JANESVILLE, Wis., July 16 /PRNewswire-FirstCall/ -- Cogdell Spencer ERDMAN is pleased to announce the signing of design-build contracts totaling $53.9 million for St. Mary's Janesville Hospital with SSM Health Care of Wisconsin, Inc. and $34.9 million for Dean Janesville Clinic with Dean Health Systems, Inc.
Scheduled to begin during the third quarter, completion is expected sometime in late 2011. The projects will be constructed on the new medical campus located at the I90/I39 and Hwy 11 interchange in Janesville, Wisconsin. Cogdell Spencer ERDMAN collaborated with Shepley Bulfinch of Boston, MA on the programming, planning and design of the hospital and clinic project.
With approximately 160,000 square feet, the hospital design emphasizes spaces that facilitate patient, caregiver, and family interactions. The hospital will feature a multi-story building with 50 private patient rooms, emergency department, imaging, laboratory, intensive care unit, six operating rooms with associated prep/recovery bays, family birthing center, sleep study center, administrative offices, dining area and town square entry lobby.
The four-story multi-specialty outpatient clinic will consist of approximately 150,000 square feet, which includes retail space, urgent care, primary care, specialty care, eye care, mental health, surgical specialists, ancillary services including pharmacy, imaging, laboratory, outpatient cardiac rehab, therapy services, conference center and business office. The design of both facilities incorporates leading edge technology in a warm, patient-friendly environment.
"We are very excited to be working with two healthcare systems so dedicated to bringing the highest level of quality, integrated delivery, innovation and patient focused care to the market," said Scott Ransom, President of Cogdell Spencer ERDMAN(SM).
The team at Cogdell Spencer ERDMAN(SM) focused on collaboration with the community and our partners at SSM Health Care of Wisconsin and Dean Health System to lead to an innovative solution which will change the way healthcare will be delivered in Janesville for generations to come.
About Cogdell Spencer ERDMAN(SM)
Cogdell Spencer ERDMAN(SM) is the nation's premier integrated healthcare facilities company. Our clients count on us as a trusted partner in defining their healthcare delivery strategies and developing innovative facilities solutions to support them. We are widely recognized for creating sustainable, efficient healing environments for our clients and their patients. The Company has been built around understanding and addressing the full range of specialized real estate needs of the healthcare industry. Cogdell Spencer ERDMAN is a service mark of the wholly-owned operating company of Cogdell Spencer Inc. Learn more about Cogdell Spencer ERDMAN and its parent company Cogdell Spencer Inc. (NYSE: CSA) at www.cogdellspencer.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements reflect the Company's views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially. Factors that may contribute to these differences include, but are not limited to the following: market trends; our ability to obtain future financing arrangements; our ability to renew ground leases; our ability to comply with financial covenants in our debt instruments; defaults by tenants; and changes in the reimbursement available to our tenants by government or private payors. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended December 31, 2008. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be realized. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
|SOURCE Cogdell Spencer ERDMAN|
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