The five-story, 175,00-square-foot building will house a patient research center, wet and dry laboratories and teaching areas.
The building will consolidate several hospital offices and laboratories into one facility.
Construction is slated to start early next year.
The University of California Regents approved the plans and funding for the facility Nov. 13.
More articles on facilities management:
Mayo Clinic to open 741-bed hospital in the United Arab Emirates
Dignity Health to build 3-story center in Central California
BayCare to build $200M hospital near rival Florida facility