Hospitals 01 February 2022

Preferred bidder named for Frankston Hospital redevelopment

The bigger, better Frankston Hospital for families in Melbourne’s south-east is a step closer – with a preferred bidder named.

The Exemplar Health consortium has been announced as the preferred bidder to enter into an exclusive negotiation with the Victorian Government to deliver the $605 million Frankston Hospital redevelopment.

The preferred consortium includes:

  • Capella Capital as sponsor and investor
  • Aware Super as investor
  • Lendlease Building Contractors as builder
  • Honeywell Limited and Compass Group Healthcare Hospitality Services as facilities and maintenance managers.

The redevelopment is being delivered as a public private partnership. This involves bringing together a private consortium to design, construct, finance and maintain the new facility for a period of 25 years.

Frankston Hospital will remain a public hospital, with all clinical healthcare services operated by Peninsula Health. Construction is expected to start in the first half of 2022 – with the redevelopment creating up to 1,700 jobs at the peak of construction and in new opportunities for the healthcare sector.

About the Frankston Hospital redevelopment

The Frankston Hospital redevelopment will deliver:

  • a new clinical services tower and main entrance
  • capacity for 120 more beds
  • new operating theatres
  • dedicated spaces for improved mental health and oncology services.

An expansion of women’s and children’s services will include:

  • new maternity, obstetrics and paediatric wards
  • a women’s clinic
  • a special care nursery.

The redevelopment will also deliver a multi-storey car park and two state-wide emergency department initiatives: a five-bed emergency department mental health, alcohol and other drugs hub, and a dedicated paediatric zone.

Construction of main works is expected to be complete in 2025.

Learn more about the Frankston Hospital redevelopment via our dedicated project page.

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Last updated: 01 February 2022