$425 million expansion at UT McCombs School of Business in Austin moves ahead

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The $425 million development of Mulva Hall at the University of Texas at Austin McCombs School of Business will catalyze the creation of what the university...

Miriam and James J. Mulva Hall will span 373,000 square feet and be positioned between the University of Texas at Austin McCombs School of Business' Robert B. Rowling Hall and the AT&T Hotel and Conference Center.will catalyze the creation of what the university has dubbed a “business neighborhood,” with about 25% of the school’s student body set to take classes in the forthcoming facility.

Mulva Hall, set to be the first academic building along University Avenue, will offer views of the State Capital, UT Tower and the campus’ original 40 acres. Pending approval by the UT Systems Board of Regents, the university plans to break ground later this year. It is slated to open in August 2028.Miriam and Jim Mulva, who transferred to UT and earned a bachelor’s and MBA from the school, donated $40 million to kick-start the project in 2014. Funding for the new building was approved by the board of regents in 2023.

$50 million stems from McCombs reserves, another $225 million is being financed by UT and $125 million coming from donors.A local developer hopes to transform the former Oak Cliff United Methodist Church at Jefferson Boulevard and Marsalis Avenue into, well, something else.Construction has hit a key milestone for the first apartments within the Arlington Entertainment District next door to the home of the Texas Rangers and nearby AT&T Stadium, where the Dallas Cowboys play.

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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