$1 Billion Virtua Hospital Plan Approved But Still Far From Done Deal
Virtua Health unveiled a $1 billion, 20-year plan to build a medical care campus in South Jersey. The health system has plans to construct a nine-story acute-care hospital, ambulatory surgical center, medical offices, parking garages, rehab facility, helipad, residential hospice, assisted-living centers, and even a helipad.
The plan won a unanimous 8-0 approval by the Land Development and Zoning Board in Westampton Township in Burlington County — but it’s still far from a done deal.
The campus is proposed for a 110-acre site of the former Hogan Farm at Burlington-Mount Holly Road (Route 541) and Woodlane Road (Route 630), according to the Philadelphia Inquirer. Virtua bought the site for $10 million in 2014.
Virtua officials told the Burlington County Times that construction and final approval are still years away. Jim Rivard, Virtua’s senior vice president of support services told the newspaper that “this really is absolutely a key step. It really now starts the process.”
The completed project could employ nearly 3,400 people in full- and part-time positions. Virtua says the campus would generate approximately $2.27 million in property taxes each year, the Times reported (even though certain buildings like the hospital, hospice and rehabilitation centers would be tax exempt.)