Children's Hospital Project Receives $150 Million Gift
The facility is expected to break ground at the UNLV research park by the end of October 2026.
Updated on Oct. 23, 2026 in Philanthropy
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Families in the Las Vegas Valley are one step closer to Nevada's first standalone children's hospital following a $150 million donation from Felicia and Ben Horowitz. The gift brings the total private backing significantly higher for the project, which is set to occupy 34 acres at the UNLV Harry Reid Research and Technology Park.
Why it matters
The hospital aims to fill a major gap in pediatric healthcare access within Nevada, where residents have long lacked a dedicated facility of this scale. The project is expected to carry a total price tag exceeding $1 billion as it prepares to break ground.
The new facility is slated to open with 200 beds and a staff of 2,000 to 3,000 caregivers. It sits on 34 acres within the 122-acre UNLV Harry Reid Research and Technology Park.
The players
Felicia and Ben Horowitz
The philanthropists who provided a $150 million donation for the children's hospital project.
Intermountain Health
The health organization leading the construction of the new children's hospital.
Larry and Heidi Canarelli
Local donors who contributed $50 million to the hospital project earlier in October 2026.
Las Vegas Raiders
The professional football team that donated $25 million to the hospital in August 2026.
The details
The facility, to be named the Intermountain Health Felicia and Ben Horowitz Children's Hospital, will break ground by the end of October 2026. This latest infusion of cash follows significant contributions from Larry and Heidi Canarelli and the Las Vegas Raiders. The project remains under development at the UNLV Harry Reid Research and Technology Park, with no further details yet released regarding the final construction phases.
Timeline
October 2024: The hospital site was unveiled.
August 2026: The Las Vegas Raiders donated $25 million.
Early October 2026: Larry and Heidi Canarelli donated $50 million.
October 23, 2026: Intermountain Health announced the $150 million gift.
End of October 2026: The hospital is expected to break ground.
Beyond the Strip
The project represents the most significant expansion of medical infrastructure in the valley since the 2024 unveiling of the hospital site. This latest gift accelerates progress toward the construction goals established during that initial planning phase.
Families in the valley should watch for the upcoming groundbreaking at the UNLV Harry Reid Research and Technology Park by month's end. Once completed, the hospital will provide a local destination for specialized pediatric care currently unavailable in the state.
The takeaway
The children's hospital is shifting from a funding phase to active construction by the end of October 2026. Residents should keep an eye on project updates at the UNLV Harry Reid Research and Technology Park as the $1 billion facility begins its build-out.
What happens next
The project is expected to reach its next major milestone at the end of October 2026 with the scheduled groundbreaking.
Further reading
Learn more about local charitable initiatives in the Philanthropy section.
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