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Washington U gets $25 million in donations

Washington U gets $25 million in donations

November 20th, 2011 in News

ST. LOUIS (AP) - Washington University has received two gifts totaling $25 million to support construction of two new business buildings.

The school announced Friday that it had received $15 million from Charles F. Knight and Joanne Knight and $10 million from George Bauer and Carol Bauer through the Bauer Foundation.

The St. Louis Post-Dispatch reports (http://bit.ly/t3fAhL) that the school hopes to start work on the $90 million project next summer if enough funds are raised. The two buildings will give the Olin Business School another 166,000 square feet of space when completed in late 2013.

The buildings will hold seven classrooms and 75 faculty offices. They will replace Eliot Hall, which will be torn down.

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Information from: St. Louis Post-Dispatch, http://www.stltoday.com