Skip to main content
Add as a preferred source on Google

UNC-Chapel Hill Breaks Ground on New Business School

  • By Matt Jones
  • 10/06/22

The University of North Carolina at Chapel Hill, located in Chapel Hill, N.C., recently broke ground on a new $150-million business school. The future Steven D. Bell Hall will play home to the Kenan-Flagler Business School to modernize its facilities and allow the school to accommodate about 50% more undergraduate students, according to university news.

Student media reports that about $75 million in funds are coming from the North Carolina General Assembly and the other $75 million from private funding. The building’s namesake, Steven D. Bell, and his wife, Jackie Bell, have pledged $25 million toward the building’s construction.

“In life, few people have the opportunity to influence thousands of young people,” said Bell. “I am honored and humbled to be able to help double the size of the Undergraduate Business Program. These young entrepreneurs will make North Carolina a strong and more productive place for all of us to live and work.”

The new facility will feature adaptable classrooms that allow for a variety of layouts based on teaching styles and the needs of a particular class. Installed technology will allow for both hybrid and online classes. The building will feature a four-story interior atrium and a tiered, 50-seat outdoor teaching space, according to university news.

Sustainability efforts will include use of solar panels, open-air terraces and large windows. The building is set to meet LEED Gold standards and will target meeting LEED Platinum standards, as well.

“The new, state-of-the-art building will advance our critical mission and expand our impact,” said Chancellor Kevin M. Guskiewicz at the groundbreaking ceremony. “This building will enable us to teach and train more students and leaders for the future. This space will strengthen our culture of collaboration and help build our community together.”

University news reports that construction is scheduled to take a little more than two years.

About the Author

Matt Jones is senior editor of Spaces4Learning. He can be reached at [email protected].

Featured

  • Little Grand Market

    Designing for Belonging: Why Student Wellness Starts with Space

    From walkable site planning to flexible interiors, intentional design choices play a critical role in how students experience comfort, connection, and community.

  • Zurn Elkay Releases 2025 Sustainability Report

    Zurn Elkay Water Solutions recently announced the release of its annual sustainability report, according to a news release. The 2025 report discusses the organization’s efforts to maintain good environmental stewardship and the solutions provided in helping customers meet sustainability goals.

  • Miami University Approves New $242M Multipurpose Arena

    Miami University in Oxford, Ohio, recently announced that its Board of Trustees has approved construction of a new multipurpose arena at Cook Field, according to university news. The $242-million project will serve as a new centralized hub for student life and create space for economic development on campus.

  • Houston K–12 District Opens New Elementary School

    The Lamar Consolidated Independent School District (Lamar CISD) recently announced the completion of a new elementary school in a western suburb of Houston, Texas, according to a news release. Haygood Elementary School measures in at 110,000 square feet, has the capacity for 854 students, and is the first of three new schools scheduled to be built in the Cross Creek West community.