Plenary preferred for New Footscray Hospital

MELBOURNE, VICTORIA – The Plenary Health consortium has been selected as preferred bidder for the New Footscray Hospital project, the largest single health infrastructure investment in Victoria to date.

The new hospital will feature more than 500 beds, enabling care for almost an additional 15,000 patients and an extra 20,000 people to be seen by the emergency department each year.

It will also deliver more outpatient, palliative care and mental health services ensuring the community can access quality care closer to home.

The hospital is being delivered as a public-private partnership, with the consortium set to design, construct, finance and maintain the hospital for 25 years in partnership with the Victorian Government.

Plenary Head of Origination Paul Crowe welcomed the appointment and congratulated the government and Western Health teams.

“This is a rare opportunity to have a material impact on health care for the western suburbs community,” Mr Crowe said.

“It also represents the most significant investment in social infrastructure ever seen in the inner west and will be a major source of economic stimulus over coming years.

“It is a privilege to be entrusted with this important project for Melbourne’s west.

“We and our consortium partners look forward to partnering with the Victorian Government and Western Health to deliver this much-needed and critical piece of health infrastructure.”

The Plenary Health consortium comprises:

• Plenary Group as sponsor, investor and SPV manager
• Multiplex as builder
• an integrated design team led by Cox Architecture and Billard Leece Partnership
• Honeywell and Compass Group as services providers; and
• Sojitz Corporation as investor.

Plenary Health now enters a period of exclusive negotiations with the Victorian Government to achieve financial close.

Construction is set to commence immediately upon contract award and is on track to be completed in 2025.