The University of San Diego is poised to announce a major donation designed to help fund a construction and renovation project for its School of Business.
USD officials said the School of Business Complex announcement will be made Thursday, but did not immediately identify the donor or the size of the gift.
The project involves construction of an 80,000-square-foot building and upgrades to Olin Hall, the existing 48,000 square-foot home for the business program. The project will nearly triple the school’s current footprint and bring into one location all of the school’s academic programs, centers and institutes, according to USD.
Classes for around 640 business students are now held in multiple campus locations.
The donation will be the second large gift bestowed on an area business school in a little over a year.
In October 2016, Padres Executive Chairman Ron Fowler donated $25 million to the business school at San Diego State University. The longtime area businessman has also supported various USD projects, including construction of a new baseball stadium.
USD’s planned news conference to unveil the donation will be the third major announcement this week by a local university.
UC San Diego announced Monday it will soon begin the transition of its athletics program to Division I status and join the Big West conference — a move expected to heighten visibility for one of the nation’s top academic institutions.
On Wednesday, San Diego State University is scheduled to announce details of its plan for the Qualcomm Stadium site in the event it gains the right to expand onto the Mission Valley property.
–City News Service
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