Naming Rights Don't Sell for $20M, So Ave Maria Scraps New Building Plan
Plans for a posh new building in for Ave Maria School of Law have reportedly been scrapped after administrators apparently failed to sell naming rights for $20 million as they had hoped.
Instead, the Catholic law school will move to an existing building in Naples, Fla., when it relocates from the current campus in Ann Arbor, Mich. next year, according to the National Law Journal.
Eugene Milhizer, the interim law school dean, says Ave Maria will add a courtroom and refurbish the library and classrooms at the Naples site, a 12-acre former Ave Maria University facility, reports the Naples Daily News.
“If a permanent facility could be built in the way we wanted when we wanted that would have been our first choice,” Milhizer says. “But this is pretty good, too.”
Hat tip: Wall Street Journal Law Blog.
