Plans for the 12-story, 1.3 million-square-foot hospital include 424 beds and 24 operating rooms. The facility will replace University Hospital – St. Paul, which opened in 1963, according to the report.
The $800 million facility will be financed using $400 million in fixed-rate bonds, with the other $400 million coming from designated funds and gifts.
The Texas Higher Education Coordinating Board must now approve the hospital and is expected to make a decision within a month. If approved, the hospital is expected to be completed by Sept. 2014, according to the report.
Read the Dallas Morning News report on the new hospital at UT Southwestern Medical Center.
Read more coverage about UT Southwestern Medical Center:
– Lawsuit Against UT Southwestern Medical Center to Move Forward
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