On March 2, Calvin University held a groundbreaking ceremony for its new School of Business building. The ceremony was livestreamed at the future site of the new building, just south of the DeVos Communication Center.
The establishment of the new school was announced in spring 2020 following a $22.25 million gift, the largest single gift in the institution’s history.
The cost of the building project is about $10.25 million, which includes the construction of the 15,000-square-foot building that will house new offices, modern classrooms, contemporary breakout spaces,and large gathering areas. Funding to improve shared spaces in the existing DeVos Communication Center, which will connect to the School of Business, are also included in the construction cost.
The remaining funding from the $22.25 million gift will provide significant endowment funds that will be used to support the new dean of the School of Business and business faculty. The purpose of the endowment is to serve as a catalyst for a number of new academic programs intended to serve new populations of students at Calvin.
GDK Construction is managing the project, which will commence in spring 2021 and is scheduled to be completed by mid-summer 2022.
Calvin University School of Business :: Groundbreaking from Calvin University on Vimeo.