Rowan-Cabarrus Community College is expected to sign a lease this week with the North Carolina Research Campus and break ground for building at the biotechnology complex in the near future.

College officials estimate that for every Ph.D. or MD position created by the Research Campus, at least five other positions will be created that could be filled by RCCC graduates, according to the Salisbury Post.

RCCC will sign a 20-year lease-to-own agreement with campus developer Castle & Cooke North Carolina for a 62,332 square-foot building, which will house the college’s new biotechnology programs, the newspaper said.

The building is expected to cost $26 million.

For details, see the report.