Through the deal, Children’s National will acquire a 348,000-square-foot research facility, a conference center, auditorium, former ambulatory clinic used to treat soldiers and a 341,000-square-foot parking garage, according to the report.
Hospital leaders also plan to build a new outpatient clinic on the land.
They hope to start construction on the site by the end of 2017 and welcome researchers to the hub by the end of 2018.
More articles on facilities management:
Boston Children’s to close Prouty Garden ahead of $1B expansion
Children’s National Health System to build medical research hub at former Walter Reed Army Medical Center
South Bay Hospital to complete expansion project next month: 4 things to know
