Biddeford hospital plans new medical building

Posted July 02, 2013, at 3:28 p.m.

BIDDEFORD, Maine — Southern Maine Medical Center plans to construct a new medical office building with a $17.5 million bond through the Finance Authority of Maine.

The 40,000-square-foot building will house a variety of services, including internal medicine, orthopedic surgery and neurology practices, and a physical and occupational rehabilitation therapy clinic. The hospital plans to hire nine new employees in primary health care jobs as part of the project, according to a news release from FAME.

The tax-exempt bond financing, which also will fund some improvements to existing buildings, was made through a FAME program that allows bonds to be placed with private lenders, in this case TD Bank.

The 150-bed SMMC is a member of the MaineHealth system.

http://bangordailynews.com/2013/07/02/health/biddeford-hospital-plans-new-medical-building/ printed on December 21, 2014