Public-private partnership funds new building for Radford University’s business school
- March 26, 2010
A public-private partnership is building a new home for the College of Business and Economics at Radford University. Construction is scheduled to start in May on a $44.3 million, 110,000-square-foot building.
The planned completion date is fall of 2012, when Radford’s business school will move out of its current home in Whitt Hall. The state is investing $34 million in the project and RU must raise the remaining $10 million. The school already has received a $150,000 challenge grant from the Mary Morton Parsons Foundation of Richmond. The new headquarters building is part of RU’s ongoing $211 million capital expansion plan
The facility will offer the latest in educational technology and financial research capabilities. Architects on the project are Glave & Holmes of Richmond and Ayers/Saint/Gross, which has offices in Maryland, Washington, D.C., and Arizona.