An update on plans for the next 5 years. R-1 research funds, new buildings, expanded research support, state funding, etc. Hardgrave has hit the ground running.


‘The research modernization is just one component of this. U of M is also looking to gain more research funding, and as chief government relations and policy officer Katie VanLandingham noted during the meeting, Governor Bill Lee has proposed that the state give U of M $50 million for a research endowment to maintain R1 status — which U of M would then match dollar-for-dollar, making it a $100 million fund.

And U of M has other capital projects in the works that could support U of M’s R1 efforts, too. During the meeting, chief university planning officer Tony Poteet laid out the school’s five-year capital outlay plan, which, besides the research modernization, includes these facilities:

A $68.41 million interdisciplinary science facility on the main campus, expected to be funded in the 2024-25 year
A $54 million research park — new research facilities west of the main campus — expected to be funded in the 2025-26 year
An $83 million building replacement for Mitchell Hall and Clement Hall, expected to be funded in the 2026-27 year
A $28 million research renovation and physical plant relocation — the school will relocate its plant and use the current facility for research — expected to be funded in 2027-28 year

U of M has also already received funding from the State for two other projects. It’s scored $25 million in state funding for the renovation of the Fogelman College of Business and Economics, which will be paired with $5 million in matching funds from U of M — putting the cost at $30 million.

And it’s received $20 million in state funding for the renovation of Mynders Hall — U of M’s first residence hall, built in 1912 — which, like the Fogelman project, will be paired with $5 million in matching funds from the university. This puts the renovation’s cost at $25 million.”

(06-04-2022 04:37 AM)Tigerx3 Wrote:  An update on plans for the next 5 years. R-1 research funds, new buildings, expanded research support, state funding, etc. Hardgrave has hit the ground running.


‘The research modernization is just one component of this. U of M is also looking to gain more research funding, and as chief government relations and policy officer Katie VanLandingham noted during the meeting, Governor Bill Lee has proposed that the state give U of M $50 million for a research endowment to maintain R1 status — which U of M would then match dollar-for-dollar, making it a $100 million fund.

And U of M has other capital projects in the works that could support U of M’s R1 efforts, too. During the meeting, chief university planning officer Tony Poteet laid out the school’s five-year capital outlay plan, which, besides the research modernization, includes these facilities:

A $68.41 million interdisciplinary science facility on the main campus, expected to be funded in the 2024-25 year
A $54 million research park — new research facilities west of the main campus — expected to be funded in the 2025-26 year
An $83 million building replacement for Mitchell Hall and Clement Hall, expected to be funded in the 2026-27 year
A $28 million research renovation and physical plant relocation — the school will relocate its plant and use the current facility for research — expected to be funded in 2027-28 year

U of M has also already received funding from the State for two other projects. It’s scored $25 million in state funding for the renovation of the Fogelman College of Business and Economics, which will be paired with $5 million in matching funds from U of M — putting the cost at $30 million.

And it’s received $20 million in state funding for the renovation of Mynders Hall — U of M’s first residence hall, built in 1912 — which, like the Fogelman project, will be paired with $5 million in matching funds from the university. This puts the renovation’s cost at $25 million.”

Is there a link to a "new" Masterplan that reflects some of this ? The one I have saved is so old, it shows the Scheidt Music building being built off of Highland, and I've seen it being constructed on Central replacing some of the parking lot there ..

(06-04-2022 10:17 AM)DDrum1961 Wrote:  

(06-04-2022 04:37 AM)Tigerx3 Wrote:  An update on plans for the next 5 years. R-1 research funds, new buildings, expanded research support, state funding, etc. Hardgrave has hit the ground running.


‘The research modernization is just one component of this. U of M is also looking to gain more research funding, and as chief government relations and policy officer Katie VanLandingham noted during the meeting, Governor Bill Lee has proposed that the state give U of M $50 million for a research endowment to maintain R1 status — which U of M would then match dollar-for-dollar, making it a $100 million fund.

And U of M has other capital projects in the works that could support U of M’s R1 efforts, too. During the meeting, chief university planning officer Tony Poteet laid out the school’s five-year capital outlay plan, which, besides the research modernization, includes these facilities:

A $68.41 million interdisciplinary science facility on the main campus, expected to be funded in the 2024-25 year
A $54 million research park — new research facilities west of the main campus — expected to be funded in the 2025-26 year
An $83 million building replacement for Mitchell Hall and Clement Hall, expected to be funded in the 2026-27 year
A $28 million research renovation and physical plant relocation — the school will relocate its plant and use the current facility for research — expected to be funded in 2027-28 year

U of M has also already received funding from the State for two other projects. It’s scored $25 million in state funding for the renovation of the Fogelman College of Business and Economics, which will be paired with $5 million in matching funds from U of M — putting the cost at $30 million.

And it’s received $20 million in state funding for the renovation of Mynders Hall — U of M’s first residence hall, built in 1912 — which, like the Fogelman project, will be paired with $5 million in matching funds from the university. This puts the renovation’s cost at $25 million.”

