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    Bonds to fund Lawrence hospital’s $43.5m renovation plan

    A rendering of some of the renovations planned at Lawrence General Hospital. Rendering was included with the press release.
    A rendering of some of the renovations planned at Lawrence General Hospital. Rendering was included with the press release.

    MassDevelopment, the state’s finance and development agency, said it has issued nearly $43.5 million in tax-exempt bonds on behalf of Lawrence General Hospital, which plans to use the bond proceeds to renovate and modernize its campus.

    A 189-bed community hospital that serves the Merrimack Valley, Lawrence General Hospital is clinically affiliated with the Floating Hospital for Children at Tufts Medical Center and Beth Israel Deaconess Medical Center.

    In a statement, Dianne Anderson, chief executive of Lawrence General Hospital, said: “Our plans call for renovation and modernizing of adult patient rooms and an increase in private rooms, which will promote a better healing environment.”

    Chris Reidy

    Chris Reidy can be reached at reidy@globe.com.