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The Children's Hospital of Philadelphia Erects the Final Beam of its Newest Research Building
Date:9/17/2008

Children's Hospital will be poised to be the preeminent institution conducting translational research for the benefit of children.

PHILADELPHIA, Sept. 17 /PRNewswire-USNewswire/ -- The Children's Hospital of Philadelphia erected the final beam today in a "Topping Off" ceremony for the Colket Translational Research Building, the first in a series of buildings to be constructed on Children's Hospital's new South Campus.

Thousands including donors Ruth M. and Tristram C. Colket, Jr., Children's Hospital researchers, Board of Trustee members and senior leadership signed the beam to commemorate this milestone.

The new eleven-story, 450,000-square-foot research building is named for Ruth M. and Tristram C. Colket, Jr. in appreciation of their $25 million donation toward Children's Hospital's goal to advance translational research -- translating basic science research into real-life treatments and cures.

"The Colket Translational Research Building represents the future of The Children's Hospital of Philadelphia and a healthier future for children everywhere," said Steven M. Altschuler, M.D., president and chief executive officer of The Children's Hospital of Philadelphia. "Medical research has never been more promising, and I am confident that the greatest advances in pediatric research will occur in this state-of-the-art facility."

"Thanks to the commitment and generosity of Ruth and Tristram Colket, Jr., we will now have physical facilities as great as our scientists' talent and our institution's vision," said Stephen B. Burke, chairman, Children's Hospital Board of Trustees. "When we speak of Children's Hospital, we say that hope lives here. As we put the final beam in place on the Colket building, we know that a new hope will live -- and thrive -- here."

The $400 million research tower will comprise four new laboratory floors, a two-story ground floor housing a lobby, cafeteria, conference space, and four administrat
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SOURCE The Children's Hospital of Philadelphia
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