NOTICE OF PUBLIC HEARING Notice is hereby given that a public

NOTICE OF PUBLIC HEARING
Notice is hereby given that a public hearing will be conducted by the Massachusetts
Development Finance Agency (“MDFA”) on Wednesday, December 10, 2014, at 12:00 p.m. at
its offices located at 99 High Street, Boston, Massachusetts, on the proposal of Partners
HealthCare System, Inc. (“Partners”), whose main address is 800 Boylston Street, Suite 1100,
Boston, Massachusetts 02199, to approve a plan of financing generally consisting of:
A.
financing the construction of an approximately 384,000 square foot building by
The Brigham and Women’s Hospital (“Brigham”) located on a portion of the existing parcel at
60, 74 Fenwood Road bounded by Fenwood Road, Vining Street and the Vining Street
Extension, in Boston, Massachusetts, to house clinical and research space and approximately 406
underground parking spaces;
B.
financing the construction of an approximately 400 space underground parking
facility by Brigham under 15 Francis Street, Boston, Massachusetts;
C.
financing the renovation of a 46-bed level III neonatal intensive care unit and
construction of a new 20-bed level II special care nursery at Brigham comprising approximately
34,032 square feet and located at 75 Francis Street, Boston, Massachusetts;
D.
financing the construction of a new power plant that will modernize the
infrastructure for North Shore Medical Center’s (“NSMC”) Salem campus to be located at 81
Highland Avenue, Salem Massachusetts.
E.
financing the following projects to be owned and/or operated by Partners: (a) the
development and implementation of a system wide common revenue processing and clinical
application system, called Partners eCare, to improve the performance of Partners and its
affiliates in dimensions of quality, cost and service and to integrate care across diverse and
growing systems and thereby to coordinate care; (b) a data center for backup and disaster
recovery to be located at 559 Forest Street, Marlborough, Massachusetts; and (c) an analytic data
warehouse, located at 128 1st Avenue Needham, Massachusetts consolidating data feeds from
multiple sources into one data warehouse.
F.
financing the construction of a 768,000 square foot office building located on
Revolution Drive (Assembly Row), Somerville, Massachusetts to house administrative
personnel;
G.
financing the renovation, equipping and furnishing of various facilities and the
acquisition or construction of various other capital improvements for Partners and its affiliates, at
the respective addresses listed above in Paragraphs A-F and at the following locations to the
extent not included therein: (1) Brigham and Women’s Health Care, Inc. (“BWHC”), Brigham,
and Brigham & Women’s Faulkner Hospital, Inc. (“Faulkner”) facilities at 15, 45, 48, 70 and 75
Francis Street, 181 and 221 Longwood Avenue, 500 Brookline Avenue, Richardson Fuller
Building Parking, 10 Vining Street, 101 and 116 Huntington Avenue and 77 Avenue Louis
Pasteur in Boston, Massachusetts, 830 and 850 Boylston Street in Brookline, Massachusetts, 20
Patriot Place, Foxborough, Massachusetts, 640, 1133 and 1153 Centre Street and 3297
Washington Street in Jamaica Plain, Massachusetts and 1828-1832 Centre Street, West Roxbury,
Massachusetts; (2) The Massachusetts General Hospital (“MGH”) and The General Hospital
Corporation (“The General”) facilities at 16, 30, 40, 40R, 60, 66, 80, 90 and 100 Blossom Street,
