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Jim Pattison, the Chairman and CEO of the Jim Pattison Group, has donated $75 million to the St. Paul’s Foundation for the building of the new St. Paul’s at the Jim Pattison Medical Centre, a world-class medical and research centre in the heart of Vancouver.
 
According to the foundation, this was the largest donation by a private citizen to a single medical facility ever seen in Canada.
 
“On behalf of the Jim Pattison Foundation, I am proud to donate to St. Paul’s Foundation for a hospital that has been putting people first in our community for more than 120 years,” said Pattison in a press release issued by the foundation. “The new Jim Pattison Medical Centre will build on St. Paul’s Hospital’s history of serving British Columbians with excellence and compassion, and enable close collaboration among clinicians and researchers to collectively drive new standards in health care and treatment for all British Columbians.”

The new Jim Pattison Medical Centre will be a purpose-built, fully-integrated health campus, comprising the entire 18.4-acre site on Station Street in the False Creek Flats. Building on St. Paul’s global reputation for leadership and innovation in clinical care and research, the Jim Pattison Medical Centre will be a hub for services that reach across Vancouver and the province of B.C.
 
“Today, Jim Pattison has stepped forward to transform health care on a scale this country has never seen,” said Dick Vollet, President and CEO, St. Paul’s Foundation in the same release. “Jim Pattison’s gift will help us realize an exceptionally rare opportunity to build a major medical and research centre from the ground up, that will establish its place among the most highly regarded and recognized medical centres in North America.”
 
The Jim Pattison Medical Centre will include St. Paul’s Hospital, the provincial Heart Centre, Centre for Heart Lung Innovation, the B.C. Centre for Excellence in HIV/AIDS, outpatient clinics and the PHC Research Institute, among others.

Here’s a Station Street fly around video of the project:
 
 
This is not the first gift Pattison has made to a medical institution, but it is certainly the largest. Among his past philanthropy was a 2011 donation of $5 million to the Surrey Memorial Hospital Foundation for its outpatient care and surgery centre.
 
For more information about this project and its impact on Vancouver’s commercial real estate market, please contact our office to speak with an advisor.