Cogdell Spencer ERDMAN(SM) Announces the Signing of Contracts Totaling $88.8 Million in Janesville, Wisconsin
16 Julio 2009 - 1:38PM
PR Newswire (US)
JANESVILLE, Wis., July 16 /PRNewswire-FirstCall/ -- Cogdell Spencer
ERDMAN is pleased to announce the signing of design-build contracts
totaling $53.9 million for St. Mary's Janesville Hospital with SSM
Health Care of Wisconsin, Inc. and $34.9 million for Dean
Janesville Clinic with Dean Health Systems, Inc. Scheduled to begin
during the third quarter, completion is expected sometime in late
2011. The projects will be constructed on the new medical campus
located at the I90/I39 and Hwy 11 interchange in Janesville,
Wisconsin. Cogdell Spencer ERDMAN collaborated with Shepley
Bulfinch of Boston, MA on the programming, planning and design of
the hospital and clinic project. With approximately 160,000 square
feet, the hospital design emphasizes spaces that facilitate
patient, caregiver, and family interactions. The hospital will
feature a multi-story building with 50 private patient rooms,
emergency department, imaging, laboratory, intensive care unit, six
operating rooms with associated prep/recovery bays, family birthing
center, sleep study center, administrative offices, dining area and
town square entry lobby. The four-story multi-specialty outpatient
clinic will consist of approximately 150,000 square feet, which
includes retail space, urgent care, primary care, specialty care,
eye care, mental health, surgical specialists, ancillary services
including pharmacy, imaging, laboratory, outpatient cardiac rehab,
therapy services, conference center and business office. The design
of both facilities incorporates leading edge technology in a warm,
patient-friendly environment. "We are very excited to be working
with two healthcare systems so dedicated to bringing the highest
level of quality, integrated delivery, innovation and patient
focused care to the market," said Scott Ransom, President of
Cogdell Spencer ERDMAN(SM). The team at Cogdell Spencer ERDMAN(SM)
focused on collaboration with the community and our partners at SSM
Health Care of Wisconsin and Dean Health System to lead to an
innovative solution which will change the way healthcare will be
delivered in Janesville for generations to come. About Cogdell
Spencer ERDMAN(SM) Cogdell Spencer ERDMAN(SM) is the nation's
premier integrated healthcare facilities company. Our clients count
on us as a trusted partner in defining their healthcare delivery
strategies and developing innovative facilities solutions to
support them. We are widely recognized for creating sustainable,
efficient healing environments for our clients and their patients.
The Company has been built around understanding and addressing the
full range of specialized real estate needs of the healthcare
industry. Cogdell Spencer ERDMAN is a service mark of the
wholly-owned operating company of Cogdell Spencer Inc. Learn more
about Cogdell Spencer ERDMAN and its parent company Cogdell Spencer
Inc. (NYSE:CSA) at http://www.cogdellspencer.com/. Forward-Looking
Statements This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements reflect the Company's views
about future events and are subject to risks, uncertainties,
assumptions and changes in circumstances that may cause actual
results to differ materially. Factors that may contribute to these
differences include, but are not limited to the following: market
trends; our ability to obtain future financing arrangements; our
ability to renew ground leases; our ability to comply with
financial covenants in our debt instruments; defaults by tenants;
and changes in the reimbursement available to our tenants by
government or private payors. For a further list and description of
such risks and uncertainties, see the reports filed by the Company
with the Securities and Exchange Commission, including the
Company's Form 10-K for the year ended December 31, 2008. Although
the Company believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be realized. The
Company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. DATASOURCE: Cogdell
Spencer ERDMAN CONTACT: Dana Crothers, Marketing Director,
+1-704-940-2904, Web Site: http://www.cogdellspencer.com/
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