Tulane University is purchasing the former Charity Hospital building and renovating it into a national hub for bioscience discovery and medical advancements. University President Michael Fitts says they’re redeveloping a building that’s been dormant for more than 20 years.
“We’re simply taking a building that was built in, I think, 1939, which has great bones, and completely renovating it and opening it up,” Fitts said.
Fitts says the concentration of scientists, students and entrepreneurs in this revitalized space will result in cures and new treatments for diseases
“It could be a location for our classes, for research, for entrepreneurs, for people to live,” Fitts explained.
Tulane’s purchase of the building is expected to close this fall, and construction will start soon afterwards. Fitts says when it’s completed in 2029, it will also put scores of people to work.
“We expect 2,400 new jobs of people working in the building when it’s complete,” Fitts noted.