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

  • Sam Houston State University Completes Athletic Stadium Renovations

    Sam Houston State University in Huntsville, Texas, recently announced the reopening of Elliott T. Bowers Stadium after an extensive renovation project, according to a news release. The university partnered with Stantec and DLR Group for the project’s design.

  • Health & Science Building

    Health & Science Building

    Established in 1999, the Education Design Showcase is a vehicle for showing off innovative — yet practical — solutions in planning, design, architecture, and construction. The College of Western Idaho's Health & Science Building has been recognized with an EDS 2026 Project of Distinction award in the category of New Construction.

  • Planning with Clarity: Using AI to Make Better Campus Decisions, Not Just Better Designs

    Higher education leaders are being asked to make increasingly high-stakes decisions about campus facilities amid greater uncertainty than ever before. Social and economic pressures, shifting enrollment, and evolving learning models compete with growing deferred maintenance needs to strain even the most robust infrastructure budgets.

  • Can AI Help Build Stronger Communities in Student Housing?

    Student housing success is shifting from operational performance to student experience, with belonging now at the center. A recent 2025 report underscores a growing emphasis on student well-being, community, and engagement, signaling that expectations now extend beyond logistics to ensure students feel supported in their living environments. AI is enabling that shift by reducing administrative workload and giving teams more time to focus on meaningful student engagement.