Prince of Wales Hospital Reconfiguration and Expansion - Part of Randwick Campus Redevelopment




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Prince of Wales Hospital Reconfiguration and Expansion - Part of Randwick Campus Redevelopment
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Announced
VALUE: $500M AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Unknown
TYPE: Greenfield

The Randwick Hospitals Campus includes the Prince of Wales hospital, which is major teaching hospital located in the eastern suburbs of Sydney. In March 2015, the NSW Government committed $500 million, sourced from the Rebuilding NSW fund, for the reconfiguration and expansion of the Hospital hospital. This will be the first major upgrade of the hospital in 20 years. The Government committed a further $220 million to the campus redevelopment in the 2017-18 State Budget.

The reconfiguration and expansion of the campus will include a new acute services building comprising:

- Emergency department;
- Extra beds:
- Rehabilitation and ambulatory care facilities; and
- Shared operating theatres.

A masterplan for a dedicated mental health precinct has also been completed.

The final business case for the Randwick Campus Redevelopment, including the Prince of Wales Hospital reconfiguration and expansion, will be released by the end of 2017.



Last updated: 21/11/2017

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