The UI’s planned new pharmacy-building project is moving forward.

The regents’ Property and Facilities Committee decided on Wednesday to recommend proposals for the building to the regents.

The projected budget for the new building is $96.3 million. Plans involve demolishing Quadrangle Hall, built in 1919, and the original pharmacy building, built in 1961; the 1996 tower of the current building will be remodeled.

The new building would be built where Quad is now.

Students, faculty, and officials have all described the present building as cramped and outdated.

The regents will vote on the proposal today.