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2nd Business Building approved


RunInRed

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Nearly 50 years after its founding as a school of business and 25 years after its move into Lowder Hall, Auburn University’s Raymond J. Harbert College of Business will have a second home.

A $15 million commitment from 1982 alumnus Raymond J. Harbert, matched by $15 million from Auburn University, will fund the construction of a second business building on Auburn’s campus. Lowder Hall will remain the administrative hub of the Harbert College, but the as yet unnamed second facility will accommodate needs that did not exist when the original business building opened in 1992. Auburn University’s Board of Trustees approved the project during its Friday morning meeting at the Edward Via College of Osteopathic Medicine.

“We are incredibly grateful to Raymond and Kathryn Harbert for their very significant ongoing philanthropic investment in Auburn University,” said Jane DiFolco Parker, vice president for development and president of the Auburn University Foundation. “Their generosity has created tremendous opportunities for the Harbert College of Business and this recent gift will advance its position as one of the nation’s premier business schools.”

The planned building will feature approximately 80,000-square feet of classroom and meeting space and will enable the college to accommodate new methods of delivering education and adjust for growth in enrollment, which has risen 40 percent in the last five years. The second building will add to the vision for a “business campus” at the corner of Magnolia Avenue and Donahue Drive.

“We’re excited about the possibilities presented by this facility,” Harbert College of Business Dean and Wells Fargo Professor Bill Hardgrave said. “It will enable us to address needs for flexible learning and meeting spaces and continue to innovate how we deliver a high quality business education.”

Plans for the five-story building include several adaptable classroom spaces, an auditorium, an “ideation lab,” breakout rooms for collaborative projects, an executive board room and a rooftop terrace. Hardgrave said the new building will offer undergraduate and graduate students ample space to “exert their creative energies.”

The bid process for the construction project will open in early 2017 with a groundbreaking slated for spring 2017 to coincide with the 50-year anniversary of the college. The building should be completed in time for fall 2018 classes.  The college will explore naming opportunities for classrooms and other spaces.

- See more at: http://harbert.auburn.edu/news/15-million-gift-clears-way-for-Auburn-Universitys-second-business-building.php#sthash.gLHVPQLx.VlHy0B6M.dpuf

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Nice addition! Is the AU b-school doing anything in the way of entrepreneurship collaborations with the Ginn School? That has gotten to be a thing in academia lately, after George Kozmetzsky started the trend for public U's at the U of Texas nearly 40 years ago. Took a long time to spread, but his philosophy of universities being "engines of wealth creation through new technologies" has really caught on lately. 

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