Facility scheduled to open in 2016
LEXINGTON, Ky. (July 10, 2014) — Forcht Bank is one of the latest donors to the University of Kentucky’s Gatton College of Business and Economics. Donors have agreed to pledge $1 million or more to the expansion and renovation of the facility.
Construction will allow for enrollment growth of more than 40 percent and faculty/staff growth to support the additional students, as well as incorporating state-of-the-art technology throughout the building.
Construction is underway with completion of the project slated for spring 2016.
The Gatton College project was approved in 2013 with House Bill 7, which also included a new UK Academic Science Building and improvements to Commonwealth Stadium and football training facilities. Those projects, as well as a new student center, the continued capital construction for UK HealthCare, and the complete revitalization of UK’s residential communities are self-financed without state tax dollars.
Other donors include: BB&T; Central Bank; John H. Dicken, Jr., Memphis; Carol Martin “Bill” Gatton, Bristol, Tenn., whose philanthropic efforts were featured in the March 2012 edition of The Lane Report; Don and Cathy Jacobs, Lexington; Joan Kincaid, Lexington; Howard L. Lewis, Cleveland, Ohio; Roger E. Mick, Brentwood, Tenn.; William E. Seale, Annapolis, Md.; Terry Woodward, Owensboro; PNC Foundation; J.J.B. Hilliard, W.L. Lyons Inc.; Crowe Horwath LLP; Dean Dorton Allen Ford Charitable Foundation Inc.; Mountjoy Chilton Medley LLP; The Valvoline Co.; Ken Towery’s Auto Care of Kentucky; KPMG Peat Marwick Foundation; UBS Inc.; PricewaterhouseCoopers LLP; EY Foundation; The Kroger Co.; Procter & Gamble Co.; Georgia Power Co.; Vincent Fister Inc.; Southern Company Services Inc.; AT&T Corp.; and ExxonMobil Foundation.