NewsStocksLas Vegas Raiders Announce $25 Million Gift to Help Build Nevada's First Stand-Alone Children's Hospital

Las Vegas Raiders Announce $25 Million Gift to Help Build Nevada's First Stand-Alone Children's Hospital

Author: Fox Business Markets·

Key Takeaways

  • •The Raiders and Intermountain Health are donating $25 million to support Nevada’s first stand-alone children’s hospital.
  • •Owners Mark Davis, Egon Durban and Michael Meldman each contributed $5 million, and the Raiders added another $10 million.
  • •The hospital will be built at the UNLV Harry Reid Research and Technology Park and is planned to include 180 beds on a 33-acre campus.
  • •The facility will provide pediatric emergency, outpatient, inpatient and specialty care, with room for future expansion.
  • •Construction is expected to start in the coming months, and the hospital is scheduled to open in 2030.
Las Vegas Raiders Announce $25 Million Gift to Help Build Nevada's First Stand-Alone Children's Hospital

The Raiders continue to build on their impact in the Las Vegas community, announcing Monday the largest philanthropic commitment in the franchise's history. The pledge deepens the organization's ties to a market it has called home since its 2020 relocation from Oakland to Allegiant Stadium.

The team, together with Intermountain Health — a Salt Lake City-based nonprofit health system — announced a $25 million gift to help build Nevada's first-ever stand-alone children's hospital.

The gift was led by owners Mark Davis, Egon Durban, and Michael Meldman, who each contributed $5 million toward the hospital's development. The Raiders committed an additional $10 million to the effort.

"We want this gift to remind children and families that they have our team backing them and that the support of the entire Raider Nation is in their corner," Davis said in a statement about the philanthropic achievement.

Mitch Cloward, Intermountain Health's region president, added: "The Raiders are committed to excellence, and this gift is a generational investment that will keep families closer, strengthen our community, and give every kid every chance to thrive."

The hospital will be located at the UNLV Harry Reid Research and Technology Park and will be the first facility of its kind in Nevada, an undertaking described as "anchoring a new future for kids and families across the state and delivering comprehensive, high-acuity pediatric care." Until now, pediatric care in Nevada has been delivered through children's units within general hospitals rather than a dedicated stand-alone facility, and families seeking some of the most complex specialty treatments have often had to leave the state for care.

The building will span 828,000 square feet on a 33-acre campus and include 180 patient beds, with a design that allows room to grow.

The facility will provide advanced emergency services designed specifically for children, a full-spectrum outpatient center, and inpatient and specialty care.

As a result of the $25 million gift, the physical therapy and rehabilitation space at Intermountain Health Nevada Children's Hospital, as well as its bistro, will be named in the Raiders' honor.

The Las Vegas Raiders Bistro will sit adjacent to the hospital's main lobby. The press release described it as "a space where caregivers and parents navigating the complexities of having a child in the hospital can pause," providing "a quiet meal, or seeking a moment of normalcy" where families can find support.

"Sports reminds us that we do our best when we have the right team around us," Meldman said in a statement. "Families deserve to feel supported every step of the way. In addition to the experts at Intermountain Health, the Raiders family stands with our community's kids."

The Las Vegas Raiders Inpatient Rehab Gym will also play a vital role in helping children "heal, grow stronger, and regain confidence through movement and play." The space will offer advanced therapeutic equipment alongside playful design elements intended to make therapy feel more empowering and fun.

"When we invest in children, we invest in everything that comes next – their education, their opportunities, and their future," Raiders president Sandra Douglass Morgan said in a statement. "We want Nevada's kids to know that their home team is cheering them on."

The project adds to the franchise's growing physical presence in the region, which includes Allegiant Stadium and the team's Henderson headquarters and training facility.

Construction on the landmark hospital is expected to start in the coming months, with an anticipated opening date in 2030.

Source: Fox Business Markets