Jacobs to Deliver Major Redevelopment for Hospital and Health Precinct

Rhea-AI Summary

Jacobs has been selected by New South Wales Health Infrastructure as the lead architect for the redevelopment of St George Hospital in Sydney, Australia. The project is estimated at $282 million (AU $411 million) and aims to enhance care for a growing multicultural population. Scheduled for completion in 2025, the new Integrated Ambulatory Care Precinct will consolidate various health services, improving clinical integration. Jacobs has previously managed over $2.45 billion in healthcare projects, showcasing its capability in delivering innovative healthcare solutions.

Positive

• Awarded a contract worth $282 million to redevelop St George Hospital.
• Project will improve healthcare capacity and services for a growing population.
• Scheduled for completion in 2025, enhancing future healthcare delivery.
• Jacobs has experience with over $2.45 billion in healthcare projects.

Negative

• None.

New facility will meet growing demand for quality healthcare services in Sydney, Australia

DALLAS, July 21, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was named by New South Wales (NSW) Health Infrastructure as lead architect and principal design consultant for stage three of the St George Hospital and Community Health Services campus redevelopment. This work will deliver a new Integrated Ambulatory Care Precinct, providing improved capacity and capability to treat a growing and aging multicultural population managing chronic and complex diseases.

The NSW government is investing $282 million (AU $411 million) to build the new precinct and improve parking facilities on site. On track to be completed in 2025, the precinct improves clinical integration and care coordination by bringing together a range of ambulatory, outpatient and community services that are dispersed throughout the health campus.

"The COVID-19 pandemic is driving rapid adaptation and change in healthcare design," said Jacobs People & Places Solutions Senior Vice President and General Manager Asia Pacific & Middle East Keith Lawson. "This is a great opportunity for Jacobs to help NSW reimagine the health services of tomorrow by incorporating innovative digital and virtual technologies into their design."

Jacobs has worked with NSW Health Infrastructure to deliver award-winning healthcare facilities for more than 15 years and is currently helping deliver more than $2.45 billion (AU $3.5 billion) in projects across a variety of roles, including the Royal Prince Alfred (RPA) Hospital stage one redevelopment project. Earlier as lead architect for stage two of the St George Hospital Redevelopment project, Jacobs delivered a new acute services building with enhanced critical care services, including a new birthing unit and two refurbished theaters.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

 

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SOURCE Jacobs

FAQ

What is the significance of Jacobs being named lead architect for St George Hospital?

Jacobs' role as lead architect signifies its expertise in delivering crucial healthcare projects, aimed at improving healthcare services in Sydney.

What is the budget for the St George Hospital redevelopment project?

The budget for the redevelopment project is $282 million (AU $411 million).

When is the St George Hospital redevelopment expected to be completed?

The redevelopment is scheduled to be completed in 2025.

How has Jacobs contributed to healthcare facilities in Australia?

Jacobs has delivered over $2.45 billion in healthcare projects, demonstrating its commitment and capability in the sector.