MTU Board OKs new capital plan
HOUGHTON — Michigan Technological University’s H-STEM Engineering and Health Technologies Complex is on target to begin construction in four years, Chief Financial Officer Susan Kerry said at Tech’s Board of Trustees meeting Friday.
Tech’s Board of Trustees approved submitting its five-year capital outlay plan and the Fiscal Year 2021 capital project request to the state at its quarterly meeting Friday.
The state Legislature gave Tech the go-ahead to begin planning for the $44.7 million facility in 2018. It is now in the design phase following the board’s approval for planning and design in March.
The facility will have about 68,000 feet of new lab space, including shared and flexible space. Plans also call or 47,000 square feet of renovated classrooms and learning space in the Chemical Sciences and Engineering building.
The state will provide $29.7 million for the project, with the rest coming from Tech.
The next phase will be to see approval from the state for the design schematics and a bid package for construction. Those documents will go to the state sometime in late February or early March.
Tech hopes to have approval from the state four or five weeks after that, Kerry said. If so, the project would go to full design and construction in April 2021, with completion in fall 2023.