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The Sanders Trust Completes Construction On $17 Million Inpatient Rehabilitation Hospital Near Cincinnati


Tuesday | March 8th, 2016

Project recognized and awarded by Norwood Chamber of Commerce
BIRMINGHAM, Ala. – The Sanders Trust (TST), a Birmingham-based healthcare real estate and development firm, announced the completion of the HealthSouth Rehabilitation Hospital of Cincinnati at Norwood. The 40-bed, $17 million inpatient rehabilitation hospital totals 50,000-square-feet and took 11 months for construction to be completed. The rehabilitation hospital will officially open its doors and begin accepting patients this month. The hospital will be leased to an affiliate of Birmingham-based HealthSouth, a nationally recognized provider of inpatient rehabilitation services. Located just off of Highway 562, near Reading Road, the hospital will provide physical, occupational and speech therapy services to patients recovering from stroke, trauma, brain and orthopedic injuries, as well as other major illnesses or injuries.

The Sanders Trust worked closely with the City of Norwood on this state-of-the-art development, and was awarded the Norwood Chamber of Commerce Outstanding New Development Award for 2015. “The Sanders Trust is pleased to once again work with HealthSouth to improve community access to medical care,” stated Rance Sanders, president and CEO of The Sanders Trust. “It is an honor to be recognized by the Norwood Chamber of Commerce. We are confident in the hospital’s ability to provide efficient, compassionate patient care in its community.” Robins & Morton of Birmingham, Alabama served as general contractor on the development, and the Dallas office of Perkins+Will provided the architectural services. The HealthSouth Rehabilitation Hospital of Cincinnati at Norwood site is part of Central Pointe on the Lateral, a 10-acre multi-purpose campus that is the latest in a trend of redevelopment projects occurring along the Highway 562 corridor.


ABOUT HEALTHSOUTH HealthSouth is one of the nation’s largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 34 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. HealthSouth can be found on the Web at www.healthsouth.com.


ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 22 states valued over $1 Billion.
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The Sanders Trust
1000 Urban Center Drive | Suite 675
Birmingham, Alabama 35242
USA |
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Fax: 205-298-0810
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