Belk family gives $10M to help build cancer center

Mar. 24, 2014 @ 04:43 PM

Officials of Novant Health Presbyterian Medical Center are launching a $60 million fund-raising campaign with word of a gift from the family of the late John M. Belk.

The Charlotte Observer reports that the family is beginning the campaign with a $10 million gift. The gift will be used for the John M. and Claudia W. Belk Heart & Vascular Institute in the new 150,000 square foot building.

The hospital's campaign is aimed at building a center to house outpatient services for patients with cancer and heart disease.

Harry Smith, president of Novant Health's Greater Charlotte market, said total cost for the project is estimated at $90 million to $100 million, with groundbreaking projected for fall 2015 and completion projected in fall 2017.