In 2013, a committee was formed to begin discussing a complete renovation and expansion of the existing 173,000 square foot Glass Hall, home to the College of Business. The focus of the design is enhancing student success and will include an addition of 37,000 square feet to house the aptly named College of Business Student Success Center.
Included in the renovation and expansion will be technology updates, as well as hands-on learning labs such as a mock advertising agency and a financial trading lab, new study rooms that can double as interview space when employers visit campus, executive classrooms, meeting rooms, and a new facility for career services and advisement.
To help pay for the project, over $5 million in private funds have been pledged and that amount is expected to grow. The funds will come not only from private donations, but also bonds and other university funds. Here is the breakdown:
- $16.2 million in bonds, issued through the Missouri Health and Educational Facilities Authority that the university will pay back over 25 years.
- $5 million in dedicated funds from the College of Business. Three years ago the Board of Governors approved a program-specific fee for business students, with proceeds going to support this project. Much of the $5 million is from accumulated student fees dedicated to this project.
- The remaining money will come from private donations and other university funding.
The university will hold a groundbreaking ceremony on Thursday, October 15 at 10:30 a.m. on the east side of Glass Hall. We hope that you will join us for this event. More details will be available on the University website closer to the event date. If you have any questions please call the COB Dean’s Office at 417-836-5646.
We look forward to completion of this transformational project!