Banner Health — which has the distinction of being the state’s largest health system, nonprofit and private employer — has $1.7 billion worth of construction projects on its drawing board this year.
The majority of those projects — $1.4 billion — are in Arizona for the company that operates in six states. Of the 386 active projects across its markets, 285 are in Arizona, said Kip Edwards, vice president of facilities services for Banner Health.
The Phoenix-based nonprofit has kept that building pace for the past several years, with 367 active projects totaling $1.7 billion last year. In 2016, it had 322 active construction projects totaling $1.9 billion. It also had 337 active projects totaling $1.5 billion in 2015.
That’s not to say that Banner has invested $5.1 billion over the past several years because many of those projects are ongoing, multi-year projects. That also means not all of the $1.7 billion will be spent in this calendar year.
Much of Arizona’s $1.4 billion in construction projects are part of ongoing, multi-year projects at its two big medical centers in Phoenix and Tucson, which started construction in 2015 and 2016.