X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CAMDEN, NJ-It’s still in the early discussion stages, but a plan is in the works for a new $130-million medical school located adjacent to Cooper University Hospital here. The board of trustees of the University of Medicine and Dentistry of New Jersey has started talking about the feasibility of such a project, according to officials of the university. One of the talking points is whether outside funding can be arranged to do the project, because it’s not currently in the institution’s budget, according to a spokesman for UMDNJ.

If it comes to fruition, it would be the fourth component of the UMDNJ, which is the country’s largest public university of its kind. Its existing schools include the New Jersey Medical School in Newark, the Robert Wood Johnson Medical School in New Brunswick and the School of Osteopathic Medicine in Stratford.

The local project, according to the spokesman, is also being viewed as a major component in this city’s ongoing revitalization. And an internal feasibility report made public by Cooper University Hospital offered the conclusion that a med school project is key to its future growth and ability to compete. Cooper, which came close to bankruptcy several years ago, has since rebounded and is currently expanding.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.