UNC Health Care’s Executive Committee is voting on a resolution today to purchase property in the Waterstone development in Hillsborough. UNC plans to buy 83 acres and build a new 68 bed hospital on the property.
I thought the project might get a red light given the state of the economy, but apparently UNC has put its plans for a bed tower on hold temporarily.
CEO Bill Roper explains in this letter his plans for the property. He notes that UNC will pay $17.4 million for the property.
The purchase is also evidence that the Certificate of Need office has approved the Hillsborough hospital. Normally, a hospital will have a letter of intent until it gets word from the state that the project is acceptable.