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The Arizona Board of Regents approved plans for a University of Arizona Cancer Center clinic at the Phoenix Biomedical Campus.
The $135 million, 250,000-square-foot outpatient clinic will be financed through gifts and university-issued bonds. Debt service will be paid by Cancer Center revenues.
In May, the City of Phoenix committed $14 million to the project for design, construction and other costs for the clinic. The city’s funds will come from the Genomics Facilities Operations and Maintenance Fund -- lease payments and fees collected by the city from tenants at the PBC. An initial $4 million will fund design and architectural plans. The remainder of the city’s support will be distributed over five years as AZCC clinical development and operational milestones are met.
Plans call for construction of the six-story outpatient clinic and research building to begin by the end of 2011 at the northwest corner of Fillmore and Seventh streets in downtown Phoenix. The building is scheduled to be open for patient care by 2014. The facility will accommodate referrals from around the state of Arizona and the Southwestern United States.
Within 10 years of opening, the Arizona Cancer Center at Phoenix will treat approximately 60,000 patients each year. Staffing will include nearly 100 physicians and hundreds more health-care and administrative positions.
The Arizona Cancer Center is the only National Cancer Institute-designated Comprehensive Cancer Center headquartered in Arizona. The Cancer Center’s presence on the PBC will add a clinical healthcare component to the campus. The AZCC clinic will strengthen the cluster of bioindustry organizations located at the PBC and will benefit the city’s economic development efforts.
June 16, 2011