PC breaking ground Oct. 2 on new center for business studies

PROVIDENCE COLLEGE alumnus and retired Prudential Financial Inc. executive Arthur F. Ryan has pledged $5 million to help establish the Arthur and Patricia Ryan Center for Business Studies; a rendering of the center is pictured. / COURTESY PROVIDENCE COLLEGE
PROVIDENCE COLLEGE alumnus and retired Prudential Financial Inc. executive Arthur F. Ryan has pledged $5 million to help establish the Arthur and Patricia Ryan Center for Business Studies; a rendering of the center is pictured. / COURTESY PROVIDENCE COLLEGE

PROVIDENCE – Providence College will break ground Oct. 2 on its new Arthur & Patricia Ryan Center for Business Studies, enabling the housing of the discipline for the first time under one roof.
The new home for the college’s School of Business, which was established in 2007, is expected to cost approximately $30 million, a college spokesman said. Of that, $5 million has been donated by Arthur Ryan, a former PC trustee, retired chairman and CEO of Prudential Financial Inc., and his wife, Patricia. Ryan earned a math degree from PC in 1963 and was awarded an honorary doctor of business administration degree in 1990.
The 64,000-square-foot, four-story structure will be designed by Symmes Maini & McKee Associates of Cambridge, Mass. The facility will include a glass atrium entrance, classrooms, conference rooms, computer labs, collaboration rooms, interview suites and a student café, among other features.
The building is expected to be completed by the start of the college’s centennial year in 2017.
The groundbreaking will be held at 4:30 p.m. in front of Dore Hall, off Huxley Avenue on the east end of the campus.
Led by Dean Sylvia Maxfield, the School of Business in 2012 received accreditation by the Association to Advance Collegiate Schools of Business International. In 2014, Bloomberg Businessweek ranked it 75th in the nation for undergraduate college business programs.

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