Financing Approved For E Norriton Hospital
The Montgomery County Industrial Development Authority has approved issuing up to $375 million in bonds to finance construction of a new hospital in East Norriton. The Albert Einstein Healthcare Network plans to build what it calls a regional medical center on the 84-acre Woods Golf Center Site, at Germantown Pike and Whitehall Road. The plans call for a 360,000 square foot main building with a 180-bed five-story patient tower. They also call for a two-story medical office building and parking for more than 1,000 cars. Germantown Pike would be widened in front of the site as part of the project, and Einstein will give East Norriton another $1 million for off-site road improvements. Groundbreaking is set for March.