ST. CROIX — Liberty Medical Development, LLC, a beneficiary under the Virgin Islands economic development program, announced recently the successful closing on a construction loan financing for full development of its ambulatory surgical center facilities in Estate Diamond on St. Croix in the former Innovative building, seen above.
According to the release, when completed, the project will comprise of multiple state of the art operating rooms, surgical procedure rooms, and medical clinic offices for several local medical practices, including practices specializing in orthopedics, obstetrics and gynecology, general surgery, cardiology, oral surgery, and dentistry. In direct employment the project will provide a minimum of 14 full time employee positions. The project will support significant additional indirect job creation by anticipated contracting with local vendors. The ambulatory surgical center will be fully accredited by the Accreditation Association for Ambulatory Health Care, and expand dramatically the scope of highest quality medical health care services locally available in the U.S. Virgin Islands.
Governor Kenneth Mapp lauded the announcement, as it builds on healthcare providers in the territory, especially in the specialty field of surgery. “I commend medical practitioner Dr. Brian Bacot and his team for leading this project to fruition,” Mr. Mapp said. “The overall quality of healthcare within this territory continues to improve thanks to the commitment of dedicated service providers. This is a most welcome project on St. Croix.”
According to Liberty Medical, total capital funding for the project is in excess of $5 million, of which over $1.25 million has already been invested. The project is led by Mr. Bacot and his team at Comprehensive Orthopedics, PLLC. Participating physicians include Dr. Anne Treasure, Dr. Byron Biscoe, Dr. Duane Jones, Dr. Renee Georges, Dr. Jeffrey Chase, Dr. Horace Griffith, and Dr. Alexander Lenard.
The project will occupy more than 21,000 square feet of space over three floors at the former Innovative building, according to the release. Build-out construction and structural alterations to the building commenced last year. Liberty Medical Development voluntarily adjusted the construction schedule to accommodate the United States Army Corps of Engineers and the Federal Emergency Management Agency who each requested to base hurricane recovery operations at the facility site last October.
Completion of the ambulatory surgical care and extended care treatment facilities is expected to take approximately 8 months. The release said Virgin Islands residents and visitors can look forward to a state of the art “five star” medical care complex facility by early 2019.