Turning old hospital into senior housing not financially feasible, Franklin mayor says
by Denise Pridgen
FILE - Although a recent study found the old Angel Medical Center building in Franklin to be sound, the cost to turn it into a senior living facility was much more than anticipated. (Photo credit: WLOS staff)
FRANKLIN, N.C. (WLOS) —
A study has found it is not feasible to convert the old Angel Medical Center building in Franklin into affordable housing for seniors.
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The study was presented to town council members Monday night. It found the project would cost much more than anticipated.
"The feasibility study showed that the building was basically sound, but the cost associated with the renovation as a senior living facility was more expensive than originally anticipated. Therefore, Givens determined that, financially, the project was not feasible at this time," Franklin Mayor Jack Horton said via email.
Franklin's new Angel Medical Center building opened in September of last year.
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