The Real Deal Miami

Construction to start on new hospital in Palm Beach Gardens

August 08, 2011 04:25PM

Tenet Healthsystems has announced plans to build a new 80-bed hospital in Palm Beach Gardens in partnership with the Scripps Research Institute, the Palm Beach Post reported. The hospital will be built on 30 acres of county-owned land within the Briger tract, a wooded parcel along Interstate 95.
Construction of the hospital is slated to begin once state approvals are in place. The work should create 250 full-time jobs for two years.
Palm Beach County Commission Vice Chair Shelley Vana said the hospital is expected to create an economic impact of about $402 million over five years.
The creation of a biotech hub was the goal of an initial $300 million incentive grant given to Scripps in 2005 by the state.
“Four hundred is a good number, and it is a return on our investment,” Vana said. [Palm Beach Post]