Hospital network buys Troy land for $1.35M

Kettering Health Network bought more land in Troy next to where its new hospital is under construction.

A spokeswoman said the health system doesn’t have immediate plans for the land at 701 W. Water St., which it bought for $1.35 million.

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Kettering Health has spent more than $12 million acquiring property around the Miami Valley over the past year.

Kettering Health, acting as Outrigger Group Ltd., bought the additional Troy property in a sale recorded by Miami County Oct. 17.

The land is near the entrance to downtown Troy.

In April, the hospital network bought a neighboring site where the former Hobart Brothers factory stood on Main Street for $500,000.

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A new hospital is now under construction, which will join the $1.58 billion network’s eight hospitals, 10 emergency departments, and 120 outpatient facilities.

The three-story, nearly 100,000 square-foot Troy hospital is expected to create 120 new jobs and be a $60 million investment.

The facility will be Kettering Health’s entrance into Miami County, which has now has Premier Health’s Upper Valley Medical Center as its only hospital.

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“What we’re trying to do is anticipate where health care is headed and to plan for that in a very meaningful matter.” Roy Chew, president of Kettering Health Network, said previously.

Premier Health has pushed back against Kettering Health’s growth plans, claiming its making an unnecessary duplication of services.

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