UNT has been given the green light to use tuition revenue bonds to build a 167,700-square-foot research facility to provide an additional state-of-the-art space for faculty and student researchers to carry out solutions-based research.
The construction project is possible thanks to Texas' 87th Legislature, which authorized UNT for $113.4 million in tuition revenue bonds. With legislative approval, universities are allowed to sell tuition revenue bonds to fund construction of needed future facilities.
"For our university to continue its incredible momentum, we must provide a more modern space to accommodate the cutting-edge research taking place at UNT," President Neal Smatresk says. "Adding this new facility will ensure we are able to meet our growing demands so our faculty can continue their research collaborations to help move society forward."