News Release News Release The City of Palo Alto
Communications Department
650-329-2607
250 Hamilton Ave
Palo Alto, CA 94301

1/19/2011

FOR IMMEDIATE RELEASE
PRESS RELEASE 01/19/2011
Subject :

City Council to Review Stanford's Development Agreement for Stanford University Medical Center Facilities Renewal
Meeting on January 31 to Discuss
Contact : Steve Emslie, Deputy City Manager    650-329-2354
Palo Alto, CA – The City of Palo Alto has received Stanford Hospital and Clinics' (Stanford) revised proposal outlining their suggested Development Agreement terms for the pending Stanford University Medical Center Facilities Renewal and Replacement Project. The hospital renewal project, a 1.3 million square foot expansion of the existing medical center, is the largest single development project in Palo Alto in at least 50 years. The City Council is scheduled to discuss this proposal at an initial study session on January 31 and take final action on the project later this spring.

"The City values the hospital and the expansion project, and is pleased to have one of the great medical facilities of the world in our community and available to our residents," said Mayor Sid Espinosa. “The project is very important to all of us and the City appreciates the investments Stanford is making in its hospitals to ensure seismic safety and continued effectiveness in the 21st century.”

“The City understands and supports the necessity for investments in updating this world-class medical facility. Our staff has been working diligently for quite some time with Stanford to help identify terms that will advance the project,” said City Manager James Keene. “We expect Council will propose modifications in the terms for the development agreement, but Stanford Hospitals has provided a good foundation for those discussions, and we have a timeframe set for reaching final agreement in the next few months.”

City Council was explicit about a timetable for this proposal and is expected to take action by April 2011. The City will hold a series of public meetings this spring to consider the final permits and land use entitlements necessary on this project prior to the City Council’s final action on the project.

Visit the City’s website at www.cityofpaloalto.org/sumc for information about the project applications and plans, staff reports to the Planning and Transportation Commission and City Council, community workshop notes, and a calendar of upcoming meetings.



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