Kansas University is seeking approval from the Kansas Board of Regents and the Legislature to increase the cost for a second building on its Edwards Campus in Overland Park, officials said Thursday.
Original estimates pegged the cost of the proposed 55,000 square-foot building at $13.2 million.
But that estimate is nearly 9 years old, according to Edwards Campus vice chancellor Bob Clark.
Because of inflation and some architectural changes, Clark said, the building will cost about $17.8 million.
The matter will be considered by the regents Thursday.
Clark said KU will finance the building through a $5 million gift from the Hall Family Foundation, which was started by Hallmark Cards founder Joyce C. Hall, and proceeds from the sale of revenue bonds. But KU officials still are searching for about $4 million in donations to finish the project, he said.
Clark said he hoped groundbreaking for the building would be in July or August and anticipated construction would take about 18 months. If plans proceed as he hopes, Clark said classes could be held in the building in early-to-mid-2003.
With its current enrollment of about 2,100 students, the Edwards Campus is filled to capacity and growing, he said.
The proposed building will include 24 classrooms, a 240-seat auditorium and faculty offices.
The long-range campus plan calls for $70 million of expansion in a 10-year-period to accommodate 5,300 students.