The School of Engineering received gifts totaling $44 million, signaling the beginning of a $160 million campaign to expand the school, the University announced Wednesday morning.
New engineering facilities will also be built adjacent to Barus and Holley, where the school is currently housed, said Marisa Quinn, vice president for public affairs and University relations, at a press conference Wednesday.
No new facilities for the school will be built in the Jewelry District, a location the University had previously considered for expanding the School of Engineering.
Theresia Gouw ’90, a Corporation fellow, and Corporation trustee Charles Giancarlo ’79 and his wife, Dianne Giancarlo, donated $35 million. Anonymous donors contributed $9 million, according to a University press release.
“We believe the best place for (expansion) is on College Hill next to adjacent facilities,” Quinn said.
Dean of Engineering Larry Larson said the University is committed to fostering local economic partnerships in developing the engineering program.
Over the next decade, the University hopes to expand and redesign how the school’s building is used, increase the number of faculty members from 45 to 60 and increase the number graduate students by 50 percent, Larson said.
The University hopes to raise the $160 million for the School of Engineering before launching a broader capital campaign, Quinn said.