Education Minister Richard Bruton officiated the sod turning of the Trinity Business School today.
Last year, Trinity pledged to more than double the size of the student body studying at the school. The new building will also incorporate an Innovation and Entrepreneurship hub. It will front onto Pearse Street and the campus, providing another link between the city and the university.
The aim of the Trinity Business School is to make a greater impact on the lives and careers of students and the country as a whole. It will offer a range of business-related programmes at undergraduate, post-graduate and executive education levels as part of a new approach to entrepreneurship and innovation training for the whole university.
Minister Bruton said: “I am delighted to be turning the sod today for this new state of the art education and business faculty facility, which will also house an Innovation and Entrepreneurship Hub. The Trinity Business School is one of the leading providers of business education through its undergraduate, postgraduate and executive leadership training courses. It plays an important part in providing future business leaders who are educated to the highest standards and supports the growth of entrepreneurship across our economy. As a small, open trading economy we must continue to diversify our economy and the graduates of Trinity Business School will continue to play an important role in this.”
Overall, the development will span about 11,400 sq metres, with six storeys above ground and two below. Included in the build will be a 600 seat auditorium, restaurant spaces for up to 200 people, smart classrooms with the latest digital technology, and a rooftop conference room.
The project will cost €80m with a significant part raised from philanthropic sources. Fee-paying business programmes will also contribute to the cost.
Trinity Provost, Dr Patrick Prendergast said: "This flagship school is shortly going to transform Pearse Street. It will put Trinity on the map for business education and drive economic growth in Dublin and Ireland."
The Dean of the School of Business, Professor Andrew Burke said: “Trinity Business School is growing rapidly and becoming a major force in the international management education market. We need a world class building commensurate with these ambitions. This iconic new building is purpose built to cater for the School’s focus on real business learning and exploration in a diverse facility that enables entrepreneurship, creativity, ethical reflection and cutting-edge business analysis.“