Memphis Business Journal
By: Jacob Steimer
A gargantuan building permit was pulled Thursday — and its the largest in recent memory.
Flintco LLC pulled a $330 million permit for St. Jude Children's Research Hospital's new advanced research center at 612 St. Jude Place.
Overall, the new center is set to cost $412 million, making it the largest project ever on the Memphis hospital's campus. A separate, $21 million building permit was filed in May for the building's foundation.
The 625,000-square-foot, eight-story center was designed to help St. Jude recruit scientists and clinicians from around the world and to accelerate research on catastrophic pediatric conditions.
"This building is like no other research building in the world," St. Jude president James Downing said in February. "It provides laboratory space, common space, space for the faculty to interact, and it is constructed in a way that provides an open environment that facilitates multidisciplinary collaboration and interactions. That's the heart of advancing science to cure children with cancer and other catastrophic diseases."