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Project

Renew/Modernize Facilities

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Project

2018 Series A and Taxable Series B General Receipts Bonds

$222,530,000 Par Amount

2020 Series A and Taxable Series B General Receipts Bonds

$58,525,000 PAR AMOUNT

The University's Renew/Modernize Facilities Capital Project is a multi-phase effort to renew and modernize buildings that make up the core of central campus. By rehabilitating, restoring, and modernizing these facilities, the University can better preserve its heritage, conserve energy, create an environment for more efficient and effective teaching, and attract productive researchers. The project will include modernization efforts on the Chemistry-Physics Building, Frazee Hall, Patterson Office Tower, White Hall Classroom Building, Enoch Grehan Journalism Building as well as other buildings in the core of central campus. 

  • $122M total project cost
    • $60M - Phase I was funded by a portion of the 2018 Series A and Taxable Series B General Receipts Bonds
    • $62M - Phase II was funded by the 2020 Series A and Taxable Series B General Receipts Bonds
  • Preserve and extend useful life of existing buildings
  • Improve utilization of space providing a more flexible array of classrooms to serve our growing student population
  • Manage escalating repair and maintenance costs