It’s becoming a must-do if a university hopes to achieve prominence in teaching future business students. Innovation Hubs are popping up at a number of colleges throughout the country, and The University of Houston wants to join the battle. The University of Houston is set to break ground in the fall on a new 70,000-square-foot, high-tech Innovation Hub. The pricetag for the project is $52 million.

The Houston Business Journal reports the the intention is to have a place that will enhance and improve a student’s ability to be creative. The hub will house the Cyvia and Melvyn Wolff Center for Entrepreneurship, the Energy Transition Institute, innovation programs, and Presidential Frontier Faculty labs and offices. The building is projected to open in spring 2025 and will be adjacent to the M.D. Anderson Library on UH’s main campus.

The college says The Wolff Center gives students a deep immersion into innovation and entrepreneurship, building business plans around clever ideas in different sectors from service to hard tech.