Creighton University plans to build a $150 million medical school at Park Central Mall next to St. Joseph’s Hospital and Medical Center in Phoenix.

Plans call for training 700 medical students in what will be two buildings totaling 300,000 square feet on the southeast corner of the mall property at Central Avenue and Catalina Drive.

Phase I will be a 150,000-square-foot building that will cost between $75 million and $100 million to develop, followed by a mirror image of a second 150,000-square-foot building at a later time as the school grows.

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