Woman’s Hospital might be ready to restart construction

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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 changing 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 resulting information from subcontractors will be used to determine permanent financing. 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.

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