The agreement raises the permitted building area on its 241-acre Coral Gables campus to 10.5 million square feet, compared with the previous 6.8 million-square-foot limit.
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Under the proposal, a hospital could be developed on a site currently used as surface parking. The facility could include inpatient and outpatient services as well as emergency care.
As artificial intelligence (AI) continues to revolutionize health care, from streamlining clinical workflows to enabling personalized treatments, it’s also becoming a powerful force in shaping how tomorrow’s doctors are trained.
University of Miami has been expanding its medical clinics throughout South Florida, most recently in Downtown Doral as well as North Miami.
Ken Griffin, founder and CEO of hedge fund Citadel, has donated $50 million to the University of Miami to complete construction for a cancer research building on the school’s medical campus in Downtown Miami.
In 2022, the University of Miami Miller School of Medicine broke ground on a 244,000-square-foot facility at 1425 NW 10th Avenue, just north of Interstate 395. The 12-story building, which is scheduled to be completed in 2025, will double the school’s cancer research department.
The gift made to UM’s Sylvester Comprehensive Cancer Center includes naming rights to the HOK-designed facility, which will now be known as the Kenneth C. Griffin Cancer Research Building.
Griffin, who’s worth an estimated $39 billion, relocated sister companies, hedge fund Citadel and market maker Citadel Securities, to Miami from Chicago two years ago.
The gift comes less than two weeks after billionaire widow Julia Kochdonated $75 million to build a new NYU Langone Health medical complex in Downtown West Palm Beach. The eight-story facility, to be called Julia Koch Family Ambulatory Care Center, will feature 77,000 square feet of clinical space.
Source: Commercial Observer