08/19/2026 | Press release | Distributed by Public on 08/19/2026 07:36
The University of Tennessee Health Sciences is in the midst of an unprecedented capital improvement program with $632 million in completed, active, and planned investments for the Memphis campus, including a planned $350 million College of Medicine Interdisciplinary Building.
This is part of a larger effort to invest in the UT Health Sciences campuses across Tennessee in partnership with clinical partners in the coming years. A comprehensive Capital Master Plan update is underway, which will inform future investments in the university's campuses in Memphis, Knoxville, Nashville and Chattanooga.
"UT Health Sciences' capital improvement program represents a coordinated and disciplined approach to campus development across our statewide footprint," said Raaj Kurapati, executive vice chancellor and chief operating officer.
"The plan integrates modern academic facilities, resilient infrastructure, safety compliance and strategic planning designed to strengthen the university for long-term excellence," he said.
In April, the Tennessee General Assembly approved $311 million recommended by Governor Bill Lee for the construction of a new College of Medicine Interdisciplinary Building on the Memphis campus. This was the largest state-funded capital project for higher education in the history of Tennessee.
The planned $350 million College of Medicine Interdisciplinary Building will help UT Health Sciences train professionals across the six colleges to provide state-of-the-art team-based health care.UT Health Sciences is currently in the midst of a $50 million philanthropic campaign for the remaining cost of the building, which includes $39 million for capital needs and $11 million for programmatic support for the building.
Projected for substantial completion in 2029, the building will help the university combat the projected shortage of healthcare professionals in Tennessee, allowing for the expansion of the medicine class from 175 to 250 per cohort. It will also enable the Physician Assistant (PA) Program, which is ranked No. 1 in Tennessee, to grow from 30 to 60 students per year.
Located on Madison Avenue between the College of Pharmacy Building at 881 Madison and the former Holiday Inn building site at Madison and Pauline Street, the 300,000-square-foot building will refresh the Memphis campus footprint, serve as a hub for training across the university's six colleges, and anchor other capital investments the university is undertaking in the surrounding Memphis Medical District. Groundbreaking is set for October.
A $1.2 million campus fencing project on the Memphis campus is set for completion this summer. It is designed to improve safety and better define the perimeter of the campus to promote increased visibility for the university in the community.
The decorative brick-and-metal fencing with branded signage marks the campus boundaries.
"While the Memphis community knows the outstanding work we do as an academic, clinical and research institution, we often hear many are not familiar with our physical campus," Kurapati said. "This project outlines our campus."
He said the fencing is part of a larger effort to use infrastructure, camera technologies, and human resources to create a safe and secure environment that helps move the campus toward being a destination, as opposed to a commuter campus.
"I think the vision is to really create an environment people will come to and actually spend time," Kurapati continued. "Part of the reason why we brought down the Holiday Inn (at the corner of Madison and Pauline) is to create additional space where we can develop the entry to campus." The $12 million demolition of the old Holiday Inn tower was completed in February.
"I think the vision is to really create an environment people will come to and actually spend time."
Raaj Kurapati"The College of Medicine building is going to be, obviously, kind of like the star facility, but on the corner of Madison and Pauline, we want to build a multi-use facility that has housing, apartments, retail, restaurants, most likely through a public-private partnership," Kurapati said. The university has acquired the SoMA Apartment Complex adjacent to the Holiday Inn site for $4 million with plans to demolish the building to support the development.
The old Holiday Inn Building at the corner of Madison Avenue and Pauline Street was demolished recently to make room for future projects.UT Health Sciences works collaboratively to spur economic growth in the Memphis Medical District, which surrounds the Memphis campus.
A campuswide space utilization study continues to guide space allocation, renovation priorities, and demolition of obsolete facilities. This analysis informs both the updated Campus Master Plan, set for completion by the end of the year, and the current planning for the new College of Medicine Interdisciplinary Building, expected to begin construction this fall.
"The portfolio demonstrates UT Health Sciences commitment to operational sustainability, academic leadership, and responsible stewardship of public resources," Kurapati said. "Additionally, the capital improvements enhance the university's commitment and ability to train the healthcare workforce for Tennessee.