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Delaware Valley Hospital details $80.6 million expansion; county board approves formation of local capital resource corporation

5071137 · June 25, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Delaware Valley Hospital told the Delaware County Board of Supervisors it has state approval to expand its Walton campus to add a 113,000-square-foot wing with 25 inpatient single-bed rooms, and the board approved creation of a Delaware County Capital Resource Corporation to enable tax-exempt bond financing for the project.

Delaware Valley Hospital representatives updated the Delaware County Board of Supervisors on plans to build a 113,000-square-foot addition to the Walton hospital campus and said the project will be financed in part with up to $60 million in tax-exempt bonds issued through a newly formed local capital resource corporation.

The hospital presentation, made during the board's meeting, said the addition will include 25 inpatient single-bed rooms, expanded outpatient and specialty services, a larger laboratory and draw station, physical and occupational therapy space, expanded outpatient pharmacy services (including a potential drive-through), and collaborative workspace for community-based partners. The hospital representative said bids are expected to be solicited in August, construction would begin in mid-September, and the build is estimated to take roughly two years with partial occupancy in mid-2027 and full completion in September 2027.

The project has state and local approvals but carries standard contingencies. The hospital representative said the New York State public…

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