The park, which would also be a businessincubator facility,could cost up to $40 million, andwould likely be located on a13-acre site near theUniversity's main campus in Minneapolis.
The project,which is tentatively calledMinneapolis-UniversityResearch and Technology Park, would beapublic-private effort in which the city, with the helpof state andfederal money, would buy the land andline up anchor tenants.
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