Scripps Health announced plans to expand Scripps Memorial Hospital La Jolla into a regional medical campus. The $2 billiion project seeks to rebuild the 43-acre hospital over the next 25 years according to a CoStar report. The new campus will include three new hospital towers, medical offices, research and graduate medical education facilities and an outpatient pavilion. The groundbreaking for the first tower, the hub of the Scripps Cardiovascular Institute, is scheduled for June 2011. Following the completion of the first tower, construction will continue with two additional hospital towers, two new medical office buildings, research and graduate education facilities, and an outpatient care pavilion.
Funding for the hospital’s expansion will come from operating revenues, borrowing and community support. Thus far, $32 million of its $125 million fundraising goal for the first tower has been contributed in the form of philanthropic gifts. Hospital officials said the plan has been driven in part by a looming deadline to meet state earthquake safety standards according to a La Jolla Patch article. "We needed to do seismic retrofitting but took the opportunity to do more than that and build a medical campus that would meet the future needs of the community," Scripps La Jolla spokeswoman Lisa Ohmstede said.
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