The University at Buffalo School of Medicine and Biomedical Services has announced a $5 million gift from the John R. Oishei Foundation toward construction of an academic health center in downtown Buffalo.
Scheduled for completion in late 2016, the seven-story, $375 million center will be equipped with state-of-the-art medical labs, technologies, and classrooms for educating and training physicians. The university also hopes to use the gift to leverage additional funding, spur research discoveries, and drive advances in faculty and staff recruitment. In addition, the new center is expected to attract on a daily some two thousand faculty, staff, and students to downtown Buffalo and serve as a catalyst for job growth and retail and housing development.
"Throughout its history, the Oishei Foundation has consistently invested in improving education and health care, and this newest gift does both," says UB president Satish K. Tripathi. "We look forward to working with the foundation to establish Buffalo as an academic health center and a top healthcare destination."