Rendering via City of Phoenix
By InBusiness Phoenix
Arizona State University (ASU) and the City of Phoenix have officially announced the location for the ASU Health headquarters, marking a major step forward in the university’s expansion into medical education. The new facility will be built in downtown Phoenix within the Phoenix Bioscience Core, on a one-acre triangular lot bordered by Fourth and Fifth to the east and west; and Fillmore and Pierce streets to the north and south. This initiative reflects a collaborative effort between ASU and the city to advance healthcare education and innovation in the region.
ASU Health is set to include the university’s new School of Medicine and Advanced Medical Engineering, along with other health-related programs. The headquarters will serve as a central hub for research, training, and medical innovation, with the goal of improving healthcare outcomes across Arizona.
The City of Phoenix has pledged $12 million toward the project as part of its broader investment in infrastructure and education. The total estimated cost of the ASU Health headquarters is projected to be between $75 million and $130 million. This investment is expected to stimulate economic growth, create jobs, and attract medical professionals and researchers to the region.