165, 175, 185, 275 and 316 Cambridge Street, 215, 255, 265, 267, 273 and 275 Charles Street,
30, 32, 35 and 55 Fruit Street, 12 Garden Street, 1, 3 and 9 Hawthorne Place, 10, 15 and 40
Parkman Street, 25 North Anderson Street, 1 and 10 North Grove Street, 10 Whittier Place, 0, 2,
5 and 10 Emerson Place, 1 Bowdoin Square, 1 Hawthorne Place, 294 Washington Street, 332
Hanover Street, 388 Commonwealth Avenue, Charles Street Parking Garage at 165 Cambridge
Street, Fruit Street Parking Garage, Wang Ambulatory Care Center Parking Lot on Parkman
Street, Boston, Massachusetts, 185 Alewife Brook Parkway, Cambridge, Massachusetts, 100 1st
Avenue, 62 13th Street, 73 High Street and 76 Monument Street, Charlestown, Massachusetts
80, 100 and 151 Everett Avenue, Chelsea, Massachusetts, 102 Endicott Street, Danvers,
Massachusetts, 19-23 Norwood Street, Everett, Massachusetts, 1 Maguire Road, Lexington,
Massachusetts 300 Broadway and 300 Ocean Avenue, Revere, Massachusetts, 40 and 52 Second
Avenue, Waltham, Massachusetts, and 99 and 125 Nashua Street, Boston, Massachusetts; (3)
Martha’s Vineyard Hospital at One Hospital Road, Oak Bluffs, Massachusetts; (4) Nantucket
Cottage Hospital at 57 Prospect Street, Nantucket, Massachusetts; (5) Newton-Wellesley
Hospital (“NWH”) facilities at 2000 and 2014 Washington Street, Newton, Massachusetts, 9
Hope Avenue, Waltham, Massachusetts and 45 Colpitts Road, Weston, Massachusetts; (6)
NSMC facilities at 480, 490, 496 and 500 Lynnfield Street and 694 Western Avenue, Lynn,
Massachusetts, 1 Widger Road, Marblehead, Massachusetts, 6 Essex Center Drive and 17
Centennial Park, Peabody, Massachusetts, 108 Jefferson Avenue, 116R, 55, 57, 79 and 81
Highland Avenue, Salem, Massachusetts; (7) The McLean Hospital Corporation (“McLean”)
facilities at 115 Mill Street and 127 Pleasant Street, Belmont, Massachusetts; (8) Spaulding
Nursing and Therapy Center North End facilities at 70 Fulton Street, Boston, Massachusetts; (9)
Partners Continuing Care, Inc. facilities at 1575 Cambridge Street, Cambridge, Massachusetts,
311 Service Road, East Sandwich, Massachusetts, 1245 Centre Street, West Roxbury ,
Massachusetts, 1 Dove Avenue, Salem, Massachusetts, and 280-D Route 130, Sandwich,
Massachusetts; (10) Partners facilities at 38 13th Street, Charlestown, Massachusetts, 100
Endicott Street, Danvers, Massachusetts and 128 First Avenue, Needham, Massachusetts; and
(11) Cooley Dickinson Health Care Corp. facilities at 100 and 170 University Drive, 313
Northampton Road and 150 Infirmary Way, Amherst, Massachusetts, 175 State Street,
Belchertown, Massachusetts, 238 Northampton Street, Easthampton, Massachusetts, 10 and 40
Main Street and 15 Straw Avenue, Florence, Massachusetts, 232-234 and 380 Russell Street,
Hadley, Massachusetts, 4 West Street, Hatfield, Massachusetts, 38 Mulberry Street, Leeds,
Massachusetts, 30, 61 and 193 Locust Street, 25 Graves Avenue, 76 Carlon Drive, 168 Industrial
Drive, 264 Elm Street, 241 King Street, 1 and 9 Denniston Place, 2 and 90 Conz Street, 8 and 22
Atwood Drive, Northampton, Massachusetts, 21 Elm Street and 235 Greenfield Road, South
Deerfield, Massachusetts, 84 Williamsette Street, South Hadley, Massachusetts, 6 Parc Place and
Big Y Shopping Center, Southampton, Massachusetts, 65 Springfield Road, Westfield,
Massachusetts, 14 Williams Street, Williamsburg, Massachusetts and 58 Old North Road,
Worthington, Massachusetts.
