BALTIMORE — The University of Maryland BioPark in West Baltimore will break ground this fall on a $320 million project that would bring more laboratory and office space to the area.

UMB announced today that the first phase will be an eight-story, 250,000-square-foot building at the intersection of MLK Boulevard and Baltimore Street.

The building, called "4MLK," is being built by Wexford Science & Technology, LLC, will also feature a public plaza and "activated streetscape with retail and food and beverage venues along Baltimore Street and MLK Blvd."

Read the full story from WMAR.