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Winter financial close expected for £237m Alder Hey hospital

The Acorn consortium, comprising John Laing, Laing O’Rourke and Interserve, will be formally announced as preferred bidder on the £237m Alder Hey hospital today.

The Acorn bid was confirmed as preferred bidder ahead of Balfour Beatty for the part-PFI funded project in February and expects to reach financial close by winter.

Alder Hey chief executive Louise Shepherd explained: “We are extremely proud of the care that takes place every day in our hospital. However, it is credit to our staff that they continue to provide quality healthcare in a building that is old and overcrowded with limited room for expansion.

“The designs for the hospital have been inspired by children and it was a drawing from one of our patients which inspired the design we will see today. We felt it was really important to design this hospital with the help of our children who have been involved throughout the development phase.

The new hospital will be built in Springfield Park, next door to the current site. Once the building is constructed the existing Alder Hey will be demolished and turned into a replacement park.

The new hospital will have a floor area of 60,000 sq m and will have 270 beds, including 48 critical care beds for patients in ICU, HDU and Burns. There will be six standard wards with 32 beds and the majority of children will have their own room with en-suite facilities, improving patient and family privacy and dignity.

The unique design will also ensure that the majority of bedrooms have park views and patients will have easy access to play areas on and outside their ward. There will also be 16 operating theatres, four for day-case surgery and 12 inpatient theatres. The new development will also include a multi-storey car park with 1200 spaces, 200 more than the current site.

A large proportion of the scheme will be funded by cash surpluses generated by Alder Hey and from the Trust’s charity with the remaining borrowing for the scheme (£104m) to be funded through PFI.

John Laing and Laing O’Rourke each hold 40 per cent of the total investment equity in the project with Interserve holding 20 per cent. Laing O’Rourke Construction will design and build the new hospital and Interserve will provide the hard facilities management services.

The project is expected to achieve financial close in Winter 2012 and the official opening of the new hospital is planned for Summer 2015.

John Laing’s director of healthcare projects, Peter Ward, said: “We’re delighted to be working with Alder Hey to develop the new hospital, giving the Trust’s staff and patients a hospital that matches the quality of their care. Its unique and instantly recognisable design will help promote Alder Hey’s care, teaching and research across the UK and internationally, and give children and their families the very best therapeutic environment.”

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