UA research building to be built in Phoenix

Posted: Updated:

University of Arizona and Phoenix officials say a new biomedical campus research building will be built in the city's downtown.

Mayor Greg Stanton, University of Arizona President Ann Weaver Hart and other officials made the announcement Thursday morning that the new Biosciences Partnership Building will be built pending a vote by the Arizona Board of Regents on June 6.

The school would break ground on the $136 million project by the end of this year.

The project is expected to generate about 500 construction jobs and 360 permanent positions upon being built.

The university's medical school in Phoenix graduated its fourth class on Monday.

The medical school is part of the Phoenix Biomedical Campus, which also includes other health-related units of the UA and Northern Arizona University, as well as the Translational Genomics Research Institute.

Copyright 2014 CBS 5 (KPHO Broadcasting Corporation). All rights reserved. The Associated Press contributed to this report.