U. of Michigan-Flint takes ownership of 2 more buildings
FLINT, Mich. – The University of Michigan-Flint has officially taken ownership of two downtown Flint buildings as part of an effort to expand its programs, boost on-campus housing and revitalize the city.
The buildings are the Riverfront Residence Hall and Conference Center as well as a FirstMerit Bank building.
The school says Friday that Riverfront Center, valued at $15.5 million, is believed to represent the university's largest single donation. Uptown Reinvestment Corporation donated the 16-story, 340,000-square-foot building with support from the Charles Stewart Mott Foundation.
The donation was announced in December.
Meanwhile, the university's $6 million purchase of the FirstMerit Bank tower next door to Riverfront Center was completed Thursday.
Combined, the two buildings add 500,000 square feet to campus. It is the first addition of academic space since 2002.
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