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Thursday, February 18, 2010
The University of Colorado has applied for multi-million dollar federal grants to help finish the construction of its biotechnology building since the cash-strapped state is rejecting the school’s funding requests.
CU’s Boulder campus split the building’s construction into two projects so that it could move forward on construction, without depending on state funding. The first phase of the building will be 257,000 square feet, and CU expects it to be finished in fall 2011. The school has plans for a 54,000-square-foot addition, which hinges on funding.
Instead of waiting for an economic turn-around at the state level—which could leave construction on the final wing of the building stalled for an indefinite period of time—CU is looking for money elsewhere.Read Full Article
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