$25M funding for St Vincent's Redevelopment You are here:HomeNewsroomAnnouncements $25M funding for St Vincent's Redevelopment 03 Sep 2020 We are delighted to announce that NSW Health Minister Brad Hazzard and Treasurer Dominic Perrottet today announced $25million funding as an initial investment in the redevelopment of the St Vincent’s Campus. This funding will support additional ICU beds and ambulatory care capacity in our existing clinical buildings, as well as detailed planning and early-works construction work of the Cahill-Cater Project – a key part of the St Vincent’s Darlinghurst Campus Redevelopment. Between 2015 and 2017, St Vincent’s undertook major Campus planning including developing our Clinical Services Strategy; our clinical services plan to project demand over the decade to 2027, and a Campus capital Masterplan to deliver a significant increase in clinical service capacity. The priority project identified from the Masterplanning process is the Cahill-Cater Project – a $412million project of clinical expansion within existing Hospital buildings, the demolition of the existing Cahill-Cater buildings and its replacement with a new building. Today’s announcement will allow for detailed planning of the Cahill-Cater redevelopment, including schematic design and final business case. The funding will also facilitate some immediate priority works for expanded capacity in Xavier of 6 additional ICU beds and 12 ambulatory care spaces which will particularly support our growing heart lung transplantation work. The third component of today’s funding announcement relates to safety remediation and construction preparation in the Cahill building before it can be safely demolished and rebuilt. In making the announcement today, Health Minister Hazzard said “The NSW Government recognises the significant contribution St Vincent’s Hospital makes to delivering first-class health care, not only to Sydneysiders but to patients right across the state.” The central role St Vincent’s has played in recent months in our Pandemic response – highlights just how important our institution is for the people of NSW and beyond. This proposed redevelopment provides the optimal solution for St Vincent’s to meet our rapidly growing demand, delivering the promise of precision medicine, implementing innovative ambulatory & virtual healthcare delivery models, and establishing our long-envisioned St Vincent’s Heart Lung Vascular Institute. It is envisaged that the redevelopment involving the substantial refurbishment of the existing Xavier/Aikenhead buildings would deliver new inpatient and ICU beds, expanded outpatient areas – including the Heart-Lung-Vascular Institute, a Precision Medicine centre, a clinical trials unit, additional operating theatres & procedural rooms, inpatient mental health facilities, as well as expanded imaging and pathology services. We also anticipate that the proposed redevelopment will deliver unique economic benefits for the broader community by introducing new and enhanced models of ambulatory care while increasing essential inpatient treatment capacity, expand the delivery of virtual care, provide patients in rural and regional NSW greater access to our specialty services, and maximise the co-location with St Vincent’s Private by creating a common zone of core clinical services. Today’s announcement is a crucial first step to future-proofing our Campus and recognition of our role as one of the jewels in Australia’s healthcare landscape. St Vincent’s has achieved so much of what it has since 1857 because of the partnership between our founding Sisters and the NSW Government. As our Campus contends with unprecedented growth in demand from our local population, as well as the 50% of patients who access our specialised care from the rest of NSW and beyond, I am delighted that the Government is continuing this proud partnership legacy with St Vincent’s. Thank you to all those who have worked so hard in making today’s announcement possible, particularly Charles Curran AC and the St Vincent’s Curran Foundation.