AUSTIN - Dallas businessman and UT alumnus Robert B. Rowling and his family donated $25 million to construct a graduate school building for the McCombs School of Business.
Set to open in 2017, the 458,000-sf building will cost about $155 million to construct, of which $58.25 million will come from private gifts.
The University is naming the building Rowling Hall and will build it at the corner of Martin Luther King Jr. Blvd. and Guadalupe St.
Along with housing the business school’s graduate programs, the new building will also expand the AT&T Executive Education and Conference Center’s ability to hosts conferences.
Rowling Hall will also come with a parking garage expected to add 525 parking spaces. UT’s Parking and Transportation Services is paying the $15.5 million construction cost for the parking garage.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.