HEALTH

New Prince George's County hospital to cost $655 million

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(WJLA) - Prince George's County's new hospital will cost more than $650 million to construct and complete and have fewer beds than originally anticipated, the Washington Business Journal reports.

The new hospital will replace Cheverly's aging Prince George's Hospital Center. Photo: ABC7

The new facility, which is slated to open in Largo in January of 2018, will have space for 231 beds and will be completed at a cost of $655 million. That's about 30 beds fewer and $10 million more than previous public projections, the Business Journal reports.

Officials announced in late August that the new hospital center would be built on 70 acres of county-owned land near the Largo Town Center Metro station. Bond funding will finance about $450 million of the facility, while the rest will be covered by the county and the State of Maryland.

The hospital will replace the aging and financially-troubled Prince George's Hospital Center in Cheverly.

The reasons for the decline in hospital bed capacity were not disclosed, the Business Journal says.

READ MORE at bizjournals.com/washington.

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