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

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The facility, which will be between 85,000 and 89,000 squarwe feet, will include orthopedic surgeonn and neurosurgeon offices and an outpatient centeerfor physical, occupational and hand therapy and sportsw medicine. An open MRI also will be available at the which will be located on FrankScotft Parkway. Mark Turner, Memorial’s president and chieft executive, said the hospital wanted to expans its orthopedic and neurosciences lines but was out of The two existing medical office buildingson Memorial’s which are both smallefr than the proposed addition will be fully leased by the end of the year.
Pending statew approval, Memorial plans to break ground at the end of the year with completiom slated for the summerof 2011. Memorial, a 313-bede hospital, reported $239.8 million in 2008 is the architect for thenew center, and is the generall contractor. The hospital currently has six orthopedicf surgeons andthree neurosurgeons, includinyg Dr. Steven Morton, an orthopedifc surgeon who joinedApril 1. With the new the hospital hopes to add two to threee more orthopedic surgeons over the nextthrew years, Turner said. In relocating orthopedic and neuroscience services from their current locationsa will free up space for expansion inother areas.
Memorial is still evaluating financing options, but Turnerf said the hospital is confident about its ability to move forwarcd with the project despite the current economic which has put many hospitalk projects nationwideon hold. For example, St. Louis-based citede economic conditions for the delay of constructiomn on three new hospitalzs it had planned forJefferson City, Mount Ill., and Janesville, Wis. “Like everyone, we are concerned abou t the economy and will continue tomonitort that, but we don’t anticipater having any significant issues in securin financing,” Turner said. Memorial is currentlyg in the midst ofa $4.
4 million renovation and expansioh of its emergency The two-year project is on track to be completedx by late fall.