Xconomy: Wayne State celebrates the opening of $40M Ilitch School of Business
A gaggle of local officials were on hand Tuesday for a ribbon-cutting ceremony at Wayne State University’s Mike Ilitch School of Business building. The new facility was made possible by a $40 million donation in 2015 from Mike and Marian Ilitch, the co-founders of Little Caesars and Olympia Entertainment, and is the largest charitable gift in Wayne State’s history. The sleekly designed 125,000-square-foot space includes a finance and data analytics lab; a two-story atrium with room for pop-up retail; a 260-seat, state-of-the-art auditorium with a stage large enough to showcase vehicles for auto-related events; and a rooftop terrace. The Ilitch School is the first university facility to be situated away from the main campus, which is located a few blocks further north. The part of the city the business school is in, called District Detroit by developers, encompasses a 50-block area between downtown and Midtown.