The University of California at San Francisco plans to spend between $1 billion and $1.3 billion to build a new, 289-bed hospital on its Mission Bay, Calif., campus to meet growing patient demand. The 865,000-square-foot complex will become part of the two-campus, 574-bed UCSF Medical Center San Francisco, and will be devoted exclusively to the care of women, children and cancer patients. The project is scheduled for completion in 2013.
The university plans to raise $500 million through private donations; the rest of the money will come from hospital reserves, external financing and state or other funding sources, officials said. The UC Board of Regents is expected to approve UCSFs fundraising plans in May. -- by Laura B. Benko