St. Jude Children’s Research Hospital is teeing up a roughly $810 million, 16-story Advanced Research Center II next to its existing research campus near downtown Memphis, a move the Memphis Business Journal reports could bring about 2,000 new jobs to the local economy. The project would create the largest single research building on the St. Jude campus and reshape the Danny Thomas Boulevard skyline in the process.
What the filing says
According to the Memphis Business Journal, the Advanced Research Center II, or ARC II, carries an estimated price tag of about $810 million and is planned to include laboratories, offices and support space for additional researchers and staff. The outlet reports the buildout is expected to support roughly 2,000…..