FY2025 Proposed Capital Improvement Program
Capital Project Summary
Capital Project Number: FC2011
Activity #:
Capital Project Title: Innovation and Technology Center
Region: Frederick
Asset Type: Community College Asset Category: Community College
Year Identified: 2023 Est Completion Date: 6/30/2033
Capital Project Status: Active
Capital Project Description: This project will connect with Catoctin Hall (Building C) and will provide space for creative development of ideas spawned in other FCC courses and by institutional and business partners in the County. Functions Include: Science and Biotechnology labs, an Innovation Center serving the FCC community and other entrepreneurial initiatives, instructional spaces for STEM programs, offices, lecture hall, and support spaces. Academic space to be included in the program will also allow for expansion of Continuing Education/Workforce Development programs that are currently only offered at the Monroe Center facility. This project will require reconfiguration of Parking Lot 5 and will result in a net loss of parking spaces. The pedestrian axis identified in project 1 will be extended to a landscaped plaza planned for this building. Estimated Size: Two Stories, 54,600 GSF
Cash Requirement Schedule:
Project Total
Prior Budget
Categories
2025
2026
2027
2028
2029
2030 Costs After 1,870,912 23,386,400 1,382,848 17,285,600 3,253,760 40,672,000
Construction - State's Share 25,257,312 Construction - County's Share 18,668,448
Total Cost:
43,925,760
Funding Schedule:
Project Total
Prior Budget
Categories
2025
2026
2027
2028
2029
2030 Costs After 1,870,912 23,386,400 1,382,848 17,285,600 3,253,760 40,672,000
MD FCC - Capital Project General Obligation Bonds
25,257,312 18,668,448 43,925,760
Total Cost:
190
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