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SSH To Use $137.25M In Bonds For New Construction, Upgrades

Jul 19, 2016 | Reprints | Unlock Link | Print

South Shore Hospital Inc. recently received two tax-exempt MassDevelopment bonds totaling approximately $137.25 million.

The hospital is using the bonds to build a new critical care unit, renovate an existing building to accommodate more beds, upgrade technology and HVAC systems and make interior lighting and landscape improvements. The bond proceeds will also be used to refund and refinance previous debt. The hospital expects the project to create 233 hospital jobs.

B&T Daily