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Lawrence, MA (2018)

Lawrence General Hospital

The construction of a surgical addition to Lawrence General Hospital.

Investment

  • NMTC Amount: $11,816,000
  • Total Project Cost: $55,000,000

IMPACT

  • 154 FTE jobs
  • 330 construction jobs
  • 300,000 patients served
  • 43,700 sq. ft. of real estate

Investor

Project Description

This NMTC supported financing for the construction of a surgical addition to Lawrence General Hospital (LGH). The addition added 43,700 sq. ft. on 2 floors with 7 new operating rooms.

LGH is an independent, non-government, non-religiously affiliated, not-for-profit hospital serving the greater Lawrence, MA community and surrounding areas.  LGH serves nearly 300,000 patients annually and is the sole remaining not-for-profit hospital serving the immediate Lawrence area.

The hospital s presence in the city of Lawrence has ensured that the indigent, minorities, and working poor have access to quality primary care. Of the city s roughly 77,000 residents, almost 30% of households live below the Federal poverty rate and the city s 8.6% unemployment rate is among the highest in the state.  Nearly seventy three percent of the city s population is Latino, the largest proportion of Hispanics of any Massachusetts community.

MAP

Address: 1 General Street, Lawrence, MA 1841

Census Tract: 25009250800

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