Rendering Inside 350With lead gifts from the Joy and Bill Harbert Foundation and Medical Properties Trust, UAB’s Collat School of Business is close to the halfway mark in an ambitious effort to raise $15 million for a new building at the corner of University Boulevard and 13th Street South.

“Our vision for this facility is to create a formalized structure that leverages UAB’s tremendous on-campus resources – from business expertise to world-class medicine to engineering – to facilitate innovation and entrepreneurship leading to commercialization and economic development for the community, state and beyond,” said Eric Jack, Ph.D., Wells Fargo Endowed Chair in Business Administration and dean of the Collat School of Business. “We are honored to partner with generous individuals and organizations who share that vision."

Four key programs will be housed in the new facility, which will serve as a landmark for the western entrance to the UAB campus:

  • The Collat School of Business, named for Charles and Patsy Collat in recognition of their longtime support.
  • The Bill L. Harbert Institute for Innovation and Entrepreneurship, named for the late Bill Harbert, Birmingham businessman and founder of Harbert Construction Corporation, through a gift from the Joy and Bill Harbert Foundation.
  • UAB’s Healthcare Leadership Academy, a collaboration between the Collat School of Business and the School of Medicine to identify and develop future leaders of the UAB academic medical center.
  • Institute for Financial Education, which will provide opportunities for learning skills and knowledge successfully manage personal finances.
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Rendering auditorium 350The new building will feature leading-edge technology and multi-purpose classroom spaces to accommodate small-group learning, showrooms for entrepreneurial projects and sales presentations, labs for behavioral research and spacious common areas indoors and outdoors. The facility will also offer expanded space for the Career Services Office, the Student Success Center and student organizations.

“Our new building will also include a trading room with all of the supporting technologies and mechanisms for our students to trade securities through the Green and Gold Fund, a student-managed investment portfolio valued at approximately $575,000,” Jack added. “We also will have space to expand our MBA program for physicians, in partnership with the Schools of Medicine, Dentistry and Optometry.”

“This building will be home to key initiatives in education, research and economic development,” says UAB President Ray L. Watts, M.D. “It is inspiring to see that business leaders in Alabama believe in our plan and share our priorities.”

Map bldgLocation 450 optThe new building for Collat School of Business and the Bill L. Harbert Institute for Innovation and Entrepreneurship will anchor the corner of University Boulevard and 13th Street South.

For information on supporting the Collat School of Business and the Bill L. Harbert Institute for Innovation and Entrepreneurship: David I. Allen, 205.996.5399; diallen@uab.edu