H.
refinancing the projects financed and refinanced with the Massachusetts Health
and Educational Facilities Authority’s (HEFA) Revenue Bonds, Partners HealthCare System
Issue, Series D, issued in 2003, including (1) the projects financed and refinanced by HEFA’s
Revenue Bonds, Brigham and Women’s Hospital Issue, Series A, issued in 1989, including the
construction of (a) a four-level Ambulatory Services Building located on Brigham’s Francis
Street campus and connected to Brigham’s existing Ambulatory Services Building; and (b) a
combination parking structure/mid-campus entry point, directly connected to the new
Ambulatory Building with parking for approximately 240 cars on four levels; (2) the projects
financed and refinanced with HEFA’s Revenue Bonds, Brigham and Women’s Hospital Issue,
Series E, issued in 1993, including the construction of (a) a sixteen-story, 751-bed patient tower
with administrative and support facilities but excluding the chapel contained therein; (b) a twostory laboratory building connected to the ambulatory care center; (c) a three-story building
housing emergency, primary care and other ambulatory services; and (d) a two-level supportive
structure for the foregoing facilities housing surgery, radiology and other services, all located at
75 Francis Street in Boston, Massachusetts; (3) the projects financed and refinanced with
HEFA’s Revenue Bonds, Massachusetts General Hospital Issue, Series F, issued in 1992,
including (a) the projects financed and refinanced by HEFA’s Revenue Bonds, Massachusetts
General Hospital Issue, Series C, including electrical upgrades at The General’s main campus
and the construction, renovation and equipping of the Wellman Building and the Edwards
Research Building, both located on The General’s main campus, and the acquisition of The
Spaulding Rehabilitation Hospital Corporation (“Spaulding”); and (b) the projects financed and
refinanced by HEFA’s Revenue Bonds, Massachusetts General Hospital Issue, Series D, issued
in 1985, including construction and renovation of the Blake Building located on The General’s
main campus; and (4) the acquisition and installation of capital equipment and the construction
of improvements and renovations to existing facilities for Partners and its affiliates listed above,
at the respective addresses listed above, including a portion of the construction of an ambulatory
care facility to be located at the southwest corner of The General’s campus in Boston, bounded
by Cambridge Street and Charles Street and a portion of the construction of an approximately
720-space parking garage attached to the ambulatory care facility;
I.
refinancing the projects financed and refinanced with HEFA’s Revenue Bonds,
Partners HealthCare System Issue, Series F, issued in 2005, which itself (1) refinanced HEFA’s
Revenue Bonds, Newton-Wellesley Issue, Series E, which financed or refinanced the
construction and improvements by NWH of various portions of the NWH Hospital complex (as
defined below), including the acquisition of and upgrades to various items of capital equipment
at the NWH Hospital complex; (2) financed the following projects owned and/or operated by
The General: (a) tenant improvements and fit out of approximately 355,000 square feet of space
leased by The General at Charles River Plaza (185 Cambridge Street, Boston, Massachusetts);
(b) construction and renovation of four operating rooms of approximately 28,200 square feet at
the ambulatory surgery center operated by The General known as MGH West and located at 40
Second Avenue in Waltham, Massachusetts; and (c) renovations to various clinical areas at (i)
The General’s Chelsea Health Center located at 151 Everett Avenue, Chelsea, Massachusetts,
and (ii) The General’s main campus bounded by Charles Street, Blossom Street, Cambridge
Street and Fruit Street, Boston, Massachusetts; (3) financed the following projects owned and/or
operated by the Brigham: (a) a portion of the cost of acquisition by the Brigham of the
ServiCenter located at 80 Francis Street, Boston, Massachusetts, which includes a parking garage
with approximately 650 parking spaces, physicians’ offices, hospital supply handling facilities
and a small parcel of vacant land; (b) renovations to ambulatory clinical areas at 850 Boylston
Street, Brookline, Massachusetts; (c) renovations and upgrades to inpatient and outpatient
clinical areas and physician faculty offices at various locations on the Brigham’s main campus at
15-75 Francis Street, Boston, Massachusetts; (d) construction of a cardiovascular center of
approximately 350,000 square feet at 70 Francis Street, Boston, Massachusetts; (e)
administrative and research space renovations to facilities at 801 Massachusetts Avenue, Boston,
Massachusetts; (f) renovations to clinical space at One Brookline Place, Brookline,
Massachusetts; (g) renovations to clinical space and physician faculty offices at One Brigham
Circle, Boston, Massachusetts; and (h) the acquisition and installation of capital equipment and
construction of improvements and renovations to existing facilities at the above locations; (4)
financed the construction and renovation by NWH of approximately 77,000 square feet of space
used for the emergency department, operating room build-out, and ambulatory build-out and a
570 space parking garage all located at 2014 Washington Street, Newton, Massachusetts (the
“NWH Hospital complex”); and (5) financed the acquisition and improvements of a portion of
the building located at 128 First Avenue, Needham, Massachusetts and installation of capital
equipment therein used by Partners as a data center; and
J.
