Search
 

$480M Hospital Build Delivers Months Early

LOS ANGELES—McCarthy Building Cos. completes the Lundquist Tower at Torrance Memorial four months ahead of schedule and $10 million under budget.

By Kelsi Maree Borland | Updated on December 17, 2014

LOS ANGELES—McCarthy Building Cos. has completed the $480 million Richard Lundquist Tower at Torrance Memorial four months early and $10 million under budget. The 390,000-square-foot tower has 256 private rooms and 18 surgical and interventional rooms as well as the South Bay’s first hybrid operating room.

“Technological advancements in construction and innovative delivery solutions are enabling our design and construction teams to complete even the most challenging projects more efficiently, bringing greater value to project owners,” Patrick Peterson, McCarthy Building Cos. VP of healthcare services, tells GlobeSt.com. “The early and under budget completion of the cutting-edge Torrance Memorial Lundquist Tower project is a prime example of what McCarthy’s project teams can accomplish in a collaborative and innovative environment.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.