Larry and Heidi Canarelli give $50 million for a Nevada children's hospital

Larry and Heidi Canarelli have committed $50 million to help build Nevada's first comprehensive, stand-alone children's hospital, Intermountain Healthcare Foundation announced on October 6. To honor the gift, Intermountain Health will name the hospital's inpatient tower the Larry & Heidi Canarelli Inpatient Tower.

"We've been fortunate to build in Nevada for a long time and watch generations of families put down roots here," the Canarellis said in the announcement. "Every child deserves access to great care close to home. We hope this helps keep more Nevada families together during some of life's most difficult moments."

What the tower will hold

According to Intermountain, the tower is set to open in 2030 with 180 inpatient beds and room to expand to 228. Planned services include a trauma center, an emergency department, the state's highest-level neonatal intensive care unit, pediatric intensive care, a cancer center, behavioral health services, a child abuse treatment center and advanced medical and surgical specialties. Intermountain expects to break ground later this month at the University of Nevada, Las Vegas Harry Reid Research and Technology Park.

Larry Canarelli founded American West Homes in 1984, the Las Vegas Sun reported. Intermountain says the gift is strongly encouraged and supported by the couple's children, Stacia Lemke, Jeffrey Canarelli and Alyssa Canarelli.

A campaign built on lead gifts

The gift advances the Nevada Campaign for Kids, which Intermountain launched on October 27, 2025, according to the Sun. The paper reported that Intermountain has put the cost of the project at more than $1 billion and has committed to funding two-thirds of it. Earlier gifts include $25 million from the Las Vegas Raiders, announced August 24, and $20 million from the Leona M. and Harry B. Helmsley Charitable Trust in May to expand pediatric behavioral health services in Nevada.

"The Larry & Heidi Canarelli Inpatient Tower is turning generosity into lasting capacity for children's health in Nevada," said David Flood, president of Intermountain Foundation. The campaign's co-chairs, Bill Hornbuckle, chief executive of MGM Resorts International, and Wendy Hornbuckle, said the Canarellis had answered the campaign's call, and that they were now asking others in the state to do the same.