News Formal

HonorHealth outbids Banner Health in Valley land auction - Phoenix Business Journal

  • 📰 phxbizjournal
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Banner Health had big plans for the land, but the auction didn't go its way. phoenix

A vigorous bidding war kept a standing room only crowd on their toes on Wednesday as two nonprofit hospital systems battled for a 48-acre parcel of Arizona land.

, ratcheting up the price of the land that started at a minimum bid of $56.95 million all the way up to $84 million. The live auction was held Nov. 16 at the Arizona State Land Department offices in downtown Phoenix. Going any higher than that just wouldn't make the numbers work, Laraway told the Phoenix Business Journal after the auction.After signing the necessary documents, LaPorte told the Business Journal that he's not so sure there's a need for another hospital campus on that parcel, considering Mayo Clinic Hospital and HonorHealth Scottsdale Thompson Peak Medical Center are nearby.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 254. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Seagate cutting 84 jobs in Silicon Valley - Silicon Valley Business JournalThe cuts follow the hard drive maker's announcement last month it planned to cut 7.5% of its global workforce.
Källa: svbizjournal - 🏆 334. / 59 Läs mer »

Lehigh Southwest Cement Company won't restart production at Silicon Valley plant - Silicon Valley Business JournalThe 83-year-old plant had been cited for thousands of violations over the last decade.
Källa: svbizjournal - 🏆 334. / 59 Läs mer »

Lehigh Southwest Cement Company won't restart production at Silicon Valley plant - Silicon Valley Business JournalThe 83-year-old plant had been cited for thousands of violations over the last decade.
Källa: svbizjournal - 🏆 334. / 59 Läs mer »