The University of Central Florida is planning a $30 million three-story research laboratory on its main campus.
UCF is also looking at a 39,000-square-foot second phase that would create a new building and add space to the first. Phase two would cost an estimated $17 million.
The first phase will be made up of 67,000 square feet of space that will include 30 research and incubator laboratories, space for business incubation, lecture halls, conference rooms and offices for research faculty and graduate students.
The lab will be used by faculty researchers and graduate students in physics, chemistry, nanoscience, and optics and photonics, among others.
The building will be located on UCF's main campus, near its arboretum. It will take up land that is currently used for student and faculty parking at the east Orange County location.
UCF is paying for the project out of its capital improvement budget and with about $6 million in state aid.
The need for the new lab building is acute, with UCF currently renting some lab space in Research Park, said UCF spokesman Mark Schlueb. "This would bring researchers and scientists from across the campus together."
The project is planned to go to bid in November, with work expected to begin in January. Completion is projected for mid-2017.
Phase two is not yet funded, with the money that does come in going to dictate what kind of facility is developed.