refinancing the projects financed and refinanced with HEFA’s Revenue Bonds,
Partners HealthCare System Issue, Series G, issued in 2007, which itself (1) refinanced HEFA’s
Revenue Bonds, Newton-Wellesley, Series G, which itself refinanced HEFA’s Revenue Bonds,
Newton-Wellesley Hospital Issue, Series D, which financed (a) the conversion of 22 beds,
approximately 8,800 gross square feet, of the 42-bed maternity unit to labor delivery recovery
rooms; (b) the renovation of the inpatient pediatric unit, approximately 11,000 gross square feet,
and the relocation of the inpatient and outpatient pediatric gastroenterology facility; (c) the
relocation and expansion of the outpatient physical therapy rehabilitation services area,
approximately 5,000 gross square feet, including the upgrading of equipment and treatment
facilities; and (d) NWH’s five-year capital plan to acquire and upgrade hospital equipment and to
undertake various internal renovations; (2) refinanced HEFA’s Revenue Bonds, Partners
HealthCare System Issue, Series A, issued in 1997, which itself (a) refinanced HEFA’s Revenue
Bonds, Brigham and Women’s Hospital Issue, Series C, which financed (i) the demolition of the
former residence hall portion of approximately 58,400 square feet of the former Boston Lying-In
Hospital complex, (ii) the construction of a new seven-level research laboratory wing of 99,659
square feet on the demolition site, (iii) the construction of a main arrival space for the new
research facility to provide handicapped access to the complex, and (iv) the purchase and
installation of furnishings, fixtures and equipment in the new research facility; (b) refinanced
HEFA’s Revenue Bonds, Brigham and Women’s Hospital Issue, Series D, which financed (i) the
construction of an approximately 268,000 square foot Center for Women and Newborns on the
site of the existing Tackaberry Building, located adjacent to the Inpatient Tower on the main
campus, used for obstetrical, outpatient and other support services, (ii) the construction and
renovation of various clinical facilities situated on the Brigham main campus, including the
amphitheater and the chemo infusion/transfusion suite in Building B, (iii) the acquisition,
construction and renovation of various offices and ambulatory care facilities located at the
Brigham main campus, the Ambulatory II Building, 45 Francis Street in Boston, the Brookside
Health Center, 3293-3297 Washington Street in Jamaica Plain, the Southern Jamaica Health
Center, 685-687 Center Street in Jamaica Plain, the ServiCenter Office Building/Warehouse 90
Francis Street in Boston, the Neville House, 10 Vining Street in Boston, 454 Brookline Avenue
in Boston, 850 Boylston Street in Chestnut Hill, the 333 Longwood Building, 333 Longwood
Avenue in Boston, and Brook House, 55 Pond Avenue in Boston, (iv) the acquisition,
construction and renovation of various research facilities and offices located at the Brigham main
campus, the Peter Brent Brigham Building, 721 Huntington Avenue in Boston, the former LyingIn Campus located in part at 211-229 Longwood Avenue in Boston, Channing Research
Laboratories, 180 Longwood Avenue in Boston, 850 Boylston Street in Chestnut Hill, the Seeley
G. Mudd Research Building, 250 Longwood Avenue in Boston, 201 Brookline Avenue in
Boston, and Brook House, 55 Pond Avenue in Boston, and (v) the acquisition by BWH of certain
capital equipment, including but not limited to information and telecommunication systems,
radiological and other general medical and laboratory equipment to be located at one or more of
the aforementioned locations; (3) refinanced HEFA’s Revenue Bonds, Partners HealthCare
System Issue, Series C, issued in 2001, which itself financed the construction of (a) the projects
financed and refinanced by the City of Boston, Massachusetts Refunding Revenue Bonds (FHA
Insured Mortgage – North End Community Nursing Home Project), Series 1997A, which
consisted of the construction of an approximately 59,953 square foot 140-bed nursing home and
the acquisition of land therefor by North End Community Health Committee, Incorporated,
which project was subsequently acquired and is currently owned and operated by Spaulding
Nursing and Therapy Center North End, and which project is located at 70 Fulton Street in
