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Show the MED Building will be the Discovery Center which will be built subterranean with window walls to the west. This structure, built into the slope of the hillside will have grass and trees planted on top of it, providing open space areas for students, staff and patients to roam and retreat. The Discovery Center will be home to the Center for Medical Innovation which helps students and faculty develop and market innovative medical equip- ment, treatments and medicines that can be used to tackle some of the most challenging medical issues through programs like the very popular Bench to Bedside program. New companies may blossom from the work that will be accomplished in the Discovery Center. The proposed timeline will schedule the opening of the new MED Building in early 2021. This is an ambitious schedule, but with everyone's participation, we feel it is possible. We must have our patients, medical care providers and students in safe, quality structures. This project is an enormous undertaking and the U's Health Sciences will need everyone's help to realize this dream. Our hope is that alumni, current faculty, friends, current donors, and political leaders will join forces in raising the funding necessary--$180 million. Following is the breakdown of the costs: PROPOSED FUNDING SOURCES Project Costs U of U Operating Revenues Ambulatory Care Center $ 131.5M $ 131.5 M Rehabilitation Hospital $ 95M $ 45M Demolition $ 12M $ 12M MED $ 185M $ 50M $135M Total $423.5M $50M $185 M $ 188.5 State $ Private $ $ 50M Donors have committed $69.75 M of the $185M needed for the Medical and Education Discovery Building. The Utah legislature will decide on the $50M appropriation during the spring 2017 session. We encourage all alumni to share their support for the funding of the project with their legislators. 23 |
