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