GVSU has another building project coming
Grand Valley State University announced last week that it will build a new science lab, classroom and office building on the Allendale campus. GVSU released the news after Gov. Rick Snyder signed a capital outlay bill that provides state funds for the project and allows the school to sell bonds for the structure’s construction.
The building was the university’s top priority for funding. The state will contribute $30 million to the $55 million facility, and GVSU will take its A+ Standard and Poor’s credit rating to the bond market for the remaining $25 million.
“We’re committed to supplying the state with the talent it needs for its future prosperity. The new labs and classrooms will expand our capabilities in educating students interested in pursuing fields in the STEM and medical professions. The state is bolstering our own investment, and students and the entire state will ultimately benefit,” said GVSU President Thomas Haas in a statement.
Students enrolled in the science, technology, engineering and mathematics programs will use the 145,000-square-foot facility. Construction will begin next year and finish in fall 2015.
GVSU estimates the building project will create 950 temporary jobs.