New Business Building

September 22, 2016

UT Tyler Office of Marketing and Communications

UT Tyler Breaks Ground on New Business Building

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September 22, 2016

Media Contact:  Hannah Buchanan
Editor/Writer–Strategic Communications & Media Relations
Marketing and Communications
The University of Texas at Tyler
903.539.7196 (cell)

The University of Texas at Tyler will soon begin construction on the future home of the UT Tyler College of Business and Technology, President Rodney H. Mabry announced.

The four-story 140,000 square-foot building is expected to be completed June 2018.

UT Tyler's upcoming $56 million Business Building is part of a larger project that will include an adjacent parking garage, adding roughly 400 parking spaces, as well as renovations to the current Business Building, which will become the new home of the College of Arts and Sciences.

"The expansion of the College of Business and Technology and College of Arts and Sciences at UT Tyler is in line with the university's vision of becoming nationally recognized as a destination university for high-ability, flagship-capable students," said William O'Donnell, vice president for business affairs. "The addition of the new Business Building will help the university to attain the goal of 14,000 students by 2020."

The new building will feature student meeting places, classrooms and specialized experimental labs, as well as faculty offices, a courtyard, specialized landscaping and a second floor terrace.

The UT Tyler College of Business and Technology not only provides students with an invaluable education, it also provides valuable experience through its research centers, labs, student organizations and external internships.

"The new facility will allow us to continue our vision of building distinction as we educate new generations of business professionals," said Dr. James Lumpkin, college dean. "For the first time ever, the college will be located in a single space. This will build a stronger environment for our students to learn and collaborate with faculty."

The College of Business and Technology currently serves more than 2,600 students. It is comprised of five departments and the School of Technology. To support its academic programs, the college also has two labs and six outreach centers. For more information, visit uttyler.edu/soules-college-of-business.

One of the 14 campuses of the UT System, UT Tyler features excellence in teaching, research, artistic performance and community service. More than 80 undergraduate and graduate degrees are available at UT Tyler, which has an enrollment of almost 10,000 high-ability students. UT Tyler offers courses at its campuses in Tyler, Longview and Palestine as well as a location in Houston.

New Home for CBT: UT Tyler's upcoming $56 million Business Building is part of a larger project that will include an adjacent parking garage as well as renovations to the current Business Building. The new 140,000 square-foot building is expected to be completed June 2018.