Ohio Wesleyan University announced Tuesday that since Jan. 1, it had received $3.3 million in financial commitments to support the renovation of Stuyvesant Hall. On Thursday, a new $5 million anonymous “challenge” gift bumped that total to $8.3 million.
The yearlong project to modernize and expand Ohio Wesleyan’s oldest residence hall is expected to cost approximately $15 million. Overall, more than $10 million has been pledged for the renovation project. When the gift challenge is met, construction will be able to begin.
In announcing the many gifts, President Rock Jones said:
“Stuyvesant Hall is a gem that needs polish. The building exemplifies the residential-campus experience that is a hallmark of an Ohio Wesleyan liberal arts education. Its design was ahead of its time when it opened 80 years ago, and this project will restore its original luster. When completed, Stuyvesant Hall will provide comfortable living, dining, and social-activity areas to enhance and foster our student community.”
Potential renovation plans include adding a fourth floor to the residential wings that flank each side of the hall. The renovation would allow the university to add approximately 40 bedrooms, containing up to 50 beds. When work is completed, the building would feature several environmentally friendly “green components” including an energy-efficient heating-and-cooling system.
Learn more about giving to this and other Ohio Wesleyan initiatives.
Learn more about the $3.3 million in project commitments.
Lead more about the $5 million challenge gift.