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Updated: 3:08 p.m. Wednesday, Feb. 20, 2013 | Posted: 11:00 a.m. Wednesday, Feb. 20, 2013
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Staff Writer
LIBERTY TWP. —
Cincinnati Children’s Hospital Medical Center has repurchased 15 acres of land in Liberty Twp. for approximately $3.7 million, hospital officials said.
The land is along Yankee Road near Cincinnati Children’s Liberty Campus, a hospital that opened in Butler County in 2008.
Cincinnati Children’s sold the land in 2006 to another Cincinnati health system, TriHealth. But with TriHealth’s decision to buy last year the former Butler County Medical Center in Hamilton, TriHealth has now sold the land back.
The sales price is for the same amount TriHealth originally paid to buy the two parcels from Cincinnati Children’s, according to Butler County property records.
“That property no longer fit into our organization’s long term strategic plans,” said Joe Kelley, a spokesman for TriHealth.
The land deal closed Feb. 12, said Jim Feuer, spokesman for Cincinnati Children’s, which exercised an option to repurchase land.
“There are no immediate plans for it,” Feuer said.
The purchase brings the total amount of land owned by Cincinnati Children’s in Liberty Twp. along Yankee Road to 65 acres, including the land the hospital sits on, hospital officials said. Most of the land Children’s owns in the township is undeveloped.
Cincinnati Children’s Liberty Campus, 7777 Yankee Road, has 12 inpatient beds and an emergency department running 24 hours, seven-days-a-week.
TriHealth is expanding the Hamilton medical center, which it renamed Bethesda Butler County TriHealth Hospital, and opened an emergency department there Feb. 1.
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