Innovation Way is a $300M project whose goal is to transform the modern center of the KU campus into a hub for integrated sciences, student services and learning, residential life and green space. The immense project will be funded by a public/private partnership in which KU will contract with a private entity to finance, design, build operate and maintain the facilities for a 30 year lease period. The construction, maintenance and interest expenses are covered by projected revenues from the facilities. This financing approach avoids dependence on state or bond financing and is the first in the US. Jayhawk Consulting’s economic analysis proved it produces a positive investment return for the university.