The challenge is significant
President and Board of Trustees have set goal of generating $175 million per year in external research funding.
THE GOAL
This will require 640,000 s.f. of dedicated research space
To reach this amount, 480,000 s.f. of new space must be constructed (200,000 s.f. of dedicated research space)
Total cost for additional space could reach $123 million (approx. $250/s.f.)
THE INVESTMENT