The total construction cost of the two towers will exceed $1 billion. The buildings are part of St. Jude’s five-year, $12.9 billion strategic plan.
The foundation of the outpatient clinic tower will cost more than $40 million and the clinical office building will cost $34 million.
“This project was originally announced in July 2022 as part of an increase in funding from $1.9 billion to $2.3 billion for construction, renovation and capital needs outlined in the 2022-27 St. Jude Strategic Plan,” a St. Jude spokesperson told the Memphis Business Journal. “The strategic plan represents the largest expansion in the more than 60-year history of St. Jude.”
