Tampa, Fla.-based Moffitt Cancer Center plans to build a 775-acre global innovation center in the hopes of preventing and curing cancer worldwide. The initial clinical and research investment will be approximately $800 million.
The research hub, located in Pasco County, will span 16 million square feet and include clinical, lab, manufacturing and office space. The Speros FL project is named after the Latin verb "Sperare," meaning "to hope" or "to look forward to."
"You cannot separate cancer research and treatment from hope, which is the root of the name 'Speros FL' and the driving force behind all that we do at Moffitt Cancer Center," Moffitt President and CEO Patrick Hwu, MD, said in a Dec. 15 news release. "Our vision is to be the global epicenter for personalized oncology care and leading research that will revolutionize the way we prevent, find and treat cancer."
Phase one is expected to begin in mid- to late 2023 with the construction of the first 650,000 square feet.
The state of Florida has pledged $706 million for the project through 2053.