By Blanca Torres- San Francisco Business Times, August 23, 2013

Children’s Hospital and Research Center in Oakland started plans for a $500 million revamp of its campus at 747 52nd St. and research institute at 5700 Martin Luther King Jr. Way.

The hospital submitted a notice to prepare an environmental impact report and will go before Oakland’s Planning Commission next week for feedback.

The proposal is in its early stages, but here’s an overview of what Children’s Hospital wants to do with its facilities:

* Phase I consisting of a new 92,000-square-foot, six-story outpatient center and renovation of an existing 86,403-square-foot building.

* Phase II would add a three-story, 14,500-square-foot family residence hall, a 31,300-square-foot administration building, a 19,020-square-foot link building, a 125,403-square-foot Acute Care Patient Pavilion and a 114,901-square-foot parking garage with 334 stalls, and renovate a 62,342-square-foot gymnasium.

The renovation would expand the hospital’s bed count to 210 and make room for 205 additional staff.

One major hurdle: hospital executives, including CEO Bert Lubin, acknowledge that they haven’t lined up funding to pay for the rebuild, which could top $180 million for the first phase and $320 million for the second phase. The entire project could take at least three and a half years to build.