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Augusta University Secures $99.8 Million for Research Facility

Exciting new research facility construction at Augusta University.

News Summary

Augusta University has officially received $99.8 million in state funding to construct a new translational research facility. This facility will enhance research capabilities with modern labs and advanced technology. The project aims to position AU as an R1 research university and meet the growing need for additional research spaces. Community support is evident with nearly $30 million already raised in private contributions, potentially creating 45 to 50 million dollars in local jobs. The new facility will focus on critical research areas including Alzheimer’s, stroke care, and cancer immunotherapy, marking a significant advancement for healthcare in Augusta.

Exciting News for Augusta: AU Secures Nearly $100 Million for New Research Facility

In a fantastic turn of events for the city of Augusta, Augusta University (AU) is set to receive an impressive $99.8 million in state funding as part of the amended fiscal year 2025 budget! This incredible boost comes directly from Georgia Governor Brian Kemp and is aimed at building a brand new translational research facility. This facility is not just a building; it represents hope, innovation, and growth for researchers and residents alike!

What’s the Buzz About the New Facility?

The new translational research building at AU is expected to cost a total of $146.2 million. With a sprawling 150,000 square-foot space, this facility will be built on AU’s bustling Health Sciences campus located right in the heart of downtown Augusta. This exciting new venture aims to provide modern lab spaces, state-of-the-art equipment, and an enhanced technology infrastructure that keeps up with the evolving demands of research.

Aiming for the Stars

Augusta University hasn’t set its sights just on completing this project; they’re also aiming to elevate their status to an R1 research university. This prestigious ranking is currently held by only 187 universities across the United States, and it’s a goal the institution is ready to chase head-on! As part of this commitment, it’s worth noting that AU’s Medical College of Georgia (MCG) has climbed the ranks—currently sitting at 64th place in National Institutes of Health (NIH) funding, receiving a staggering $72 million this fiscal year!

Growing Needs = Growing Spaces

With nearly 889,000 square feet of existing research space at AU, approximately 70% of that space is nearing the end of its useful lifespan. To cater to the continued growth and expansion of research, the university anticipates needing an additional 300,000 square feet over the next decade. This new facility will play a key role in meeting those growing needs.

Community Support and Job Creation

It’s heartening to see that the community is already rallying behind this initiative! Augusta University has raised nearly $30 million in private contributions towards this groundbreaking facility, showcasing that the spirit of collaboration is alive and well in Augusta! With this project, the region could also see a boost in the job market—estimates suggest around $45 to $50 million in job creation within the local area.

A Bright Future for Research

The new facility is expected to support critical research areas, including Alzheimer’s disease, stroke care, heart and vascular care, diabetes, cancer immunotherapy, traumatic injury, and even COVID-19 care. This is more than just a building; it’s a cornerstone of future healthcare advancements that could place Augusta, along with MCG, as a healthcare destination for the state and beyond!

Next Steps and Looking Ahead

As it stands, the design phase for this new research building is estimated to take anywhere from 12 to 15 months, followed by an additional 15 months for construction. Exciting times are ahead as the university conducts a search for its next executive vice president for Research and Innovation, who will be crucial in expanding research capacity and enhancing AU’s profile in the academic world.

With so much to look forward to, it’s clear that Augusta is on the brink of remarkable advancements in research and innovation! Keep an eye on this burgeoning project—the future is bright for Augusta University!