Back in business: Woman’s Hospital, which stopped work on its $350 million medical campus at the beginning of the year because of the tight credit market, may be ready to restart the project. The hospital says financial markets are more favorable, and subcontractors are being asked to refresh their pricing, because of change market conditions and a change in the project’s scope. Woman’s is looking at cutting back some elements of surge capacity in the new hospital as a way of reducing costs. The hospital plans to build a new hospital, medical office building and support facility at Airline Highway and Pecue Lane, on the site of the old Briarwood Golf Course.
From food to finance: Pelican State Credit Union has struck a deal to purchase, and then lease back, a portion of Piccadilly’s headquarters on South Sherwood Forest Boulevard. Pelican State will close on the 42,000-square-foot building in December and lease back 15,000 square feet to Piccadilly. Both companies will operate their corporate offices out of the building. Officials with Pelican State would not disclose terms of the deal. Pelican State, which was formerly the Department of Hospitals Credit Union, has eight branches across the state and is currently headquartered on Lake Sherwood Avenue.
Time for a change: The exterior of Ruth’s Chris Steak House is being remodeled to go along with recent upgrades to the restaurant interior. The restaurant will feature stucco on the outside, along with shutters, gas lanterns and an awning from the front door to the valet, says Chris Bachman, general manager of Ruth’s Chris. “We’re trying to keep things fresh,” says Bachman, noting that the outside of the popular steakhouse hasn’t been changed since it opened in the early 1980s. The work should be competed in five or six weeks, just in time for the holidays.
