New $220 million MU Research building set to be built by 2021

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COLUMBIA- A new MU Research building is set to be built by October 2021, after the MU Board of Curators decided to move forward with the plans.

Elizabeth Loboa, Vice Chancellor for Strategic Partnerships and Dean of the College of Engineering, said the complex will "address critical needs in cancer, neurological disorders and vascular health got really do cutting edge research."

The projected cost of the Translational Precision Medicine Complex is about $220 million. 

Funding will come from the UM System, partnerships and philanthropy. According to Loboa, they hope to get the state involved too. 

She said the complex will bring new jobs to the area and give opportunities to current MU faculty.  

Several MU hospital employees were unaware of the new medical building plans.

One employee wondered how the complex would impact parking in the area. 

"I'm not sure how they'll work that out. Hopefully they'll come up with another solution to have extra parking," said Errick Kecead.

The complex is set to be built on the corner of Hospital Drive and Virginia Avenue.

If everything goes as planned, construction will begin next summer.