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Institutional

Jul 16, 2025

Memorial Regional’s $670M Expansion in Hollywood, FL

Memorial Regional’s $670M Expansion in Hollywood, FL
Traded Media
Traded Media

Traded Editorial

2 min read

Key Points

  • $670 million investment for a 400,000 sq ft Surgical & Patient Bed Tower with 150 acuity-adaptable beds—set to complete first phase by 2029 and fully by 2031.

  • 21 new ORs, including a hybrid OR, prep/recovery bays increased from 37 → 58, plus new CT suite, satellite pharmacy, and sterile processing unit.

  • Funded via operational cash, debt, investments, backed by sturdy fiscal foundation of Memorial Healthcare System and community-supported oversight.

Memorial Regional Hospital in Hollywood, FL, has officially greenlit one of its most ambitious capital projects to date: a cutting-edge $670 million Surgical & Patient Bed Tower designed to address South Florida’s rapidly growing healthcare demands.

Phase Breakdown & Timeline

  • Phase One (by 2029): Ground-up construction of a new surgical tower.

  • Phase Two (by 2031): Addition of a connector linking the tower to the main hospital, during which Memorial remains fully operational with minimal disruption. Core Features & Clinical Enhancements

  • A 400,000 sq ft addition with 150 acuity-adaptable beds, boosting capacity and flexibility .

  • 21 operating rooms, including a hybrid OR for advanced imaging and space reserved for future expansion.

  • Support areas expanded: prep/recovery zones grow from 37 → 58 bays, new sterile processing department, CT suite, and satellite ICU pharmacy are all included.

  • Improving patient flow and environment: redesigned lobby and circulation, prioritizing welcoming and wayfinding enhancements.

Robins & Morton: Driving Regional Healthcare Builds

  • Robins & Morton, based in Birmingham, AL, leads the project with strong regional presence—offices in Fort Lauderdale, Tampa, and Orlando, employing ~200 staff across South Florida.

  • The firm has over $1 billion in healthcare contracts statewide, including UHealth SoLé Mia, UHealth Tower, Gloria Drummond Tower at Boca Raton Regional, and Baptist Health Rehab Hospital.

  • Their pipeline incorporates innovative methods—like VR mockups at UHealth SoLé Mia—to optimize design ahead of build, saving time and costs.

Funding & Regional Drivers

  • Funding strategy: Mix of operational cash flow, debt, and investments—fuelled by Memorial’s strong financial health and commitment to fiscal responsibility.

  • Regional context: Florida’s accelerating population growth—part of the 21.5 million-strong megaregion—demands expanded healthcare infrastructure in sprawling metro areas. Memorial’s expansion aligns with this trend.

  • System leadership: Interim CEO Shane Strum (also Broward Health CEO) emphasizes strategy connecting expansion to long-term community care goals.

Memorial Regional’s $670 million expansion is a significant long-term CRE play in South Florida—designed to deepen surgical capacity, flexibility, and patient care while adding major square footage to a flagship hospital. With Robins & Morton’s proven regional execution and Memorial’s financial backbone, this is more than a construction project—it’s a strategic bet on healthcare infrastructure in one of America’s fastest-growing regions.

#Florida#Institutional
Published: Jul 16, 2025Last updated: July 15, 2025