FY2026-FY2031 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 renovates 30,245 GSF of Catoctin Hall (Building C) and includes a two-story (28,352 GSF) building addition. Additional academic space will allow for the expansion of workforce development programs and space for innovative collaboration between the institution and business/industry partners. Functions include science and biotechnology labs, an innovation center serving the FCC community and other entrepreneurial initiatives, instructional spaces for STEM programs, offices, a lecture hall, and support spaces. This project will require reconfiguration of Parking Lot 5 and will result in a net loss of parking spaces. A Facility Program Part I and Part II for this project was submitted to the State as required for inclusion in the FY27 State CIP budget request.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031 Costs After

Construction - State's Share 37,135,609 Construction - County's Share 27,224,199

10,072,809 11,748,237 8,344,514 6,970,049

5,137,000

6,117,382 15,969,817

Total Cost:

64,359,808

15,209,809 11,748,237 14,461,896 22,939,866

Funding Schedule:

Project Total

Prior Budget

Categories

2026

2027

2028

2029

2030

2031 Costs After

MD FCC - Capital Project Miscellaneous Revenues General Obligation Bonds

37,135,609 10,860,058 16,364,141 64,359,808

10,072,809 11,748,237 8,344,514 6,970,049

2,100,000 3,037,000

8,760,058

6,117,382 7,209,759

Total Cost:

15,209,809 11,748,237 14,461,896 22,939,866

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