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    Home » Planning & Development » Mayo Buys 228 Acres, Kicks Off Bio Corridor
    Planning & Development

    Mayo Buys 228 Acres, Kicks Off Bio Corridor

    Amanda MurrayBy Amanda MurrayDecember 17, 2021No Comments3 Mins Read
    Credit: Arizona State Land Department
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    By Mayo Clinic

    Mayo Clinic has acquired 228 acres of land adjacent to its campus in North Phoenix, securing the ability to expand its patient-centered model of care and paving the way to develop a transformative biotechnology corridor.

    The L-shaped parcel wraps around the existing Mayo Clinic Hospital campus and the Arizona State University Health Futures Center. The parcel extends from 56th Street to 64th Street, south of State Route 101. It was purchased from the Arizona State Land Department at public auction on December 15th.

    Developing this area of North Phoenix to support Mayo Clinic’s strategic vision and the “Discovery Oasis” biotechnology corridor has been a long-standing goal of Mayo Clinic, the City of Phoenix, the State of Arizona and Arizona State University. (AZBEX; September 7th, 2018; September 10th, 2019) The concept furthers Mayo’s mission of addressing humanity’s most serious and complex medical challenges while fueling local and state economic growth. Biotechnology collaborators will be invited to co-locate in what is expected to become a dynamic corridor for advancing novel medical and health care solutions.

    “Leading in the transformation of health care on behalf of patients everywhere is central to Mayo Clinic’s strategy. We believe the acquisition of this land is one of these opportunities, giving us a new canvas to co-create with innovators in science and biotechnology,” said Gianrico Farrugia, M.D., CEO for Mayo Clinic.

    “Mayo Clinic will use a portion of the land for continued expansion of our Phoenix campus and our patient-centered model of care,” said Richard Gray, M.D., CEO for Mayo Clinic in Arizona. “But we also have a new opportunity to vision a biotech corridor, anchored by Mayo Clinic, where we invite collaborators to join us in pushing past the existing boundaries in medicine and health care. Discovery Oasis will be fertile ground in the desert, where new ideas can move rapidly from science to patient care solutions to biomanufacturing and broad application.”

    Mayo Clinic’s purchase of the site for $139M will benefit Arizona State Land Department beneficiaries, including state K-12 education.

    Mayo Clinic in Arizona is in the process of adding 1.6MSF to the Phoenix hospital campus as part of the “Arizona. Bold. Forward.” project – one of the largest capital expansions in the history of Mayo Clinic. By the close of 2023, nearly 100 new patient beds will be added, as well as outpatient, education and research spaces. Plans call for adding 100 more patient beds by 2030. (Source)

    Arizona Bold Forward. Arizona State Land Department Arizona State University Arizona State University Health Futures Center biotechnology corridor City of Phoenix Discovery Oasis Gianrico Farrugia Healthcare Higher Education Mayo Clinic Mayo Clinic Hospital Mayo Clinic in Arizona P3 Private Public public-private partnership Richard Gray State of Arizona
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