SIU Prepares For Major Changes To Campus



Southern Illinois University is getting ready for an overhaul of the campus.
 
The University is selling around $30 million dollars worth of “certificates of participation.”
 
Assistant Chancellor Kevin Bame says those work like loans.
 
“We’re borrowing money, but instead of going to a bank, we’re going to the market.”
 
Raymond James Financial is helping the University sell the certificates.
 
Bame says the money will be used to renovate and repurpose buildings like Pulliam Hall.
 
“We looked at space that was still solid, had good bones, and thought we could repurpose that space to get benefits for two programs,” Bame says. “The School of Art and Design had a high need for studio space and faculty space - office space, and the School of Social Work is in the basement of Quigley Hall and was wanting relocation.”
 
The Pulliam renovations will cost around $7.8 million.
 
The relocation of the School of Social Work will pave the way for the School of Architecture to move everything into Quigley Hall. Renovations for Quigley will cost around $1.2 million.
 
Bame says around $5.4 million will be spent repurposing offices in Woody Hall, the building that used to house several student services that are now housed in the new Student Services Building.

“We’re creating a new multicultural center that will house a significant portion of Woody Hall. The Center for International Education will be moving to the former Admissions area of Woody Hall,” Bame says.
 
Bame says the university is also planning to sell $75 million dollars worth of bonds to cover the cost of new student housing in 2015. That process is still in the preliminary stages, but Bame says four, five-story dorm buildings will likely replace the three towers on the east side of campus.

Filed Under :  
Topics : Education
Social :
Locations : Southern Illinois
People : Kevin Bame
On-Air Now
Local Weather
Archive
  Powered By InterTech Media, LLC