Construction starts later this month on a $100 million building in Phoenix that will house a new University of Arizona cancer clinic.

The six-story structure will provide space for outpatient services including chemotherapy, radiation oncology, diagnostic imaging and patient support programs. It's expected to open in early 2015.

The project received final approval Thursday from the Arizona Board of Regents.

UA is collaborating with St. Joseph's Hospital and Medical Center/Dignity Health, which will lease space from UA and operate the clinic. The center will be funded by $14 million from Phoenix, about $20 million in private donations and nearly $4 million a year in lease payments from St. Joseph's, which should cover UA's debt repayment costs on $66 million in revenue bonds being issued for the project.