UGA Terry Breaks Ground on Final Construction Phase
The Terry College of Business at the University of Georgia is celebrating the rapid expansion of its Business Learning Community, moving into the newest phase of the massive project.
The preceding phase of the complex’s construction took place throughout the summer, and includes two new auditoriums, a capital markets lab, a music business lab, classrooms, and many more facilities. The new ground covers roughly 140,000 gross square feet and was supported by $49 million in state funds and $14 million in private donations.
“These new facilities for the Terry College of Business are a tremendous investment in our state’s future,” Georgia Governor Nathan Deal said at the groundbreaking ceremony. “Our higher education institutions play an important role in the economic development of our state and local communities. The thousands of students who are educated here will become the business leaders of tomorrow, ensuring prosperous days ahead for all Georgians.”
The first phase of the new Business Learning Community was completed in in 2015 and houses the graduate programs at Terry. The $35 million Correll Hall spans 74,000-square-feet and was named for Pete and Ada Lee Correll of Atlanta. Included in the facility is a business innovation lab and graduate commons along with classrooms and project team rooms.
On September 15, the university celebrated the successful completion of Phase I alongside the groundbreaking for the final phase, which will include additional classroom space and offices for faculty and staff. The project is expected to be fully completed by 2019.
“Today we are celebrating more than bricks and mortar—we are celebrating the great partnership between the university, our alumni and friends and the state of Georgia,” said Jere W. Morehead, UGA’s President. “The University of Georgia is grateful for the deep support that exists for our institution and its outstanding Terry College of Business.”
Check out footage of the recently-released Phase II dedication below.