OHSU agrees to expand $160 million Life Sciences Building
Oregon Health and Science University will expand research space at its new South Waterfront campus building, adding about $30 million to the building's proposed $160 million cost.
OHSU board members agreed Tuesday to the 20,000-square-foot expansion. It will add research space to the Oregon University System-OHSU Collaborative Life Sciences Building and a platform for possible construction of a second wing.
The Life Sciences Building will be the first new structure on OHSU's Schnitzer Campus in the South Waterfront area. It is a collaborative project involving OHSU and the university system, primarily Portland State University.
The additional research space will be used by the OHSU Center for Spatial Systems Biomedicine, which will study how cancer cells grow. The additional platform could be used to relocate the School of Dentistry's clinical facilities. It also could provide space for more labs that will be needed as the university grows.
The 400,000-square-foot Life Sciences Building, partially funded by a $40 million anonymous donation, will allow expansion of classes in the OHSU School of Medicine, the School of Dentistry and the Physician Assistant program.
The original $160 million cost of the Life Sciences Building will be financed by the $40 million donation, $10 million from TriMet and $110 million in state bonds.
OHSU is expected to sell bonds to cover the project's additional $30 million cost.