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CAMBRIDGE (AP) -- The Massachusetts Institute of Technology has announced a $350 million project to expand space on campus to study nanotechnology

The 200,000-square-foot building unveiled today, called MIT.nano, will house state-of-the-art cleanroom, imaging and prototyping facilities supporting research with nanoscale materials and processes -- in fields including energy, health, life sciences, quantum sciences, electronics, and manufacturing.

An estimated 2,000 MIT researchers may ultimately make use of the building.

MIT.nano will house two interconnected floors of cleanroom laboratories containing fabrication spaces and materials growth laboratories, greatly expanding the capacity for research involving components that are measured in billionths of a meter.

The new facility will be built at the heart of campus near the campus' signature great dome.

The building is scheduled to be completed by 2018

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MIT building dedicated to nanotechnology