Milwaukee-based Versiti, a nonprofit organization specializing in blood health solutions, is planning a $63.5 million, 60,000-square-foot expansion of its Blood Research Institute in Wauwatosa.

The VBRI currently has about 90,000 square feet of space on Watertown Plank Road. A $10 million grant, earmarked within Gov. Tony Evers’ 2023-25 budget proposal, would act as a catalyst for the expansion project, according to Chris Miskel, president and chief executive officer of Versiti.

The funding proposal will be reviewed by both houses of the state Legislature.

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