Lilly Grants to Purdue Include Funding for Construction of New Business School Building

February 11, 2024|

Image Courtesy of Gensler

 

WEST LAFAYETTE, Ind. – Lilly Endowment Inc. has approved grants totaling $100 million to Purdue Research Foundation to support two large-scale Purdue University initiatives: $50 million toward construction of an additional Daniels School of Business building next to the current one, and $50 million toward Purdue Computes, the university’s initiative that supports computing, physical artificial intelligence, semiconductors and quantum.

The university learned about the grants in January 2024.

Lilly’s grant toward construction of the 164,000-square-foot addition to the Mitchell E. Daniels, Jr. School of Business is in recognition of a 40 percent increased in business school applicants compared with five years ago.  The school currently has an enrollment of more than 2,500 business students.

The new business school facility, to be connected to the Krannert Building, will give the Daniels School three buildings, joining Krannert and Jerry S. Rawls Hall. Construction is anticipated to start in July and complete in April 2027. The total estimated project cost of $168 million will financed through gift funds.

San Francisco-based Gensler is the architect.

The new building will be the second-largest classroom building on Purdue’s campus.

 

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