After more than a decade of discussion, the start of construction for the new Cancer and Cardiovascular Research Building was marked by a ceremonial groundbreaking Wednesday.
Located north of TCF Bank Stadium, the building will finalize University of Minnesota’s corridor of research centers called the Biomedical Discovery District. It will be the district’s fourth and final facility.
In 2008, the state agreed to pay 75 percent of the capital costs for the $200 million building, with the University paying the remainder. Construction is expected to take two years.
The multi-disciplinary cancer and cardiovascular center costs more than double the other buildings in the research district.
The University predicts that the district will help secure up to $40 million in annual research funding from private companies and grant sponsors. The school has spent more than $116 million in building costs for the district since its conception.
Douglas Yee, director of the University’s Masonic Cancer Center, said the University will transplant some of its programs and researchers into the new building in 2013, but exactly which will move has not yet been decided.
The new complex will be one of 40 “comprehensive cancer centers” in the country, studying prevention, risk factors and therapies, he said. Yee said he hopes the building will house both laboratory research and clinical testing to allow for more collaboration between the two groups.
The Board of Regents, the state legislature and University administration have supported the building, describing its location by the soon-to-be installed light rail as a “gateway” for visitors to the University. Several University faculty members, however, criticized the project last year.
Faculty for the Renewal of Public Education, an independent group at the University, voiced disapproval for the project in an open letter to the Board of Regents.
“Embarking on new projects is imprudent,” because of the decrease in financial support from the state, the faculty wrote.
The group also said they feared new building projects would “saddle the University with increased debt and ancillary costs that will hobble the institution in future years.”
In his remarks at the groundbreaking ceremony, President Bob Bruininks referenced bipartisan support from the legislature that prioritized the project as a capital investment. The president said that putting money into research efforts like this allowed the University to stay ahead.
“If we didn’t invest we’d stay dead even, or we’d probably slide,” Bruininks said.
Researchers are expected to move into the building in spring 2013.