Pending approval by the state, Gastonia, N.C.-based CaroMont Health plans to build its second hospital in North Carolina, according to The Charlotte Observer.
The hospital, part of a planned $300 million investment into the community, would be located in Belmont, N.C.
Construction of the second hospital, expected to cost $173 million, would be completed in 2023.
The $300 million investment also includes 50 more rooms at CaroMont's main facility in Gastonia and several new medical office buildings.