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Children's Hospital of Philadelphia is getting a $50 million boost from a New York City real estate mogul and his wife.
The hospital says Mitchell Morgan and his wife, Hilarie, have donated the money to name a new research center that's currently under construction next to CHOP's Roberts Center for Pediatric Research, the Philadelphia Inquirer reports.
The Morgan Center for Research and Innovation will be a 17-story, 350,000-square-foot facility that will "provide a more seamless working experience for teams dedicated to accelerating the pace of scientific discoveries that will ultimately improve children's health worldwide," CHOP President Madeline Bell says in a press release.
CHOP says the Morgan Center will "significantly expand" the hospital's laboratory research capacity and "create synergies with clinical research activities conducted in the neighboring Roberts Center for Pediatric Research."
Hilarie Morgan, a Temple University psychology grad, and her husband are the founder and chairman of Morgan Properties, a national real estate investment firm.
"As parents, and now grandparents, Mitchell and I understand that opening doors in healthcare provides opportunities of the most significant kind," Hilarie Morgan says.
"We feel extremely fortunate to be a part of this exciting opportunity to ensure that children everywhere can have access to world-class care."
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