UTICA, N.Y. — The Utica National Group Foundation on Wednesday announced a $1 million grant to support the project to build a $480 million, 373-bed, 672,000-square-foot hospital in downtown Utica, which is currently under construction.
Utica National Group Foundation, the philanthropic arm of the Utica National Insurance Group, awarded the funding to the Mohawk Valley Health System (MVHS) Foundation, MVHS said in a Wednesday news release.
“Having such a top-level, health-care facility will bring substantial benefits to the people in the community where we live and work,” Richard Creedon, Utica National CEO and chairman of its board of directors, said. “In addition to serving the medical needs of the community, it will provide an economic boost through jobs to the downtown Utica area, which in recent years has been a hub of growth and activity. We’re pleased that the foundation’s grant will assist with those efforts.”
“We are extremely grateful to the Utica National Group Foundation for their generosity,” John Forbes, VP of philanthropy at MVHS, added.
Beyond the economic stimulus the project provides, updated and improved health-care services will attract the technology companies and employees Utica needs to continue its growth, MVHS contends.
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