correction 6-26-11: I initially said Texas oil billionaire Ed Bass will donate the Biosphere 2 complex to the University of Arizona next week.
In fact, Biosphere 2 is owned by CDO Ranching and Development Co. which is making the donation of the facilities. Ed's foundation is providing $20 million for operations.
The Tucson Weekly reports:
The UA College of Science will receive 40 acres around Biosphere 2, including a conference center and a collection of casitas.
Bass’ Philecology Foundation will also give the UA a $20 million grant to cover the cost of running the facility in future years, according to UA sources.