Marin General Hospital in Greenbrae, Calif., sold $158 million of revenue bonds to help complete a new hospital wing bringing it up to new earthquake safety standards, according to an article on the Bond Buyer website,
The funds will help complete a $535 million project to retrofit the 235-bed Northern California-- hospital which began construction in 2016. The replacement project is aimed at meeting healthcare and earthquake safety standards that take effect in 2030.
The project includes a four-story, 260,000-square-foot replacement building, a five-story, 100,000 square-foot ambulatory service building and a new parking garage.
The current building -- which opened in 1952 and was last modernized in the late 1980s -- will be converted to administrative and outpatient use.
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