by Talk Business & Politics staff (staff2@talkbusiness.net)
The Alice L. Walton Foundation said Tuesday (Feb. 18) it has purchased 100 acres near downtown Bentonville for a cardiac care specialty facility. The foundation declined to provide financial details of the purchase but said there were multiple sellers.
The site is located 2 miles east of downtown Bentonville off of exit 88 and Central Boulevard in Bentonville near Interstate 49. The foundation planning and design for the health care center is underway, with the intent to open in late 2028.
The announcement is part of the $700 million, 30-year affiliation announced in September between Mercy, Heartland Whole Health Institute, and Alice L. Walton Foundation. The partnership calls for $350 million in funding from the foundation to develop an outpatient center of care for specialty services in Bentonville and $350 million from Mercy to build a new cardiac care center at its hospital in Rogers.
Alice L. Walton Foundation purchases 100 acres for specialty care facility