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Any developer would have to build platforms, columns and foundations over the tracks, at a cost of $2 billion, before the first building could be erected.
The donation was the biggest single grant in Lilly history and reflects the robust fortunes of foundations over the last several years.
Elsewhere in the verdant coastal countryside of the southern state of Guerrero, residents turned motorboats into improvised ferries, shuttling passengers, boxes of fruit and jugs of water across rivers that surged and ripped bridges from their foundations over the weekend.
The transportation authority expects that it will take 18 months after that to prepare the property for construction, and two to three years and about $1.5 billion to build platforms and foundations over the railyards.
Roughly $322 million given by such foundations over the last two years since Katrina compares with $519 million from corporate foundations and more than $100 billion from the federal government.
About 2percentt of the money Mr. Broad has given away through his two foundations over the last five years, or $15 million, went to support organizations like the United Way and the United Jewish Fund, which serve needy people as well as the middle class.
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An active, aggressive player in financial markets, the foundation turns over the equivalent of its entire asset base on average about every two months.
Jackson Avery took charge of Seattle-Grace after the Harper Avery foundation took over the ailing hospital on "Grey's Anatomy".
However, Madonna appeared in better spirits when she attended a fundraiser for Sean Penn's Haitian relief foundation over the weekend.
Commonly, you smooth your foundation over the top, only to feel everything disintegrate into bobbles under your fingertips.
It has built such a strong foundation over the last decade that this year it has started another prize, the Orange Award for New Writers.
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