Monday, June 05, 2006

CHOP's to Build $400 Million Facility

According to the Philadelphia Business Journal, the Children's Hospital of Philadelphia ("CHOP") plans to build a $400 million, eight-story facility on some of the former Civic Center site in University City. CHOP's 558,000-square-foot building will be dedicated to "translational research", encompassing "turning basic science research into real-life treatments and cures for a variety of diseases and disorders." CHOP's long-term plans call for building out the research facility to as many as 22 stories depending upon future need.

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