PROVIDENCE, R.I. (AP) - Providence College says it will build a new two-story sports facility funded by the largest gift it has ever received from a living alumnus.
Construction is set to begin this spring on the Ruane Friar Development Center. The first $30 million project phase will include men’s basketball practice courts, study space for student athletes, weight rooms and coaches’ offices.
The first segment of the new building attached to Alumni Hall is set to be finished by fall 2017. Its funding comes from a large, undisclosed donation from philanthropist couple Michael and Elizabeth Ruane.
Michael Ruane graduated from Providence College in 1971, was former chairman of its board of trustees and is founding owner of Boston-based TA Associates Realty. He also funded a new endowed chair for the economics department.
This story has been corrected to show that construction is expected to finish by fall 2017, not spring 2017 and that Ruane is a former chairman of Providence College’s board of trustees, not a current member.
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