Springfield Hospital may finally have a new owner, as investor group KQT Aikens Partners 2 moves to buy the long-closed facility and its garage for $1 million. The deal hinges on Springfield Township officials lifting a deed restriction requiring 24/7 emergency services and agreeing to a tax assessment at the sale price, decisions that could shape future healthcare use of the site. KQT Aikens in late 2025 acquired Taylor Hospital in Ridley Park for $1 million, and has been trying to find healthcare tenants for that site. In the Taylor sale, local taxing authorities agreed to set the assessment at the sale price. Jeff Rudolph, president of the Springfield Township Board of Commissioners, said local officials look forward to restoring the property to a productive use. “Prospect will determine the ultimate buyer of the property and, while the township plays no role in that process, we look forward to discussions with the new owner about any proposed future use of the site,” he said.
Source: Philadelphia Inquirer; 1/17/2026