BEATRICE – The former Beatrice Community Hospital is coming down, making way for the transformation of the area into residential housing…both senior and single-family homes.
Officials held a groundbreaking near 10th and Jackson Streets Monday…and watched as a backhoe took the first swipes at the old hospital building. Mayor Stan Wirth says Excel Development Group was the first developer to approach the community about such a project, following completion of a housing needs in the area.
:15 “many, many years”
The neighborhood area will include the Porter Estates housing project for persons 55 and older, along with single family homes and workforce-level housing.
President of the Beatrice Community Hospital Board of Directors, Mitch Deines honored the employees who worked at the old hospital for many years. He also paid tribute to the foresight of the boards of the Mennonite Deaconess Hospital and the Lutheran Hospital, joining together to form Beatrice Community Hospital.
Deines said the Porter Estates project is named after Dr. John and Doris Porter.
:28 “viable property”
The new Beatrice Community Hospital was constructed along North U.S. Highway 77, moving to that site in February, of 2012. Excel Development expressed interest in buying the old hospital property, and a purchase agreement was signed in February, of 2017.
The new housing projects are being financed through a public-private partnership that includes Midwest Housing Equity Group, Advantage Capital, Horizon Bank and the Nebraska Investment Finance Authority.