The City of Woodbury, in collaboration with Inspira Health, is thrilled to announce plans for the Woodbury Health and Education Innovation District, a transformative $250 million project. This Innovation District, set to be established on the former Woodbury hospital campus, promises to revitalize the region’s healthcare and education landscape.
At the heart of this ambitious initiative are several key components. The development will bring market-rate housing, a Center for Innovation in Community Health, a hotel conference center, restaurant, convenient retail options, and senior housing, aims to harmonize health and economic development.
The planning process has been inclusive, with over 50 interviews involving Inspira, the City of Woodbury, elected officials, community members, educational institutions, and potential developers. Dynamis Advisors, known for transforming former hospital campuses, conducted these interviews. Discussions with developers for various components of the development will continue through October, ensuring the right partners are onboard.
Woodbury Health and Education Innovation District developer
CBRE, the leading healthcare real estate advisory firm, has assumed the role of master developer for Inspira, guiding the project’s progress and discussions with potential developers. This project’s alignment with the City’s existing Redevelopment plan ensures a unified vision for the Woodbury Health and Education Innovation District.
Warren E. Moore, FACHE, Executive VP and COO of Inspira Health, emphasizes, “The development aligns with our commitment to community partnership and accessible healthcare for Woodbury residents. Our campus will not only provide quality care but also drive innovation and support our employees.”
The City of Woodbury is eager to engage the community in this transformative journey. Community discussions are planned to provide detailed insights into the Woodbury Health and Education Innovation District project, allowing for valuable community input. Planning will remain a priority in the coming months. This upcoming development will undoubtedly breathe new life into the City of Woodbury.