Chase Farm Hospital’s redevelopment was achieved at an unprecedented speed for a scheme this complex and large within the NHS.
Typically, schemes like this take over 10 years to deliver. Delivering a scheme with a construction value of £130m+ in less than 4 years is unprecedented. It demonstrates what is possible with strong leadership and clear direction, true collaborative working across disciplines and more objective approaches to risk management.
The scheme was delivered on time and within budget.
By consolidating services into a single, efficient new building, the Trust released land for disposal. The funding sources roughly break down to a third from sale receipts of the residual site, Treasury funding and Trust capital.