UK Proposes $250 Million Campus Renovation Project

Oct 25, 2015

Credit UKNow

The University of Kentucky is in the midst of a massive construction phase resulting in new dorms, classrooms and research facilities. School leaders say it's now time to renovate older buildings on the Lexington campus.

UK said Saturday it plans to ask state lawmakers for $125 million in state bonds to help pay for a $250 million project to renovate and revitalize its campus core. Other funding would come from agency bonds, other university sources and private gifts.

Lawmakers convene their 2016 session in January and their top priority will be passing a new two-year budget.

A 2006 study found UK had more than $1 billion of deferred maintenance.

UK President Eli Capilouto says the plan would revitalize the campus core where much of the teaching and creative work takes place.