UT-Austin Breaks Ground on 17-Story Business School

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

  • Texas K–12 District to Build New Elementary, High Schools

    The High Island Independent School District on the Bolivar Peninsula in Southeast Texas recently announced that construction on a new elementary school and a new high school will begin in January 2026, according to local news. Funding will come from a $27.9-million bond passed in May 2025.

  • New Kent State Academic Building Earns LEED Silver Certification

    Kent State University in Kent, Ohio, recently announced that its newest academic building, Crawford Hall, has earned a LEED Silver certification from the U.S. Green Building Council, according to a news release. The facility was recognized for its innovative design, water conservation technologies, energy-efficient systems, and sustainable construction materials, among other features.

  • Creating Long-Term Sustainability on College Campuses Through Fair Student Housing

    The quality of student housing can have a significant impact on an individual’s college experience. Today’s higher education institutions face mounting challenges, including declining enrollment, low retention rates between the first and second years, and a rise in student mental health concerns. Thoughtfully designed living spaces can help address these issues by creating environments that promote both academic focus and personal well-being.

  • Tennant Company Launches Autonomous Floor Scrubber

    Cleaning equipment and solutions provider Tennant Company recently launched the new X6 ROVR, a mid-sized robotic scrubber designed for large commercial and light-industrial environments, according to a news release. The autonomous machine can clean up to 75,000 square feet peer cycle with minimal needs for manual assistance.

Digital Edition