Jindal OKs LSU business college complex funds
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Gov. Bobby Jindal authorized the construction of LSU’s $60 million E.J. Ourso College of Business complex today, with an announcement that $30 million in the state’s capital outlay system would be released for the project.
LSU is raising $30 million privately to match the state capital outlay funds. Of the state’s match, Jindal said $24 million would be moved to the state’s top priority level, making it available for the construction process.
The state funds would be tapped late this year, with the remaining $6 million available the following fiscal year. The 156,000-square-foot complex will consist of four buildings with a quadrangle next to Patrick Taylor Hall, formerly the CEBA building.
Construction will take two years.
“The Business Education Complex at LSU will help transform business education,” LSU’s business dean, Eli Jones, said in a news release. “It will be a beacon of hope, entrepreneurship, economic development and cutting-edge business education and research, and the best part is it will be in the great state of Louisiana.”
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