Is there a link to a "new" Masterplan that reflects some of this ? The one I have saved is so old, it shows the Scheidt Music building being built off of Highland, and I've seen it being constructed on Central replacing some of the parking lot there ..

Not that I’ve seen. I imagine it may take 6 months to a year for a complete update. I think there some more pieces that need to be solidified.

Used to be plans were 10 years then 5 years. The capitol campaign will help shape as has the final decision on no OCS.

Love it! Thanks for the information.

Is the Stem Building already under construction?

Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

(06-04-2022 11:21 AM)griffin Wrote:  Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

So true! U of M has made enormous strides in every faucet over the past 10-20 years. Amazing.

(06-04-2022 04:44 PM)tcountytigerfan Wrote:  

(06-04-2022 11:21 AM)griffin Wrote:  Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

So true! U of M has made enormous strides in every faucet over the past 10-20 years. Amazing.

it's been pouring in!

(06-04-2022 10:17 AM)DDrum1961 Wrote:  

(06-04-2022 04:37 AM)Tigerx3 Wrote:  An update on plans for the next 5 years. R-1 research funds, new buildings, expanded research support, state funding, etc. Hardgrave has hit the ground running.


‘The research modernization is just one component of this. U of M is also looking to gain more research funding, and as chief government relations and policy officer Katie VanLandingham noted during the meeting, Governor Bill Lee has proposed that the state give U of M $50 million for a research endowment to maintain R1 status — which U of M would then match dollar-for-dollar, making it a $100 million fund.

And U of M has other capital projects in the works that could support U of M’s R1 efforts, too. During the meeting, chief university planning officer Tony Poteet laid out the school’s five-year capital outlay plan, which, besides the research modernization, includes these facilities:

A $68.41 million interdisciplinary science facility on the main campus, expected to be funded in the 2024-25 year
A $54 million research park — new research facilities west of the main campus — expected to be funded in the 2025-26 year
An $83 million building replacement for Mitchell Hall and Clement Hall, expected to be funded in the 2026-27 year
A $28 million research renovation and physical plant relocation — the school will relocate its plant and use the current facility for research — expected to be funded in 2027-28 year

U of M has also already received funding from the State for two other projects. It’s scored $25 million in state funding for the renovation of the Fogelman College of Business and Economics, which will be paired with $5 million in matching funds from U of M — putting the cost at $30 million.

And it’s received $20 million in state funding for the renovation of Mynders Hall — U of M’s first residence hall, built in 1912 — which, like the Fogelman project, will be paired with $5 million in matching funds from the university. This puts the renovation’s cost at $25 million.”

Is there a link to a "new" Masterplan that reflects some of this ? The one I have saved is so old, it shows the Scheidt Music building being built off of Highland, and I've seen it being constructed on Central replacing some of the parking lot there ..

https://www.memphis.edu/bot/pdfs/march_2...eeting.pdf

This is the link to the 2021 board meeting that includes approval of the $600,000,000 capital campaign that will run into 2026 and a copy of the updated Masterplan.

Both, while substantially still accurate, have been updated as indicated in the OP.

(06-04-2022 11:18 AM)NDTiger Wrote:  Is the Stem Building already under construction?

No, but it should be in the next few months, inflation has played havoc with getting it under contract

(06-04-2022 08:29 PM)tigertaylor Wrote:  

(06-04-2022 04:44 PM)tcountytigerfan Wrote:  

(06-04-2022 11:21 AM)griffin Wrote:  Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

So true! U of M has made enormous strides in every faucet over the past 10-20 years. Amazing.

it's been pouring in!

? autocorrect strikes again! Gotta make sure I look back before posting ?

(06-04-2022 04:44 PM)tcountytigerfan Wrote:  

(06-04-2022 11:21 AM)griffin Wrote:  Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

So true! U of M has made enormous strides in every faucet over the past 10-20 years. Amazing.

Did we use Delta or Mohn faucets in the sinks, etc. LOL

(06-06-2022 04:41 AM)TIGERBUDDY Wrote:  

(06-04-2022 04:44 PM)tcountytigerfan Wrote:  

(06-04-2022 11:21 AM)griffin Wrote:  Memphis is currently tasked with a $ 450,000,000 capital campaign in total outside of the stadium major renovation.

What we are seeing would be similar to what happened with the explosion of capex spending in the late 80s and early 90s across many campuses, yet we are a bit behind the eight ball as of right now. We are making huge strides on catching up.

$ 450,000,000
$ 250,000,000

Total $ 700,000,000 has to be raised

This is something to be proud of, twenty years ago - we would not have taken on a $ 100,000,000 campaign.

So true! U of M has made enormous strides in every faucet over the past 10-20 years. Amazing.

Did we use Delta or Mohn faucets in the sinks, etc. LOL

I hope Delta. They're just right down I-40 in Jackson.