LEXINGTON, Ky. (AP) - The University of Kentucky has broken ground on a $15 million facility that will help high-tech startup businesses grow.
The new project at the Coldstream Research Campus will offer young companies office and laboratory space to develop, the university said in a release.
“This space will create new opportunities for businesses to establish themselves here in Kentucky, create jobs and contribute to economic growth,” University of Kentucky President Eli Capilouto said.
The new 40,000-square foot facility will be named The Core, or Collaboration. Research. Entrepreneurship. The university said the Woodbury Corporation is building the facility as part of the public-private partnership.
The project is scheduled to be finished in early 2022.
Please read our comment policy before commenting.