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Banking company BB&T Corporation contributed $1 million yesterday toward the construction of UCF’s downtown campus, according to a press release.

The contribution will go toward the construction of the campus’ $60 million academic services building, a 165,000-square-foot facility which, together with the renovated Center for Emerging Media, will house around 7,700 students. Of this funding, $20 million will come from UCF, $20 million from the state and $20 million from private donors.

Private donors have contributed $17 million thus far. Previous donations include three separate $1.5 million donations from Florida Hospital, CFE Federal Credit Union and the Orlando Magic basketball team; $3 million each from the Dr. Phillips Charities and Orange County; and $2 million from Valencia College. Several other community partners have also contributed.

“As part of our mission, BB&T strives to make the communities in which we work better places to live, and as a corporate citizen BB&T has a strong track record of supporting its local groups and institutions,” said Tony Coley, BB&T Central Florida regional president, in a press release. “We are proud to work with and support the University of Central Florida, and very excited about the positive impact our contribution will bring.”

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Bernard Wilchusky is the Editor-in-Chief of the Central Florida Future. You can reach him by email at bernardw@centralfloridafuture.com or on Twitter @cameradudeman.

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