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

  • Building Beyond Simulation: Creating Immersive Ecosystems for Healthcare Education

    Health sciences education is one of the fastest-growing facility types in colleges and universities. The demand for medical, nursing, and allied health professionals is driving the creation and renovation of medical simulation training facilities that provide students with real-world experience through advanced simulation-based learning.

  • Tennessee Middle School Completes Health, Life Safety Renovations

    The Giles County Board of Education in Pulaski, Tenn., recently announced that a series of renovation projects has been completed at Bridgeforth Middle School, according to a news release. The district partnered with Wold Architects & Engineers and Brindley Construction to modernize building systems at one of the district’s oldest schools.

  • Amazon Expands Lockers to More Than 500 College, University Campuses

    Amazon recently announced that its Locker Network now totals more than 750 locations at more than 500 college and university campuses around the United States, according to a company news release.

  • University of Pennsylvania Releases Design of Future Physical Sciences Building

    The University of Pennsylvania (Penn) in Philadelphia, Penn., recently released renderings of an upcoming 350,000-square-foot Physical Sciences Building, according to news release. The facility was designed by CO Architects and will unite the university’s departments of Physics and Astronomy, Mathematics, and Earth and Environmental Science.