Architects planning visual for new building.
Business School expansion given the thumbs up by Council
The Planning Department at Exeter City Council last night approved an application by the University of Exeter for a new building for its Business School.
The project will cost £18 million and is part of a wider £25 million investment in the School over the next three years.
This expansion will enable the Business School to double its annual turnover to £28 million and will create 60 new jobs at the University. It will also help to safeguard local jobs in the construction industry.
Professor Richard Lamming, Director of the Business School said ‘The Business School is vital to the continued success of the University as a whole and will be a major contributor to its strategic goal of becoming a top ten research-led institution by 2012. We are already the number one Business School in the country for student satisfaction and our research quality places us in the top twenty in the UK. This expansion will allow more students and academics the opportunity of studying and working in a first class environment and will increase the millions of pounds that the Business School already contributes to Exeter’s economy.’
Building work on this project is expected to start in July 2009.
This is one of a number of developments the University will be submitting for planning approval this year, all of which will need to be delivered to a tight but realistic timescale in order to maximise fully the economic benefits to the local economy.
Date: 20 January 2009
