An example of a city's efforts to enhance its economic viability
- Click here for the article.
Houston's Texas Medical Center is the largest medical center in the world. With the announcement of TMC's plans to build a 500-acre biomanufacturing and medical supplies distribution center, it also aims to be a premier hub for life sciences.
. . . TMC has been trying to grow its presence in the life sciences ecosystem in recent years, and the COVID-19 pandemic emphasized the need to grow in that area even further.
According to TMC President and CEO Bill McKeon, the COVID-19 pandemic highlighted the risk of depending on manufacturing from overseas, as many hospitals struggled to secure personal protective equipment and other critical supplies.
Having a biomanufactuing and medical supplies center in Houston would help the region and other areas of the country avoid similar problems in the future, McKeon told Chronicle reporter Evan MacDonald.
For more on the Texas Medical Center, click here.
The Texas Medical Center (TMC) is a 2.1-square-mile (5.4 km2)[1] medical district and neighborhood in south-central Houston, Texas, United States, immediately south of the Museum District and west of Texas State Highway 288. Over 60 medical institutions, largely concentrated in a triangular area between Brays Bayou, Rice University, and Hermann Park, are members of the Texas Medical Center Corporation—a non-profit umbrella organization—which constitutes the largest medical complex in the world.[1] The TMC has an extremely high density of clinical facilities for patient care, basic science, and translational research.[1][2][3]
The Texas Medical Center employs over 106,000 people, hosts 10 million patient encounters annually, and has a gross domestic product of US$25 billion.[1] Over the decades, the TMC has expanded south of Brays Bayou towards NRG Park, and the organization has developed ambitious plans for a new "innovation campus" south of the river.[4] The 4.93-square-mile (12.8 km2) Medical Center / Astrodome area, highly populated with medical workers, is home to over 20,000 people.
. . . The Texas Medical Center was established in 1945, in part by funds endowed to the M.D. Anderson Foundation by businessman Monroe Dunaway Anderson.[10] The fund's first gift was a check of $1,000 to the Junior League Eye Fund for eyeglasses. In 1941, the Texas State Legislature granted funds to the University of Texas for the purpose of starting a cancer research hospital. The M.D. Anderson Foundation matched the state's gift to the university by supplying funds and land on the condition that the hospital be established in Houston and named after its founder.
President Franklin D. Roosevelt approved the purchase of 118 acres (0.48 km2) from the estate of local entrepreneur George Hermann (namesake of Hermann Park) in 1944 for the construction of a 1,000-bed naval hospital in Houston. The hospital, later renamed the Michael E. DeBakey Veterans Affairs Medical Center, opened in 1946 and became a teaching facility for Baylor College of Medicine.
- Click here for more on Monroe Dunaway Anderson.
Monroe Dunaway Anderson (1873–1939) was a banker and cotton trader from Jackson, Tennessee. With William L. Clayton, Anderson built Anderson, Clayton and Company (formed in 1904 by his brother Frank E. Anderson and Frank's brother-in-law, William L. Clayton) into the world's biggest cotton company. In the event of one of their deaths, the partnership would lose a large amount of money to estate taxes and might be forced to dissolve. In order to avoid this, Anderson created the M.D. Anderson Foundation with an initial sum of $300,000. In 1939, after Anderson's death the foundation received an additional $19 million.
In 1941, the Texas Legislature appropriated $500,000 to build a cancer hospital and research center. The M.D. Anderson Foundation agreed to match the state funds if the hospital were located in Houston at the Texas Medical Center (another project of the Anderson Foundation), and named after Anderson.
Using surplus World War II Army barracks, the hospital operated for 10 years from a converted residence and 46 beds leased in a Houston hospital before moving to its current location in 1954. The center would later become one of the leading cancer research and treatment institutions in the world.