Boston, and (b)(i) the acquisition of an approximately 62,809 square foot building for a school
for medical personnel located at Building 36, 100 First Avenue, Charlestown Navy Yard in
Charlestown, Massachusetts to be owned and operated by The MGH Institute of Health
Professions, Inc. (“IHP”); (ii) the construction of approximately 560,000 square feet of
additional new space in an ambulatory care building, to consist of a total of approximately
660,000 square feet, (iii) the construction of a portion of an approximately 720-space parking
garage to be attached to the aforementioned ambulatory care building, the aforementioned
projects to be owned and operated by The General and to be located at The General’s main
campus bounded by Charles Street, Blossom Street, Cambridge Street and Fruit Street in Boston,
and (iv) the acquisition and installation of capital equipment and construction of improvements
and renovations to existing facilities for Partners and its affiliates listed above, at the respective
addresses listed above and, in the case of The General, also at facilities in the Charlestown Navy
Yard in Charlestown, 15 Parkman Street in Boston and for the following other affiliates of
Partners: AtlantiCare, with major facilities located at 490 Lynnfield Street, 500 Lynnfield Street
and 212 Boston Street in Lynn, BWHC and Brigham, with major facilities located at 221
Longwood Avenue and 15, 45 and 75 Francis Street in Boston, Faulkner, with major facilities
located at 1137, 1153 and 1155 Centre Street and 30 Whitcomb Avenue in Boston, McLean,
with major facilities located at 115 Mill Street in Belmont, NWH, with major facilities located at
2014 Washington Street in Newton, NSMC, with major facilities located at 57 and 81 Highland
Avenue, Salem, Massachusetts, Rehabilitation Hospital of the Cape and Islands Corporation,
with major facilities located at 311 Service Road in East Sandwich, and Spaulding , with major
facilities located at 125 Nashua Street in Boston, Massachusetts, and Shaughnessy-Kaplan
Rehabilitation, Inc., with major facilities located at 1 Dove Avenue in Salem, Massachusetts; (4)
financed the construction of a cardiovascular center of approximately 420,000 square feet at 70
Francis Street, Boston, Massachusetts consisting of inpatient beds, operating rooms, outpatient
procedure and clinic areas, and ancillary support departments; (5) financed the construction of a
building of approximately 500,000 square feet at The General’s main campus bounded by
Charles Street, Blossom Street, Cambridge Street and Fruit Street, Boston, Massachusetts to
house a relocated and expanded radiation oncology department, expanded emergency services,
three levels of operating and procedure suites, 150 neurosciences and medical oncology intensive
care and acute care patient rooms, a new sterile processing department and a new central
receiving dock; (6) financed the acquisition of a condominium unit or units to be created at
Charles River Plaza, Boston, Massachusetts and consisting of the properties currently identified
as 165 Cambridge Street, 175 Cambridge Street and the Charles River Plaza parking facility, as
well as the property known as 75 Blossom Court, Boston, Massachusetts; (7) financed
renovations to clinical space at The General’s main campus bounded by Charles Street, Blossom
Street, Cambridge Street and Fruit Street, Boston, Massachusetts; (8) financed renovations and
improvements to inpatient clinical areas by NSMC at NSMC’s main campus, 81 Highland
Avenue, Salem, Massachusetts; (9) financed the construction of a multi-specialty, ambulatory
care center at 100 Endicott Street, Danvers, Massachusetts, to house the MGH/NSMC Cancer
Center, eight day-surgery suites, diagnostic imaging, diagnostic cardiology, laboratory
services/phlebotomy, and a family/patient resource center; (10) financed the acquisition and
installation of a system-wide revenue management system at 529 Main Street, Charlestown,
Massachusetts; (11) financed the installation of software at many of the addresses listed above
and in Paragraph G hereto; (12) financed the renovation, equipping and furnishing of various
facilities and the acquisition or construction of various other capital improvements for Partners
and its affiliates, at the respective addresses listed above and in Paragraph G hereto;
K.
