The University of Delaware announced that it will begin another construction project to expand its Science, Technology, and Advanced Research (STAR) Campus.
The university will construct a 100,000-square-foot financial services technology (fintech) building, which will become a collaborative space for Delaware Technology Park startups and students of the university’s business and engineering schools.
“Combining our expertise and resources in these complementary fields will yield exciting opportunities for our students and faculty with meaningful impact on society,” University of Delaware President Dennis Assanis said in a statement.
The $38 million fintech building is expected to open in 2021.
Just six years ago, the University of Delaware invested in the 272-acre land south of its campus that is now known as the STAR Campus. This research center has had tremendous value for innovation, research, and academics alike, and the Greater Philadelphia region.