LINCOLN — After receiving gifts and pledges totaling more than one-fourth of the project's cost, the University of Nebraska-Lincoln is moving forward with an $84 million project to build new quarters for its College of Business Administration.
The Board of Regents last week approved the selection of Robert A.M. Stern Architects of New York and Alley Poyner Macchietto Architecture of Nebraska as the building's architects.
Those who have contributed or pledged major gifts toward the building include Howard and Rhonda Hawks of Omaha; Peter and Nancy Salter of Phoenix; Glenn Korff of Boulder, Colo.; Kenneth Korff of Tucson, Ariz.; Union Bank & Trust Co. of Lincoln; and Nelnet Inc. of Lincoln.
A spokesman for the NU Foundation said an exact amount of funds raised would not be released until the gifts are final.
Howard Hawks is an Omaha businessman who serves on the Board of Regents. He is a 1957 alumnus of the College of Business Administration.
The Salter gift honors Nancy Salter's father, Arthur Henrickson, a 1940 alumnus. The Korffs' gift is in honor of their father, Paul W. Korff, a 1933 alumnus of the college.
Donde Plowman, dean of the College of Business Administration, said she was grateful for the donors' generosity.
“We are off to a tremendous start in achieving our goal of building a state-of-the-art facility,” she said.
The new building is planned for 14th and Vine Streets, just north of the Kauffman Academic Residential Center and near Memorial Stadium. Campus planners are considering establishing a new green space linking the business college with the stadium.
Construction won't begin before commitments for all funding are in place and NU President J.B. Milliken gives the go-ahead. The building will be completely financed through private gifts.
Plowman has said the building would help the college grow from its current 3,514 students to 5,000 students, as part of Chancellor Harvey Perlman's goal to increase total UNL enrollment to 30,000 students by 2017.
Fundraising for the building is part of the NU Foundation's Campaign for Nebraska, a drive that's raised more than $1.2 billion for university priorities and projects.
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