UD Breaks Ground on New Home for Satish & Yasmin Gupta College of Business

UD Breaks Ground on New Home for Satish & Yasmin Gupta College of Business



UD hosted a special groundbreaking celebration on Friday, Oct. 17, to officially mark the start of construction on SB Hall, the new state-of-the-art home of the Satish & Yasmin Gupta College of Business.

After an invocation by Fr. Peter Verhalen, abbot of Our Lady of Dallas Cistercian Monastery, and remarks by Irving mayor Beth Van Duyne, Satish and Yasmin Gupta spoke about their hopes and dreams for SB Hall.

"The university gave us a foundation of love and respect that has had a lasting impact on us," Yasmin Gupta said. "We hope students will spread their wings the way we did."

When completed in early 2016, the $12 million, 45,000-square-foot academic building will be the centerpiece of UD's acclaimed Satish & Yasmin Gupta College of Business. The college was renamed in 2013 after the Guptas, Dallas-based global steel entrepreneurs whose gift will fund the building. The Guptas are graduates of the university's MBA program.

The Guptas' $12 million gift to build SB Hall is the single largest donation in the University of Dallas' 58-year history. The new academic facility is designed by Perkins+Will, a national leader in higher education architecture, and is being constructed by The Beck Group, a third-generation, family-owned Dallas firm. Additional funding is necessary for the purchase and installation of fixtures, furniture and computer hardware, as well as for the completion of landscaping and parking facilities. In total, the project will exceed $16 million.

Situated amid the rolling hills of the 222-acre University of Dallas campus in Irving, SB Hall will stand at one of the highest points in the area. When completed, the facility will support the university's commitment to energy efficiency and green architecture.

The building will incorporate classrooms on every floor, community gathering places and study lounges, and numerous meeting spaces for student groups. SB Hall will boast an abundance of natural light and interactive classrooms and is designed to evolve through the decades, allowing reconfiguration of spaces as the campus population and its needs change.

In 1981, while a business graduate student at the University of Dallas, Satish Gupta founded SB International, Inc., a privately held global steel company headquartered in Dallas. SB International is one of the largest suppliers of oil country tubular goods (OCTG) to the North American oil and gas industry. The company and its affiliates and subsidiaries manufacture, supply and distribute high-quality steel products, as well as invest in the global supply chain of natural resources for the energy sector. Yasmin Gupta is the company's executive vice president.

The Guptas serve Dallas/Fort Worth through various organizations related to cultural education and outreach, including the Gupta Agarwal Charitable Foundation, which Satish Gupta founded. They also support the Primary Care Clinic of North Texas and the Greater Dallas Arya Samaj Cancer Clinic, a system of non-profit health care facilities providing medical care to local uninsured adults.

PHOTO: From left, Mayor Van Duyne, Executive Vice President Bob Galecke, Fr. Verhalen, donors Satish and Yasmin Gupta, President Thomas W. Keefe, Board of Trustees Chair Joe Murphy and Satish & Yasmin Gupta College of Business Dean Robert Scherer.



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