Memorial Hospital to Invest $230M for Expansion
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South Bend-based Beacon Health System says it will invest $232 million to expand Memorial Hospital in downtown South Bend. The health system says it will build a 10-story tower, plus the addition of several floors on top of part of its existing footprint.
Beacon says the expansion will create 500 new jobs once the project is completed in March 2026. The project will result in more than 50 new patient beds on top of its current 250 adult bed capacity.
“This is a transformational, once-in-a-generation project that will serve the growing health care needs of patients in our region for decades to come,” said Larry Tracy, president, Memorial Hospital. “Understanding how we play a critical role in serving the health needs of our community, we have spent thousands of hours examining how we will provide clinical care and improve our patient, family and staff experience in this facility.”
Beacon says the patient rooms will be larger, quieter and will have their own temperature controls, and they will be equipped with telemetry, remote monitored alarms and mobility lifts.
Last fall, the project was included in the city’s Regional Economic Regional Economic Acceleration and Development Initiative proposal for the Indiana Economic Development Corporation’s $500 million READI project. The northern Indiana region was one of five in the state to receive the full $50 million award.
Analysis conducted by the South Bend Regional Chamber indicates the Memorial project will have a more than $400 million economic impact on the community when factoring in construction, local employment gains and increased economic activity.
Click here to learn more about the project.
We’ll have more on this project in Thursday’s INside Edge Morning Briefing e-newsletter.