Document Type

Closed Project

Publication Date

Fall 2003


Timothy Anderson

Course Title

Engineering Economic Analysis

Course Number

EMGT 535/635


The Oregon Health and Science University (OHSU) is Oregon largest health services provider and only health academic and teaching hospital. It has proposed to expand its research programs by building a Bio Technology infrastructure capable of supporting 1% of the multi-billion dollar bio sciences market. The 30-year plan includes investments in two new buildings at OHSU’s southwest Portland Marquam Hill campus, as well as long term plans to develop the North Macadam property. This report evaluates the economic feasibility of the two new buildings added to the Marquam Hill Campus. The project includes erecting a Patient Services Building and a Bio Research Lab Building. The project is a $324 million project to be constr ucted by 2005. It is funded by $200 million in state-backed bonds and the balance by OHSU. The Patient Services Building will add 144 new beds to the hospital and the Bio Research Building will provide wet lab and incubator facilities. The significance of the Bio Research Building is that is will act as a catalyst to stimulate growth of the bio science industry in Portland.


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