This report, the third in a biennial series, provides a picture of the current situation and recent trends concerning the availability, cost, and condition of research space, capital spending, and sources of support for research facilities at universities and colleges. The survey data are based on both quantitative and qualitative assessments provided by 253 academic research institutions, including 29 historically black colleges and universities. Following an executive summary and an introduction, chapters discuss: (1) trends in the overall amount of research space available in science and engineering disciplines and differences between institutional types and among science/engineering disciplines; (2) costs and square footage associated with repair/renovation and new construction of research facilities for projects initiated in 1986-89 and for planned projects; (3) sources of funds for these projects, emphasizing the differences between public and private institutions; (4) qualitative information, including institution assessments of the condition of their research facilities, the adequacy of the amount of research space, the adequacy of selected infrastructure aspects of facilities, and the amount of deferred repair/renovation; and (5) findings for historically black colleges and universities. Twenty-five tables, 7 charts, and 13 figures graphically support the text. Appendices contain technical notes, a list of sampled institutions, the survey questionnaire, and detailed statistical tables. (JDD)