Simon family donates $40M to Riley

A $40 million gift from the Simon family to Riley Hospital for Children will help finish a new 10-story in-patient building and launch a fund-raising campaign, Riley Children's Foundation announced this morning.

The donation, the largest in the hospital's history, will be announced officially at noon at the foundation's annual luncheon. The announcement will be made by Jackie Simon, a member of the foundation's board of governors and wife of Simon Property Group Chairman and CEO David Simon.

The $475 million, 675,000-square-foot tower is to open in phases beginning in 2009 and be finished by 2013.

It will result in a net gain of 100 beds, and expand emergency room services and an obstetrics unit for high-risk deliveries, among other provisions.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets on
{{ count_down }}