Mayo Clinic invests $785M in capital projects

Rochester, Minn.-based Mayo Clinic will invest $785 million to build a hospital in Wisconsin and expand hospitals in Minnesota and Florida.

The new hospital in La Crosse, Wis., will be six stories with 70 beds, according to a Feb. 22 news release. It will have a surgical and procedural floor, endoscopy suites, cardiac catheterization labs and medical-surgical units. The facility will replace the current hospital building.

The Mankato, Minn., expansion will add 121 beds and three stories above the emergency department, cancer center and specialty clinic foyer. It will also have a new intensive care unit, medical-surgical unit and family birth center.

The two projects collectively will cost $353 million. Construction is slated to begin in the spring and will be completed in 2024.

Mayo Clinic's hospital in Jacksonville, Fla., will get a five-story expansion through a $432 million investment, according to a separate Feb. 22 news release. The project will create 121 new inpatient beds with 56 intensive care unit beds. It will also have space for future growth.

Construction is slated to begin in 2022 and will be completed in 2026.

Read more about the Wisconsin and Minnesota projects here and the Florida project here.

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