The University of Minnesota Board of Regents unanimously approved a request for $193.3 million for new building projects and renovations.
A total budget of $240 million will be available once the University puts in its own $46.7 million.
The plan is that $100 million would go toward maintenance and improvements of existing buildings, while $80 million would be put into new physics and nanotechnology research centers. Folwell hall was also said to be in line for a face lift, according to the Minneapolis St. Paul Business Journal.
An additional $10 million is marked for an American Indian Learning Resource Center at the Duluth campus and there will be $5.5 million set aside for improvements to the Itasca Biological Station, according to KARE 11 news.