Project

Lease Purchase Obligations, Series 2024

$104,750,00 PAR AMOUNT

UK HealthCare has identified a need for a Cancer and Advanced Ambulatory Complex as it continues to make strategic investments for the benefit of providing better treatment options for its critical care and cancer patients throughout the Commonwealth of Kentucky. The UK Cancer and Advanced Ambulatory Building broke ground in April 2024 and will become the new home to UK Markey Cancer Center, a Comprehensive Spine Center, ambulatory surgery space, and various other outpatient services. With approximately 300,000 square feet of space dedicated to cancer services and room for additional growth, this facility will give the University the ability to treat and heal even more Kentuckians for years to come.

In support of the UK Cancer and Advanced Ambulatory Building project, the University will utilize a public-private partnership delivery method to construct a ten-story (eight above ground) parking garage for approximately 2,415 vehicles with direct access to the new UK Cancer and Advanced Ambulatory Building for patient convenience. To further improve patient access and convenience, ample graphics and ticketing automation will be provided in the parking structure. 

• $111.8M total project cost funded as a public-private partnership