Former U.S. Secretary of State Henry Kissinger and former Secretary
of Defense Donald Rumsfeld are just two of the more than 300 donors
across the nation supporting the new L. William Seidman Center. The
center is named for Bill Seidman, founding chair of Grand Valley State
University’s Board of Trustees and former FDIC chair.
Grand Valley will break ground at the future site of the Seidman
College of Business at 38 Front Ave. in downtown Grand Rapids, on May
25 beginning at 5:30 p.m. Remarks begin at 6:15 p.m.
Participants will include Rich DeVos, lead donor and general
chairman of the Grand Valley University Foundation. The generous
philanthropist and founder of Amway first publicly broached the idea
for this building during the memorial tribute to Bill Seidman on Grand
Valley’s campus two years ago.
Grand Rapids Mayor George Heartwell will also be in attendance.
“The city commissioners and I were unanimous in our support for this
project, which will mean so much to our beautiful riverfront and to
the economy of the west side,” said Heartwell. “Grand Valley has made
a significant impact on our city with $200 million spent on the Pew
Grand Rapids Campus facilities in the past 20 years.”
More than $680 million is pumped into West Michigan communities
because of the university’s activities. Grand Valley created 700 trade
and construction jobs and pumped $32 million into the economy because
of construction projects in 2010. More than 10,200 permanent
off-campus jobs in the region exist due to the presence of Grand
Valley’s campuses in those communities. Construction of the Seidman
Center will be a major investment in the downtown Grand Rapids area,
totaling $40 million in land acquisition, site preparation,
construction and infrastructure improvement costs.
Grand
Valley President Thomas J. Haas has noted that during this year of
celebration for the university’s 50th anniversary, the private-public
partnership that Seidman spearheaded to found Grand Valley is a
cornerstone of Grand Valley’s relationship with the region. “The
success of this project is a reflection of the generosity of this
community and the attractiveness of Bill Seidman’s original vision for
Grand Valley and for the business school,” said Haas.
The Seidman Center will support the Seidman College of Business’
growing reputation as the premier business school in the Midwest. It
will also house the Small Business and Technology Development Center,
a federal/state/Grand Valley-sponsored program that creates and
sustains jobs across Michigan.
SEIDMAN COLLEGE OF
BUSINESS
• The Seidman College of Business has experienced
amazing growth. In its 40-year history it has gone from 145 students
to more than 3,300 currently enrolled.
• The college offers an
accelerated, full-time, integrated Master of Business program that has
an innovative curriculum, a paid fellowship, international experience
and a stint in Washington, D.C.
• The college has given Grand
Valley international standing as one of only 173 schools of business
worldwide that have a dual accreditation in both business and
accounting.
• The college attracts an impressive graduate student
population, with GMAT scores that are consistently among the highest
in the state.
• The college is increasingly seen as a premier
business college because of the quality of graduates who fuel the
talent base for West Michigan and beyond.
DESIGN AND CONSTRUCTION
• The designer for the project is
Robert A. Stern Architects, LLP, an internationally recognized firm
known for attention to detail and a commitment to design quality.
• Local firms Integrated Architecture and Pioneer Construction will be
part of the project.
• The building will be Grand Valley’s 16th
LEED-certified building. Grand Valley is nationally recognized for
being a “green college” and the building will contribute to that
reputation by promoting water and energy conservation, recycled and
locally manufactured materials and indoor air quality.
For more information, contact Grand Valley News and Information
Services at (616) 331-2221. For live updates during the ground
breaking, follow News and Information Services on Twitter at @GV_Now.
Ground breaking scheduled for L. William Seidman Center
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