MORNING HEADLINES | The Medical University of South Carolina (MUSC) is seeking donations to help fund a more than $1 billion top-tier cancer center proposed for downtown Charleston.
MUSC hopes to raise $250 million from private donors in-state and beyond to help pay for the planned hospital. The money raised would be added to the $175 million in taxpayer dollars the General Assembly is expected to approve for the project this year.
“For decades, Charleston has been well known as an international destination for food, for wine, for tourism and good-old Southern hospitality,” said J. Preston Covington III, chair of the advisory board for MUSC’s Hollings Cancer Center. But the new cancer hospital and Hollings’ goal of achieving advanced status, “will also [let Charleston] be known as a destination for elite, world-class comprehensive cancer care.”
MUSC’s current cancer hospital holds a tier-two designation as a Clinical Cancer Center. The bump in rankings could mean a bump in National Cancer Institute research grant support.
The proposed 14-story building would include 100 oncology rooms, operating rooms and urgent care dedicated to cancer patients. It would be equipped for stem cell transplants, clinical trials and physical therapy.
MUSC estimates it will spend $885 million for construction and $230 million for equipment, with the goal of opening the hospital in April 2030.
The capital campaign is the largest in MUSC Health’s history and would easily surpass the $68 million raised to support the MUSC Shawn Jenkins Children’s Hospital, said Carol Shannon, vice president of institutional advancement.
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