APEX, N.C. (AP) — North Carolina’s first standalone children’s hospital will be built in a bedroom community near the state capital, the project’s health systems announced Thursday, creating a campus estimated to bring 8,000 jobs to the area.

With two of the largest health care systems in North Carolina set to collaborate on building a new children’s hospital, the location of the state’s flagship pediatric facility has been chosen.

The deal is expected to transform a wide swath of the growing western Wake County town, paving the way for a multibillion-dollar project that would create thousands of jobs.