Allens has advised the Plenary Health consortium on the expansion of the existing Casey Hospital through a series of transactions that closed late last week.
The expansion will significantly increase the scope of services delivered at the Casey Hospital.
As part of the expansion project, Plenary Health – comprising Plenary, Watpac and Brookfield GIS – will deliver 160 new beds, the hospital's first intensive care unit, six new operating theatres, additional recovery capacity, a new day surgery unit, upgraded pharmacy, pathology and back-of-house areas, more than 300 new staff and public car parks, and a new front entry building that includes education and training spaces for Monash University.
As part of the deal, the expanded Casey Hospital will be maintained by the incumbent maintenance provider, Brookfield GIS, allowing for efficiencies to be achieved throughout the site.
Over time, the expansion will allow Casey Hospital to each year treat an additional 25,000 patients, perform an additional 8000 procedures and support an extra 1300 births.
David Donnelly, who led the Allens team, said: 'The two most critical issues with augmentations are the interface with existing operations and facilities and the preservation of the existing (operating) capital structure.
'These issues were of paramount importance to the team, who were able to ensure these considerations were appropriately addressed within the context of works occurring in an around and existing operating hospital.
'In meeting these challenges, the expansion project draws on work that the team was involved in developing as part of the Gold Coast Light Rail expansion last year,' he said.
'We are seeing a definite increase in the number of sole-sourced projects – both market-led, or unsolicited, proposals and augmentations. These projects unlock critical value in existing assets and Allens is very pleased to be at the forefront of these developments.'
Allens legal team
Projects – David Donnelly (Partner); Paul Telford (Managing Associate); Amy Biggins (Associate); Ben van Weel (Associate); Yi-Ling Ng (Lawyer); Emma Veljkovic (Lawyer); Krystyna Lopez (Law Graduate)
Finance – James Darcy (Partner); Paul Cerche (Managing Associate); Tristan Kelly (Associate); David Yang (Associate)
Corporate – Wendy Rae (Partner); Geoff Sanders (Partner); Nick Kefalianos (Senior Associate); Stephanie Malon (Senior Associate); Katerina Dandanis (Law Graduate)
Tax – Adrian Chek (Partner); Jennee Chan (Managing Associate)
Notes for editors.
Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.