St. Jude Children’s Research Hospital and A

Summary

St. Jude and ALSAC received a $36,000,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.

The grant will assist the organization in Pinch District utility improvements, including electric, water and gas relocation, improvement and alignments; sewer, stormwater and drain relocation, improvements and alignment; telecommunications relocation and realignment and additional improvements.

St. Jude Children's Research Hospital is one of the world's premier pediatric cancer research centers. Its mission is to find cures for children with cancer and other catastrophic diseases through research and treatment.

Financing Amount:

$36,000,000

Projected Total Jobs:

1,800

Total Investment:

$48,000,000

Approved

10/25/2015