Construction & Facilities Management
The interdisciplinary center will combine AI with data science and genomics in a location at the center of its Manhattan hospital.
The gift will help fund the 30,000-square-foot Iris S. and Bert L. Wolstein Center, an education, conference and training facility.
The complex is also the first vertical development in Bedrock Real Estate's $3.5 billion Cuyahoga Riverfront Master Plan.
Healthcare does not need a profit-driven approach to patient outcomes, but it does need private equity, says Vin Phan of Ankura.
The two-phase expansion includes adding nearly 8,000 square feet to the surgical wing and a new clinic building.
The gift designates $100 million to establish two research entities within a new institute, each funded by $50 million.
The state has taken steps to save five Steward hospitals after WARN notice announces closure of two others.
Officials said a new 14-story tower and five-story pavilion will deliver better care and help the facility adapt to change.
The gift from the Pogue Foundation is one of only four $100 million philanthropic gifts ever publicly announced in North Texas.
The hospital will include surgical services, a 30-bed inpatient rehabilitation unit and a full complement of imaging services.