New Orleans Mayor Mitch Landrieu said Monday the state should stick with the current plan to build a $1.2 billion, 424-bed hospital in the city. Construction financing for the University Medical Center includes $407 million of hospital revenue bonds.
Landrieu, supported at a news conference by a cadre of New Orleans civic and educational leaders, said a large facility is needed to provide the specialized medical training and research envisioned for the hospital. “We have to build a 21st century, state-of-the-art medical complex,” he said. “It has to be transformative. The big idea is to accomplish that task.”