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The new hospital, which will be the centerpiece of Valley's healthcare campus in Paramus, will be funded through the issuance of bonds, hospital equity and philanthropic contributions. Valley anticipates the new hospital could open as early as 2023.
Berkadia arranged the sale and acquisition loan for the property located in Orlando's Winter Park suburb near Full Sail University, Rollins College and the University of Central Florida.
Among the changes to the $30 million in grant funding include making some funding available to potential cannabis dispensaries and related companies that are considering locations in qualified South and West side investment areas.
The chosen developer will design, build, and maintain a sustainable, mixed-use development consistent with DRWC guidelines. Teams are invited to respond to the RFP to develop one or both sites by Feb. 7, 2020.
The MOU between NJ TRANSIT and the Middlesex County Improvement Authority will provide for the design and construction of a train station at the North Brunswick Transit Village along the Northeast Corridor.