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02/03/2010     Diamond Children's Center

Diamond Children's and partners to have $5.5B impact

Inside Tucson Business
Published on Wednesday, February 03, 2010

Tucson Regional Economic Opportunities estimates the Diamond Children’s Medical Center, set to open later this year, in partnership with the University of Arizona Steele Children’s Research Center will inject roughly $5.5 billion into the local economy over the next five years.
"Diamond Children’s will serve as a major pediatric health and wellness destination for the entire Southwest and beyond," said TREO President Joe Snell.

Diamond Children’s Medical Center, under construction at UMC, will occupy the top three floors of the six-floor Diamond Building. Parts of Diamond Children’s Medical Center will be ready for pediatric inpatients beginning this spring. A formal grand opening is planned for September.

TREO, which conducted the economic analysis in conjunction with Applied Economics, estimated the combined economic impact of Diamond Children’s Medical Center and of UMC and the Steele Center, a center of excellence at the UA College of Medicine.

A complete copy of TREO’s 23-page economic report, and further information on Diamond Children’s Medical Center, is available at www.diamondchildrens.org

Author: NA Publication: ITB
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