In local news: Ann Lurie, president of Lurie Investments, in Chicago, and a former pediatric nurse, has pledged $100-million to Children’s Memorial Hospital. Her gift will help build a new facility in Chicago’s Streeterville neighborhood and will support pediatric-health research.
The new hospital, which will be named for Ms. Lurie and her late husband, Robert, will likely cost $850-million in all. Construction will begin in the spring, and the facility is scheduled to open in 2012.