SCHENECTADY, N.Y. (NEWS10) – Union College made a major announcement of a $100 million expansion project to transform the science and engineering complex.

Union is calling this its most ambitious and largest investment in the school’s history. Once finished, the school hopes it will rank among the finest undergrad facilities in the country.

It’ll be paid for through a combination of fundraising, reserves and debt financing.

Once it’s finished, the facility will house state of the art laboratories, classrooms, learning spaces and research facilities.

The hope is with an open, visual facility, it will be a big draw for students.

“We think what that will do is magnetize the stem fields in ways that will draw students in. When prospective students walk through this building, they’ll see the excitement of the STEM fields but they’ll also see themselves doing STEM kinds of things,” Stephen Ainlay, President of Union College, said.

The transformation is expected to take two years but it still needs to be approved by the Schenectady Planning Board.