St. Jude to Build $810M Research Tower in Memphis

New 17-story facility will expand hospital's capacity for life-saving research.

Published on Feb. 20, 2026

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St. Jude Children's Research Hospital is investing $810 million to construct a new 17-story research tower on its campus in Memphis' Pinch District. The 865,000-square-foot high-rise will include 130 lab spaces across 13 floors, expanding the hospital's capacity to conduct critical medical research.

Why it matters

As a leading pediatric research hospital, St. Jude's expansion will allow it to further its mission of advancing treatments and cures for childhood diseases. The new tower represents a major investment in the Pinch District, a historic Memphis neighborhood that has seen significant redevelopment in recent years.

The details

The new Advanced Research Center is expected to be completed in 2029. St. Jude hired Elkus Manfredi Architects to design the tower and Yates Construction to build it. The facility will include 130 lab spaces across 13 floors, allowing the hospital to expand its research capabilities.

  • St. Jude announced the $810 million investment on February 20, 2026.
  • The new 17-story research tower is expected to be completed in 2029.

The players

St. Jude Children's Research Hospital

A leading pediatric research hospital focused on advancing treatments and cures for childhood diseases.

Elkus Manfredi Architects

The architectural firm hired to design the new 17-story research tower for St. Jude.

Yates Construction

The construction company hired to build the new 17-story research tower for St. Jude.

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What’s next

St. Jude expects the new research tower to be completed and operational by 2029.

The takeaway

St. Jude's $810 million investment in a new state-of-the-art research facility underscores its commitment to driving medical breakthroughs and improving outcomes for children with serious illnesses. The project will also have a significant economic impact on the Pinch District and broader Memphis community.