Laurentian University's school of architecture in Sudbury received a $5 million boost Friday from the federal government.

FedNor Minister Tony Clement made the announcement, saying the project will help revitalize the downtown area and create new business opportunities throughout the region.

"The investment will ... deliver long-term economic results by promoting and encouraging  the use of northern Ontario wood products as part of the curriculum," Clement said at the press conference held in Sudbury.

The school will be located at the current Market Square location, at the corner of Elm and Elgin Streets.

Students will start attending classes there in the fall of 2013. By 2018, the school will accommodate about 400 students, in addition to 40 faculty and staff.