UChicago Medicine is ready to build an $815 million stand-alone hospital dedicated to cancer care on its Hyde Park campus after making changes to its original plans following months of community input, the Chicago Sun-Times reports.
Construction costs at the new cancer hospital have spiked 29 percent, from $633 million to $815 million due to design changes and inflation, the Chicago Tribune reported today.
The facility planned to house 128 beds, but that number has now slipped to 80. The reduction in beds was due to managing the cost of the project.
The prominent South Side health system submitted an application to the state Health Facilities and Services Review Board this month and is awaiting approval to start construction on the 575,000-square-foot facility in the second half of this year, UChicago Medicine health system said. The hospital would begin accepting patients in 2027.
Health system officials said the new center will streamline the process for patients receiving care, consolidating services that are currently spread across at least five buildings on the Hyde Park campus. Read more.
