[From the Arizona Daily Star]
The University of Arizona has crossed an important approval threshold for two new research facilities, including one for the BIO5 Institute.
Capital improvement plans were approved by an Arizona Board of Regents committee on Thursday.
Having the projects in the plan allows the university to spend some money to hash out project details, including how to repay bonds to finance the projects, ahead of more stages of approval.
A proposed $85 million bioscience lab facility would be built near the Bio5 building for disease research.
Read more at the source: “Regents panel OKs UA plans for 2 new research buildings“