Philadelphia-based Thomas Jefferson University (Jefferson) received its second largest donation at $70 million. The gift was from Sidney and Caroline Kimmel and will be used to expand the biomedical research at its Center City location.
The expansion includes a 12-story building, which will be named the Caroline Kimmel Biomedical Research Building and will cost nearly $350 million.
“This new building will be 225,000-square-feet, all devoted to research,” Dr. Stephen Klasko, President of Thomas Jefferson University and CEO of Jefferson Health, told the Philadelphia Business Journal.
This new building is expected to create 250 to 400 new jobs at Jefferson.
“The Caroline Kimmel Biomedical Research Building will serve as a magnet for scientific talent and will bolster our status as a national research university,” said Dr. Mark Tykocinski, Provost and Executive Vice President, Thomas Jefferson University, and Dean of Sidney Kimmel Medical College at Thomas Jefferson University.
In June of 2019, Jefferson opened their new $7 million Jefferson Institute for Bioprocessing facility located in Montgomery County. Jefferson continues to add to our region’s top-notch health care sector.