Lakewood Ranch Medical Center Announces $120 Million Expansion Project
Lakewood Ranch Medical Center (LWRMC) has announced plans to add a new $120 million, five-story, 60-bed patient tower to the Lakewood Ranch campus. Located in the heart of the Lakewood Ranch community, the acute-care hospital currently has 120-beds and provides a full array of medical services ranging from cardiovascular, surgical and orthopedics to stroke, maternity and obstetrical care, intensive care and emergency services.
Construction of the new 170,000 sq. ft. tower is Phase 1 of a multi-phase plan for facility expansion scheduled to take place during the next several years. The first phase will add 60 patient beds and will include expansion of key ancillary departments including Pharmacy, Laboratory, Education, Pre-Admission Testing and Food and Nutrition Services. The tower will include shell space for an additional 60 patient beds, the ability to add two more floors, and expansion of other areas as the hospital continues to grow its services. The addition of patient beds and services will also result in the addition of approximately 100 new jobs.
“The significant population growth we’ve experienced since 2016, and projected growth during the next several years, are driving the need for this expansion,” explains Andy Guz, Chief Executive Officer at LWRMC. “We are looking forward to expanding our capacity so we can continue to provide the high-quality care that meets the medical needs of our community.”
Pre-construction work on the 60-bed patient tower is slated to begin in 2023 and the first phase of the project is expected to be completed in 2025.