Carleton University’s board of governors has approved the construction of a new 100,000 sq. ft. building for the Ottawa university’s Sprott School of Business.
The $48 million Nicol Building, will be named in honor of Ottawa entrepreneur and developer Wesley Nicol, who founded Tartan Homes.
“This new building will take the Sprott School of Business to the next level so that we can keep up with rising enrolment and continue to attract outstanding students who will be the leaders of tomorrow,” said board of governors chair Chris Carruthers.
The Nicol family donated $10-million for the project in 2014, starting the building funding, and the university has allocated funds to cover other costs.
Toronto-based Hariri Pontarini Architects completed the sustainable building design in September. The building will be on Campus Ave. adjacent to the University Centre, the Architecture Building and the new Health Sciences Building.