Dental Medicine Lease and Renovation Approved by MUSC Board
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Description
The MUSC College of Dental Medicine received approval for a new five-year internal lease from the Medical University Hospital Authority for GPR clinical space in Florence, with lease totaling $748,173.90 and an estimated $3.92 million in renovations. Term starts December 2025 and includes two optional five-year renewals.
Contract Details
Contract Amount
$748,173.90 (lease); $3,922,500 (estimated renovation costs)
Vendor
MEDICAL UNIVERSITY HOSPITAL AUTHORITY
Agency
Medical University Of South Carolina, SC
Contract Type
FACILITIES
Document Date
October 11, 2024
Contract Term
Five (5) years: [Estimated Start December 2025] with two five-year extensions possible
Renewal Date
2030-12-31
Renewal Info
Lease term five years, with two optional five-year extensions at negotiated rates. Major renovation budgeted at $3.92 million.
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