Spurring the economy
Based on expenditures of $4.5 billion in FY 18, the WHSC has an estimated economic impact on the metro area of $8.8 billion.
With the recent addition of three local hospitals,* the Woodruff Health Sciences Center (WHSC) has almost 30,000 employees throughout Metro Atlanta and makes Emory the city’s second largest employer as well as the largest in DeKalb County.
|A recent gift will fund construction of a Winship Cancer Institute building at EUH Midtown and a health sciences research building on the Emory campus.|
The WHSC has an annual $8.8 billion economic impact on the local economy, deriving not just from jobs but also construction, collaborations, and more.
A new tower, serving as the new “front door” for Emory University Hospital (EUH), opened last year on Clifton Road, making possible current ongoing renovations to the original EUH hospital building across the street. Facilities at Emory University Hospital Midtown and Emory Saint Joseph’s hospitals are undergoing expansion, thanks in part to a new relationship with Kaiser Permanente* in which they will serve as the two primary hospitals for local Kaiser patient members and physicians. A recent $400 million gift from the Woodruff Foundation will fund construction in coming months of a Winship Cancer Institute building on the EUH Midtown campus and a new health sciences research building on the Emory main campus.
Much of Emory University, which was recently annexed into the city of Atlanta, is situated on the “Clifton Corridor,” a major employment hub including facilities for the Centers for Disease Control and Prevention, Children’s Healthcare of Atlanta, and the nearby Atlanta VA Medical Center. The corridor is under consideration regionally for construction of a light rail line, a project that is well positioned to compete against other projects nationally for additional federal funding. If implemented, this would ease traffic for the 50,000 cars passing through the area each day as well as increase opportunities for partnerships between Emory and other local academic institutions.
The Emory Sports Medicine Complex opened in the past year, in partnership with the Atlanta Hawks, whose training facility is part of the complex. In addition to the Hawks, Emory is the official provider for other major local teams, including the Braves, Falcons, and Atlanta Dream.
*Effective Fiscal Year 2019