Pacific Group plans to build a 135-acre, all-in-one campus including a hospital, research center, office and retail buildings. The new campus is estimated to create 10,000 new jobs and contribute $3.2 billion to the economy.
Medical office space will take up 1.3 million square feet, and research and development space will amount to 900,000 square feet. The hospital on the campus will include more than 600 patient beds. Pacific Group is still seeking a healthcare partner to occupy the space.
Las Vegas sold the property to Pacific Group earlier this year for $37 million.
Construction is estimated to take 10 years.
Editor’s note: This article was updated Oct. 7 at 4:25 p.m.
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