Westchester Medical Center is set to receive a $195 million tax-exempt bond to complete a 163,000 patient care center on its sprawling commercial campus in Valhalla, New York. Known as the Patient Care Tower, the five-story building will have 128 ICU patient beds and facilities for trauma care, neurosciences, cardiology, and general surgery.
The bond was approved by Westchester County’s Local Development Corporation (LDC) earlier this month. The LDC estimates that the project will generate more than $3.5 million for the country over the next 30 years. This includes sales tax revenue and bond proceeds, New York YIMBY reports.
The project is also expected to create more than 770 construction jobs and 127 permanent positions.
Construction is expected to last approximately 24 months. Read more.
