We describe the design concepts for a potential future source of femtosecond x-ray pulses based on synchrotron radiation production in a recirculating electron linac. Using harmonic cascade free-electron lasers (FEL's) and spontaneous emission in short-period, narrow-gap insertion devices, a broad range of photon energies are available with tunability from EUV to hard x-ray regimes. Photon pulse durations are controllable and range from 10 fs to 200 fs, with fluxes 107-1012 photons per pulse. Full spatial and temporal coherence is obtained for EUV and soft X-rays. A fiber laser master oscillator and stabilized timing distribution scheme are proposed to synchronize accelerator rf systems and multiple lasers throughout the facility, allowing timing synchronization between sample excitation and X-ray probe of approximately 20-50 fs.