Skip to main content
Add as a preferred source on Google

UT-Austin Breaks Ground on 17-Story Business School

  • By Matt Jones
  • 05/01/25

The University of Texas at Austin recently broke ground on a new, 17-story facility that will serve as the new home for the school’s McCombs School of Business, according to university news. The groundbreaking ceremony took place on April 10 for Mulva Hall, which will include amenities like classrooms, academic department suites, research centers, faculty offices, the dean’s office, and gathering spaces. The building is scheduled to open to students in fall 2028.

According to university news, the 373,000-square-foot facility will cost about $425 million. It will feature 29 classrooms; a collaborative learning auditorium that seats 200; three specialty education labs; and a central office tower housing the dean’s suite, administrative space, and faculty offices. The university partnered with Perkins&Will for the project’s design.

Rendering courtesy of Perkins&Will

“This is not just the start of a construction project but a new chapter in the history of the McCombs School of Business,” said Vandana Nayak, managing director of Perkins&Will’s Dallas Studio. “Perkins&Will’s design will transform the experience of students who come to McCombs, with a goal of shaping the world of business. We hope Mulva Hall becomes a landmark not just on the campus but in the lives it will touch.”

Funding comes from a combination of $50 from the McCombs reserves, $150 million from McCombs donors, and $225 million financed by the university, according to university news.

“In this strategic location, Mulva Hall will both amplify McCombs’ robust spirit of community and invite collaboration with Austin’s booming business ecosystem,” said McCombs Dean Lillian Mills. “By creating this ‘business neighborhood’ at UT, we’re deepening our connections with each other, opening our offerings to the greater Austin business community, and exponentially increasing our ability to create and share the knowledge that will change the world.”

About the Author

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

Featured

  • Benson Polytechnic High School in Portland, OR

    Preserving Legacy, Designing for the Future

    As historic academic buildings age, institutions face a difficult decision: preserve and adapt or demolish and rebuild. How do we honor the legacy of these spaces while adapting them to meet the needs of modern learners?

  • UNL Kiewit Hall

    Designing for Engineering Excellence: Integrating Sustainability and Wellness at UNLs Kiewit Hall

    Kiewit Hall at the University of Nebraska-Lincoln exemplifies how academic institutions can integrate sustainability and wellness into modern learning environments. With an integrated and collaborative team approach, Kiewit Hall addresses enhanced learning and creativity, physical health, and mental wellness, and fosters a sense of community through innovative design, operations, and policy solutions.

  • Different Starting Points, Same End Goal

    Higher education campuses can enhance student experience by implementing mobile credentials to streamline building access, on-campus payments, and access to other amenities. This enables students to connect to their campuses through the technology they use most: their mobile devices.

  • Illinois State University Breaks Ground on College of Fine Arts Transformation

    Illinois State University in Normal, Ill., recently held a groundbreaking ceremony for the Wonsook Kim College of Fine Arts transformation project, according to university news. The series of new constructions and renovations will upgrade spaces in Centennial East, the Center for the Visual Arts, and the Center for the Performing Arts, as well as replace the existing Centennial West facility with a new Commons Building.

Digital Edition