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The Carnegie Institution of Washington, the University of Arizona (Tucson), and the Johns Hopkins University (Baltimore, Md.) recently signed an agreement to join in a project to build and operate an 8-m telescope at Las Campanas, Chile. Plans call for the telescope to make observations in the optical, infrared, submillimeter, and millimeter wavelengths. The cost of constructing the telescope is expected to be between $25 and $30 million in 1985 dollars by the time of its planned completion in the early 1990s.

Carnegie Institution already operates two telescopes at Las Campanas. The location offers a dark nighttime sky, a stable and dry atmosphere, and an excellent latitude for observations from the Southern Hemisphere, according to an announcement from the Carnegie Institution.