North Ryde. Split over hospital project

Macquarie University will take over the full ownership and operation of its yet-to-be-completed teaching hospital on its campus at, Macquarie University Research Park, after splitting with its partner Dalcross Holdings. Three years ago an executive summary said that it would cost $70 million to build a 143-bed hospital. Current bed number – which may be increased to 243 beds – are set at 180, with final construction costs estimated at $180 million, and a full fitout costing a further $70 million. Vice-chancellor, Professor Schwartz, refused to divulge the reasons behind the split. Delcross, co-owner of the project, was to solely operate and fit out the site.