The recipient entity's physical address:
           6823 St. Charles Ave.
New Orleans, LA 70118

The recipient entity's mailing address (if different):
           1555 Poydras Street
New Orleans, LA 70112

Type of Entity (for instance, a nonprofit corporation):  Non-Profit Corporation

If the entity is a corporation, list the names of the incorporators:
          

The last four digits of the entity's taxpayer ID number:  3889

What is the dollar amount of the request?  $30,000,000

What type of request is this?  Capital Outlay Appropriation

Is this entity in good standing with the Secretary of State?  Yes

Provide the name of each member of the recipient entity's governing board and officers:
           Mrs. Elizabeth Connolly Alexander, Rye, NY
Dr. Jeffrey R. Balser, Nashville, TN
Mr. Bradley B. "Brad" Beers, Houston, TX
Ms. Regina M. Benjamin, Bayou Labatr, AL
Mrs. Gayle M. Benson, New Orleans, LA
Mrs. Carol L. Bernick (Chair), Chicago, IL
Ms. Kim M. Boyle, New Orleans, LA
Mr. Michael A. Corasaniti, Fairfied, CT
Mr. Glenn M. Darden, Fort Worth, TX
Ms. Michelle S. Diener, Miami, FL
Mr. Arnold W. Donald, St. Louis, MO
Mr. David F. Edwards, New Orleans, LA
Mrs. Stephanie S. Feoli, New Orleans, LA
Mr. Michael A. Fitts (President), New Orleans, LA
Mr. Timothy B. Francis, New Orleans, LA
Dr. Trivia P. Frazier, New Orleans, LA
Ms. Suzanne Barton Grant, Dover, DE
Dr. Robert I. Grossman, New York, NY
Ms. Lisa P. Jackson, Cupertino, CA
Mrs. Jennifer Juge Kottler, New Orleans, LA
Mr. Wayne J. Lee (Bd. Vice Chair), New Orleans, LA
Mr. Richard M. Lerner, Annapolis, MD
Mr. Barry A. Malkin, Chicago, IL

Mr. William A. Marko, Houston, TX
Mr. Everett (Pierce) Marshall, Jr., Dallas, TX
Mr. Michael F. McKeever, Greenwich, CT
Ms. Martha W. Murphy, El Dorado, AR
Mr. David M. Mussafer (Bd. Chair-Elect), Boston, MA
Dr. Steven M. Paul, Boston, MA
Mr. Donald J. Peters, Jr., Baltimore, MD
Mr. Michael David Rubenstein, Houston, TX
Mr. Irwin D. Simon, New York, NY
Mr. Albert H. Small, Jr. (Bd. Vice Chair), Bethesda, MD
Ms. Ann G. Tenenbaum, New York, NY
Mr. Mark W. Tipton, Atlanta, GA
Ms. Kate Yulman Williamson, New York, NY

Provide a summary of the project or program:
           This request is for $30 million in funding to support construction of a 297,000 SF Biomedical Research Facility as a key element of the Tulane University portion of the Charity Hospital Redevelopment project in New Orleans. The total estimated cost for the Biomedical Research Facility at Charity is $252 million. As part of the 1,012,000 SF Charity Hospital Redevelopment Project, Tulane will be the owner of 535,000 square feet in the renovated building, including the Biomedical Research Facility (297,000 SF), the School of Public Health and Tropical Medicine (SPHTM), the Tulane Innovation Institute, space for mature corporate, pharma, and biosciences, and co-location space for the School of Science and Engineering and School of Business. Tulane's space will support a total of 1,705 jobs, including 500 temporary construction jobs. Of that total, 700 jobs will be directly connected to the 297,000 SF Tulane Biomedical Research Facility.

What is the budget relative to the project for which funding is requested?:
          Salaries. . . . . . . . . . . . . $0
          Professional Services. . . $0
          Contracts . . . . . . . . . . . $0
          Acquisitions . . . . . . . . . $0
          Major Repairs . . . . . . . $0
          Operating Services. . . . $0
          Other Charges. . . . . . . $0

Does your organization have any outstanding audit issues or findings?  No

If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
          

What is the entity's public purpose, sought to be achieved through the use of state monies?
          The entire Charity redevelopment project is currently estimated at $635 million in construction expenditures, producing a $1.2 billion impact on the state economy, approximately 7,300 jobs, and about $10.5 million in State tax revenues. Once completed, the site will support 1,700 direct jobs, producing an annual $530 million impact on the state economy, and generating about $6.7 million in State tax revenues. Through the Charity Hospital Redevelopment project and its Biomedical Research Facility, Tulane will expand the region's research and educational capacities, accommodating approximately 1,000 students, faculty, and staff across administrative offices, research areas, and classrooms. Additionally, the plan includes expanding the new Tulane Innovation Institute to support researchers and Louisiana start-ups in commercializing their discoveries, as well as shifting the School of Public Health and Tropical Medicine to the new premises. Overall, Tulane has a $5.2 billion economic impact on the region, including $2.3 billion in New Orleans and brings in over $200 million annually in research grants. With the completion of the redevelopment project, of which the Biomedical Research Facility is a major component, the University is expected to generate nearly $3.1 billion in total economic impact within Orleans Parish, supporting approximately 21,030 jobs with nearly $1.2 billion in earnings, contribute nearly $5.9 billion in total economic impact within New Orleans MSA, supporting 33,360 jobs with $2.1 billion in employee compensation, and create around $6.1 billion in total economic impact across Louisiana, supporting 34,690 jobs with about $2.2 billion in employee compensation by 2033.

What are the goals and objectives for achieving such purpose?
          Positioned as the centerpiece of Tulane's vision for downtown New Orleans, the reimagined Charity Hospital represents a bold initiative aimed at revitalizing the area and fostering economic diversity. With a projected cost of $635 million and an ambitious timeline, this endeavor signifies a substantial stride towards reinvigorating downtown New Orleans and establishing it as a vibrant hub for scholars, researchers, and residents alike. Tulane aims to enhance its research and educational capacities, accommodating approximately 1,000 students, faculty, and staff across administrative offices, research areas, and classrooms. Additionally, the plan includes establishing the Tulane Innovation Institute to support researchers in commercializing their discoveries, as well as shifting the School of Public Health and Tropical Medicine to new premises. This commitment reflects a major expansion of Tulane's downtown campus within the BioDistrict New Orleans, an economic development district that strives to grow the biosciences sector of New Orleans’ economy.

What is the proposed length of time estimated by the entity to accomplish the purpose?
           Planning, design, and financial closing will require one year. Construction will require 2 years.

If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
     (a) If an elected or appointed state official, the name and address of the official and the office held by such person:
                
    
     (b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
                

     (c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
                

     (d) The position, if any, held by the official or immediate family member in the recipient entity:
                 

If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person: 
               

(b) If the contract is with an immediate family member of an elected or appointed state official:
          Provide the name and address of such person:
              

          Provide the name, address, and office of the official to whom the person is related:
               

          What is the nature of the relationship? 

(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
                

(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
               


Contact Information
name:  Ellen Palmintier 
                                       address:  1555 Poydras Street, Ste 1000
New Orleans, LA 70112
                                       phone:  504-988-3398
                                       fax:  504-988-3388
                                       e-mail:  epalmintier@tulane.edu
                                       relationship to entity:  Director, State and Federal Relations