A strategically important building for the College of Business Administration at the University of Missouri–St. Louis is now a reality because of significant contributions by private donors and taxpayers.
Nearly 300 people gathered at UMSL’s Marguerite Ross Barnett Memorial Plaza on Wednesday as Gov. Jay Nixon announced the release of $10 million in state matching funds for the construction of the building.
The allocation will be used as a 50/50 match along with $10 million in private and corporate funds raised by UMSL to construct a new 50,000-square-foot building. The project is expected to begin this fall.
“They did their part, now we’re doing our part,” Nixon said. “This project exemplifies UMSL’s commitment to giving its students the skills and experience they need to compete for the best jobs in the global economy. That means quality instruction, state-of-the-art technology and modern facilities that are conducive to learning and collaboration.”
The building will be constructed northeast of Express Scripts Hall along West Drive and named Anheuser-Busch Hall in honor of a lead $2.5-million gift from Anheuser-Busch Foundation.
“All of us at Anheuser-Busch are honored to be part of the team that’s making this building a reality for the students at UMSL,” said Margarita Flores, vice president for community affairs at Anheuser-Busch. “As the global leader in brewing, our dream is to be the best beer company, bring people together for a better world. And supporting higher education is a big, big part of that dream.”
Reviewed 2015-05-07