St. Jude to add 10-story, $85M building - WMC Action News 5 - Memphis, Tennessee

St. Jude to add 10-story, $85M building

St. Jude Children's Research Hospital (Source: Chopper 5) St. Jude Children's Research Hospital (Source: Chopper 5)

St. Jude Children's Research Hospital is growing!

The hospital responsible for saving thousands of children every year in Memphis is getting a new 10-story building.

St. Jude announced it would spend $9 billion over the next six years on operations and expansion. Part of that expansion includes the 10-story building, which will go up inside the current gates and cost $85 million to build 

"No child should have to go through some of the things that the children here are going through," John Beasley said.

Beasley's daughter, Novallee, celebrated her 5th birthday on May 19.

Novallee has cancer and no treatment has worked so far, so her family brought her from Colorado to St. Jude, hoping for a miracle.

"So far, it's been great. They've taken care of everything," Beasley said.

The most amazing part of St. Jude is that they covered all expenses for patients and their families.

"The fact that it all comes from generous donors is amazing, you know, because we wouldn't be able to do any of this if it wasn't for people that help," Beasley said.

St. Jude's fundraising arm, ALSAC, is hoping to pull in even more of those generous donations.

ALSAC released a new strategic plan that calls for the hospital to treat 20 percent more patients over the next six years.

The new business model requires ALSAC to raise 75 percent of the $9 billion needed to fund the hospital's expansion.

ALSAC President and CEO Rick Shadyac released the following statement about the expansion plan:

“St. Jude Children’s Research Hospital has announced a new strategic plan designed to expand care and research investments and outcomes for children battling cancer and other life threatening diseases. This includes increasing new cancer patients treated on our campus by 20 percent and expanding our efforts globally to help children. St. Jude is uniquely positioned to take on this work, and over the next six years, St. Jude and ALSAC plan to spend approximately $9 billion on total operations and the expansion. Through our one-of-a-kind business model, ALSAC must raise more than 75 percent of the funds needed to operate St. Jude and fund expansion plans. These funds come from generous supporters who help ensure no family ever pays St. Jude for treatment, travel, housing and food so all they can focus on is helping their child live. To meet and sustain the large fundraising needs, ALSAC has had to grow and scale as efficiently and effectively as possible. We have outgrown all current space, and additional space is now necessary on the St. Jude campus to house the staff charged with raising these critical funds for the next 20 years. ALSAC is working carefully with our contractors and partners to complete and fund the expansion as efficiently as possible while continuing to meet and exceed Better Business Bureau guidelines for operating expenses.”

Memphis Mayor Jim Strickland praised the expansion plans as being great not only for the children and their families but also for the city.

"I think it's fantastic," Strickland said. "We're encouraging more expansion."

Beasley is just thankful St. Jude is here to give his daughter and his family hope for a miracle. He's thrilled more families are going to get the same chance because of this expansion.

"You never expect to have to go through this, but, you know, having someplace like this is just amazing," Beasley said. 

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