Funding

Funding Needed
$58.9 (Mio)
EB5 Funding
$25 (Mio)
EB-5 Investors
50
Investment Amount
$500,000

Jobs

Job Creation per Investor
15.7
Job Creation (Total)
787
Category
Healthcare and Social Assistance
Sub-Category
General Medical and Surgical Hospitals

Location

State
Alabama
Location
Birmingham, Alabama

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Princeton Hospital Project


Project Description

Princeton Baptist Medical Centerʼs $57 million expansion project is expected to take about two and one-half years. It's the first major construction on Princeton's main campus in more than 15 years, and hospital and city leaders say the addition and accompanying renovations will create a new gateway to the surrounding community.

The new construction will create 90,000 new square feet along with renovation of existing square feet of 60,000 or a total construction of 150,000 square feet. The project will include construction of 16 new operating rooms, replacement of 6 endoscopy suites, expanded pre-and post operative support areas, replacement and new instrument processing / sterilization department, improved waiting areas, and a new lobby and chapel.

Regional Center

Sunbelt EB-5 Regional Center
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