UNLV Approaching Funding Goal for New Business Building

UNLV Interim President Chris Heavy at State of the University address in April, pointing at a rendering of the new UNLV business building.
UNLV Interim President Chris Heavy at State of the University address in April. Credit: Steve Marcus/Las Vegas Sun

The UNLV Business Building expansion is moving forward after revising its price tag to $180M.

According to BEX records, the project was previously expected to cost $134M. Carpenter Sellers Del Gatto Architects is the design firm, and CORE Construction is the general contractor. This project previously appeared in a subscriber-exclusive NVBEX article.

The new building is expected to be the largest academic unit on the campus at 130.7KSF. It will contain a view of the Strip, several common areas, lecture halls, classrooms and research laboratories.

The University of Nevada, Las Vegas is currently looking at funding options to match state backing for the four-story building. Currently, the State of Nevada and the University have pledged $75M. UNLV plans to raise an additional $60M in private funding by summer 2027.

The school launched a program to secure naming rights for departments, classrooms, tech labs and study spaces, which has secured $8.4M in pledges and gift agreements.

The current business school is housed in Frank and Estella Beam Hall, which was built in 1983. Once the new building is constructed, the old one will be repurposed.

As things are currently planned, UNLV expects to break ground toward the end of 2027 or beginning of 2028.

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