SLEEPY HOLLOW, N.Y. -- County Executive Rob Astorino announced the county’s Local Development Corporation (LDC) approved a resolution that will give Phelps Memorial Hospital in Sleepy Hollow access to $14 million in tax-exempt bond financing toward the construction of a new 20,000 square-foot surgical suite at the existing Medical Services Building.
In addition to the new surgical suite, the project will also include construction of a 200-foot long enclosed corridor bridge connecting the new surgical suite to the main hospital building.
Before the board voted, a presentation was made on behalf of the hospital detailing how the plan will improve patient care by increasing efficiency and staff productivity, while creating 10 permanent medical professional jobs.
“Thanks to the partnership between Phelps Memorial Hospital and the county’s Local Development Corporation,” Astorino said in a statement, “Westchester residents will have more access to outstanding healthcare and our talented workforce of medical professionals will have more opportunity to find good paying jobs.”
With the Phelps Memorial Hospital project, the LDC will have issued $246,425,000 in tax-exempt bonds to Westchester non-profits and helped create 774 jobs, according to the LDC.