Banner Health Spending $400M on New Scottsdale Hospital

Arizona-based Banner Health is finalizing the purchase of 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build a new medical center in the Northeast Valley of metro Phoenix. 

With an investment of more than $400 million, the project will include an acute care hospital, adjacent medical office building and a cancer center. Banner Scottsdale Medical Center will be a full-service, destination hospital with a focus on key areas, including cardiovascular, orthopedics, cancer and neuroscience programs. This new, digitally enabled medical center will provide seamless integration with Banner’s ambulatory and virtual sites of care.

The four-story, 384,000-sq. ft. Banner Scottsdale Medical Center is expected to open in 2026 with 106 licensed patient beds and 20 observation beds, along with shelled space for expansion as the community grows.

This medical campus project will create 1,000 health care related jobs over the next five years and 2,500+ jobs at full development.