Ilitches to give Wayne State $40 million for new business school near Red Wings arena site

Detroit's Ilitch family plans to donate money and land totaling $40 million for a new business school building for Wayne State University, the largest donation in the school’s history, sources familiar with the situation told Crain's late Tuesday. The university’s Board of Governors is expected to hold a special meeting Friday to approve plans for the school, sources told Crain’s Detroit Business on the condition of anonymity. Wayne State Director of Communications Matthew Lockwood said the university could not comment on the report but it planned a special event Friday.

Crain’s Detroit Business