The new $43 million center is to be the first of $850 million in investment from Nashville based Vanguard Health Systems which will improve or expand some of Detroit Medical Center’s aging facilities.

 

Other projects will include a $170-million Children’s Hospital Tower.

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]]> DETROIT — A groundbreaking ceremony was held for the Children’s Hospital of Michigan Pediatric Specialty Center in Detroit.

 

The new $43 million center is to be the first of $850 million in investment from Nashville based Vanguard Health Systems which will improve or expand some of Detroit Medical Center’s aging facilities.

 

Other projects will include a $170-million Children’s Hospital Tower. The new five-story facility will be built across the street from the current Children’s Hospital and will consolidate outpatient services, offering both primary and preventive care. Its construction marks the first expansion at the DMC’s main campus in decades.

 

Mike Duggan, DMC President and CEO says that Vanguard’s commitment to buy DMC enabled the ground breaking to “stay on track and on schedule.”

 

DMC recently delayed the closing of its $1.5 billion sale to Vanguard until the end of the year. If approved, the sale will be the single largest private investment in Detroit history. It currently awaits approval by Michigan’s Attorney General.