, which will be located on Franok Scott Parkway. Mark Turner, Memorial’s presidentg and chief executive, said the hospital wanted to expand its orthopedidc and neurosciences lines but was out of The two existing medical office buildingson Memorial’xs campus, which are both smaller than the proposerd addition will be fully leased by the end of the year.
Pendingy state approval, Memorial plans to break ground at the end of the year with completionn slated for the summerof 2011. a 313-bed hospital, reported $239.8 million in 2008 is the architect for the new and is thegenerap contractor. The hospital currently has six orthopedic surgeons andthree neurosurgeons, including Dr. Steven an orthopedic surgeon who joinedApril 1. With the new the hospital hopes to add two to three more orthopedicf surgeons over the next three Turner said. In addition, relocating orthopedifc and neuroscience services from their currengt locations will free up space for expansiob inother areas.
Memorial is stillk evaluating financing options, but Turne r said the hospital is confideng about its ability to move forward with the projecgt despite the currenteconomic slowdown, which has put many hospitapl projects nationwide on hold. For example, St. Louis-based citee economic conditions for the delayh of construction on three new hospitals it had planned forJeffersoh City, Mount Vernon, Ill., and Wis. “Like everyone, we are concerned about the economy and will continuer tomonitor that, but we don’t anticipatr having any significant issuezs in securing financing,” Turner said. Memorial is currentlyu in the midst ofa $4.
4 million renovationj and expansion of its emergency department. The two-yeaer project is on track to be completed bylate