refinancing the projects financed and refinanced with HEFA’s Revenue Bonds,
Partners HealthCare System Issue, Series I, issued in 2009 including (1) financing the fit-out and
equipping of an approximately 109,000 square foot ambulatory care center at 1 Patriot Place,
Foxborough, Massachusetts; (2) financing the following projects owned and/or operated by The
General: (a) construction of an approximately 500,000 square foot building at The General’s
main campus bounded by Charles Street, Blossom Street, Cambridge Street and Fruit Street,
Boston, Massachusetts to house a relocated and expanded radiation oncology department,
expanded emergency services, three levels of operating and procedure suites, 150 neurosciences
and medical oncology ICU and acute patient rooms, a new sterile processing department and a
new central receiving dock; and (b) construction of a multi-specialty, 122,000 square foot, threefloor ambulatory care center at 100 Endicott Street, Danvers, Massachusetts, to house the
MGH/NSMC Cancer Center, eight day-surgery suites, diagnostic imaging, diagnostic
cardiology, laboratory services/phlebotomy, and a family/patient resource center; (3) financing
renovations and improvements to inpatient clinical areas by NSMC at NSMC’s main campus, 81
Highland Avenue, Salem, Massachusetts; and (4) financing the following project owned and/or
operated by NWH: renovating, equipping and furnishing approximately 44,000 square feet of
clinical space to house the Vernon Cancer Center at NWH’s Hospital complex; (5) financing the
construction, equipping and furnishing by Spaulding of a new approximately 134-bed facility to
be located on Parcel 6 in the Charlestown Navy Yard, Charlestown, Massachusetts; and (6)
financing the following projects owned and/or operated by Partners: (a) the acquisition and
installation of a system-wide revenue management system and an acute care documentation
management system at 529 Main Street, Charlestown, Massachusetts and installation of software
at many of the addresses listed above and in Paragraph G; and
L.
refinancing the projects financed and refinanced with MDFA’s Revenue Bonds,
Partners HealthCare System Issue, Series K, issued in 2011, which itself (1) refinanced HEFA’s
Revenue Bonds, Partners HealthCare System Issue, Series C (described in Paragraph J above);
(2) refinanced HEFA’s Partners HealthCare System Issue, Series D (described in Paragraph H
above); and (3) financed the following: (a) renovations and improvements to Brigham’s
emergency department at 75 Francis Street, Boston, Massachusetts; (b) the construction of an
approximately 500,000 square foot building at The General’s main campus bounded by Charles
Street, Blossom Street, Cambridge Street and Fruit Street, in Boston, Massachusetts to house a
relocated and expanded radiation oncology department, expanded emergency services, three
levels of operating and procedure suites, 150 neurosciences and medical oncology ICU and acute
patient rooms, a new sterile processing department and a new central receiving dock; (c)
financing planning costs including any environmental remediation costs and the construction of
an approximately 240,000 square foot replacement facility to be located on Parcel 6 in the
Charlestown Navy Yard, Charlestown, Massachusetts and comprised of approximately 132 beds;
(d) the acquisition and installation of a system-wide revenue management system and an acute
care documentation management system for Partners located at 529 Main Street, Charlestown,
Massachusetts and installation of software at many of the addresses listed above and in
Paragraph G; and (e) the renovation, equipping and furnishing of various facilities and the
acquisition or construction of various other capital improvements for Partners and its affiliates at
the respective addresses listed above and in Paragraph G hereto;
which projects are or will be owned and operated by Partners and its respective affiliates, as
described above. Partners has requested the financing and refinancing of such costs by the
issuance by MDFA of revenue bonds in an aggregate principal amount not to exceed
$840,000,000, which bonds do not and will not constitute a debt or pledge of the faith and credit
of The Commonwealth of Massachusetts or MDFA.
Interested persons wishing to express their views on the Project or the issuance of such
obligations to finance and refinance the Project will be given the opportunity to do so at the
public hearing or may, prior to the time of the public hearing, submit their views in writing to
MDFA at 99 High Street, Boston, Massachusetts 02110.
MASSACHUSETTS DEVELOPMENT
FINANCE AGENCY
AM 42410248.1

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