Since closing in 2009, Northeastern Hospital has only served as a one-floor prenatal, non-emergency unit. But NAI Bluestone Real Estate Capital now has plans to redevelop the Port Richmond property.

    As Joe DiStefano reports for the Inquirer, the company has raised $9.5 million in debt and equity financing to redevelop the hospital into a “Class A” facility with multiple tenants with the help of Temple University Health Systems.


    • WHYY thanks our sponsors — become a WHYY sponsor

    WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.

    Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

    Together we can reach 100% of WHYY’s fiscal year goal