MANISTIQUE - Schoolcraft Memorial Hospital (SMH) has closed the loan on its approximately $25 million new facility, according to hospital officials. On Wednesday, SMH Board Chairman Don Perigo signed the closing papers, paving the way for construction of the new hospital and Rural Health Clinic.
In April, SMH received $19 million in funding through the USDA Rural Development's Community Facilities Program, which helps support essential community facilities.
The new hospital will be located just off of U.S. 2 on West Lakeshore Drive - approximately three miles from the current facility.
"It has been many years in the making so it's with great excitement we announce...to our staff and to our community this tremendous news," SMH CEO George Montgomery said.
The new approximately 62,000 square foot hospital will boast state-of-the-art building features, as well as two operating and 12 private patient rooms.
An official ground-breaking ceremony will take place Aug. 19, with both state and local dignitaries expected to attend.
"Our board of trustees and members of our staff have worked tirelessly towards this day," said Montgomery. "It's great news for us, for our staff and for our community."
Montgomery said the building should be completed by early 2013.