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LOUISVILLE, KY. (WDRB) -- It is a challenge to grow when your funding is cut, but that is exactly what U of L has managed to do with its business school.
U of L is opening a new $3.4 million addition to its business school and one of its features is the university's first green roof. This roof of living plants is expected to save 25 percent in energy costs in the new wing.
The green roof is also designed to help prevent campus flooding, something U of L has had to deal with a couple of times during the last several years, most recently just a week ago.
U of L president James Ramsey explained the reasoning behind the green roof. "With the rain garden on top and the flow of the water into the rain garden on the ground should help prevent some of the drainage problems we've had in the past," says the U of L president.
The green roof sits atop the business school's new $3.4 million addition that will house its growing equine industry and entrepreneurship programs.
"We just ran out of room," says business school dean Charlie Moyer. "We bring in new faculty and we have no place to put them."
Moyer says it is critical to attract and to keep talented faculty members to encourage entrepreneurship in Louisville. "One of the things which is so important about entrepreneurship," says Moyer, "is remaking the city from and old manufacturing base to a city with new knowledge and technologies and you need people who are willing to take risks."
Since the state continues to cut funding for higher education, most of the cost of the addition was paid for with private donations.
Ramsey says U of L still needs a new classroom building. "There were no capital projects approved during this past legislative session," says Ramsey, "we are going to continue to work we need additional space to grow."
Ramsey says university presidents will try again to get money for capital projects when the state's next two-year budget is proposed.