The Indiana Economic Development Corp. has approved $2.8 million in Regional Cities funding for the University of Saint Francis. The university says the money will assist in funding renovations to two buildings as part of its downtown campus project.
USF has renovated the former Chamber of Commerce building, which will become the new USF Business Center. The building will house the Keith School of Business and Entrepreneurial Leadership and the Historic Women’s Club. The project also includes the university’s new Music Technologies facilities in the former Scottish Rite building.
The Regional Cities funding will cover nearly 20 percent of the total cost of the project.
The university says the downtown campus will celebrate its opening on August 16. When classes begin at the end of August, more than 300 faculty, students and staff and will work and study in the renovated buildings.
The announcement comes one day after Trine University in Angola announced it had also received $2.8 million in Regional Cities funding to be used toward construction of its new Thunder Ice Arena and MTI Center.