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UCSF's $275M cancer center set to break ground in Mission Bay next month
March 21, 2017 • Source: biz journals • Posted in: Market News
The $275 million UC San Francisco Precision Cancer Medicine Building will break ground next month, the latest project approved in the university’s massive Mission Bay expansion.
Construction on the 170,000-square-foot facility located on the Southwest corner of the intersection of Third and Sixteenth Streets is slated to be completed by spring 2019. The UC Regents Finance and Capital Strategies Committee gave the project the go-ahead at their meeting Wednesday.
University officials say the new facility will consolidate its cancer outpatient services, some of which is currently split across both the adjacent Gateway Medical Building and UCSF’s Mount Zion campus. Space freed up at both locations will be released for other clinical programs.
UCSF Chancellor Sam Hawgood cited double-digit growth of outpatient visits year-over-year as evidence of the necessity of the new building.
Along with 63,000 square feet of clinical exam space, the Precision Cancer Medicine Building will house 45 new infusion bays for administering chemotherapy, two additional accelerator vaults, 19 new or related pieces of imaging equipment and other crucial components like a pharmacy and tissue lab.
“There’s a variety of design principles that were agreed on with our cancer faculty and patient center nurses,” Hawgood said at the committee meeting. “The idea is that as far as humanly possible, the patient will come to a single location and services will come to the patient.”
The outpatient cancer facility was initially planned part of Phase 1 of the UCSF Medical Center at Mission Bay, but the project was stalled due to a lack of available development funds. The other buildings that comprise Phase 1, the Cancer, Women’s and Children’s Hospitals, along with the Gateway Medical Building, have already been completed.
The project is being developed with no external financing mechanisms and the building cost is split between $175 million in UCSF campus funds and $100 million in pledged donations. A $48.5 million portion of donations still needs to be raised and is currently backstopped by a pledge of campus funds.
Mission Bay, and specifically the intersection of Third and Sixteenth Streets, has turned into one of the busiest development centers in the entire city.
Earlier this year, the UC Regents approved a $237 million academic tower on the parcel known as Block 33 across the street from the Precision Cancer Medicine building. The 340,000-square-foot project is scheduled to break ground this summer.
Just north of that site is the $1 billion Chase Center Warriors arena project, which broke ground in January and is slated to open for the 2019-20 season.
To the west of the arena, on the intersection's Northwest corner, sits a UCSF-owned site known as Block 25B, which has been floated as the site of office and research towers up to 110 feet and 160 feet.
In 2014, UCSF finished up a Long Range Development Plan that anticipates a 31 percent increase in employees and a projected campus growth of approximately 2.39 million square feet by 2035.
The project architect is Canadian design firm Stantec. The project contractor is Redwood City-based Rudolph and Sletten, a division of the publicaly traded Tutor Perini Corporation.
External Link: http://www.bizjournals.com/sanfrancisco/news/2017/03/15/mission-bay-cancer-ucsf.html