WVU says construction projects pump $1 billion, 7,100 jobs into - WOWK 13 Charleston, Huntington WV News, Weather, Sports

WVU says construction projects pump $1 billion, 7,100 jobs into economy

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • UPDATE: All Northbound lanes open on I-77 at East River Mountain Tunnel

    UPDATE: All Northbound lanes open on I-77 at East River Mountain Tunnel

    Saturday, July 26 2014 6:42 PM EDT2014-07-26 22:42:00 GMT
    All northbound lanes are back open after a tractor trailer that caught fire inside the East River Mountain Tunnel on Friday. It happened in the northbound lanes of the tunnel that divides Mercer and Bland around 2:00 Friday afternoon.
    All northbound lanes are back open after a tractor trailer that caught fire inside the East River Mountain Tunnel on Friday. It happened in the northbound lanes of the tunnel that divides Mercer and Bland around 2:00 Friday afternoon.
  • Sistersville Woman Crowned Mrs. West Virginia, Will Compete for National Title

    Sistersville Woman Crowned Mrs. West Virginia, Will Compete for National Title

    Tuesday, July 15 2014 4:17 AM EDT2014-07-15 08:17:38 GMT
    A Sistersville mother, wife, and soon-to-be teacher, holds another very impressive title as she gets ready to take on the competition on a national stage.Mrs. West Virginia, Melissa Smith, will compete for the title of "Mrs.United States," in September. Smith travels throughout the state right now helping to push her platform. "Right now, I'm very focused on improving literacy education. I'm going to be an elementary school teacher and I have been traveling throughout West Virginia reading to...
    A Sistersville mother, wife, and soon-to-be teacher, holds another very impressive title as she gets ready to take on the competition on a national stage.Mrs. West Virginia, Melissa Smith, will compete for the title of "Mrs.United States," in September. Smith travels throughout the state right now helping to push her platform. "Right now, I'm very focused on improving literacy education. I'm going to be an elementary school teacher and I have been traveling throughout West Virginia reading to...
  • Federal judge in Martinsburg, West Virginia, sends 10 to prison for violating probation

    Federal judge in Martinsburg, West Virginia, sends 10 to prison for violating probation

    Sunday, July 6 2014 11:00 AM EDT2014-07-06 15:00:12 GMT
    Nine Martinsburg, West Virginia, residents and another from Keyser were sentenced to federal prison for breaking the law while they were on supervised release or probation.
    Nine Martinsburg, West Virginia, residents and another from Keyser were sentenced to federal prison for breaking the law while they were on supervised release or probation.
  • EducationMore>>

  • Caridi spends a lifetime calling the Mountaineers

    Caridi spends a lifetime calling the Mountaineers

    Sunday, July 27 2014 3:00 PM EDT2014-07-27 19:00:23 GMT
    This year’s college freshmen have never heard another play-by-play announcer for West Virginia University. All of their lives, Tony Caridi has been calling Mountaineer football and men’s basketball games on the radio.
    This year’s college freshmen have never heard another play-by-play announcer for West Virginia University. All of their lives, Tony Caridi has been calling Mountaineer football and men’s basketball games on the radio.
  • ‘Voice of the Herd’ enters 19th season at MU

    ‘Voice of the Herd’ enters 19th season at MU

    Sunday, July 27 2014 3:00 PM EDT2014-07-27 19:00:20 GMT
    His first season as play-by-play sportscaster at Marshall University had remarkable results.
    His first season as play-by-play sportscaster at Marshall University had remarkable results.
  • College Summit marks strong decade

    College Summit marks strong decade

    Sunday, July 27 2014 11:00 AM EDT2014-07-27 15:00:13 GMT
    For more than 10 years, College Summit West Virginia has been helping make higher education more attainable for 37,000 students who have participated in the program.
    For more than 10 years, College Summit West Virginia has been helping make higher education more attainable for 37,000 students who have participated in the program.

Recent and ongoing construction projects by West Virginia University and WVUHealthcare will have an economic impact of more than $1 billion, with nearly $700 million benefiting Monongalia County and surrounding areas, according to a recent study by the university's Bureau of Business and Economic Research concludes.

The review of 20 construction projects beginning in June 2011 with completion planned by November 2015 found that the total $742.9 million budget of those projects would create more than 7,100 jobs and $35 million in local and state tax revenue — almost 4,700 of the jobs and $23.3 million of the taxes them in and around Monongalia County.

The projects range from $665,000 to expand a parking lot on the Evansdale Campus to $225 million for WVUHealthcare expansions, including Ruby Memorial Hospital. They also include three major public-private partnerships to improve student housing, new classroom space, a new student health center, various renovations as well as supporting infrastructure.

The study concluded that the total economic impact would be $1.02 billion, including 7,143 jobs and $35.7 million in state and local tax revenue.

For Monongalia County and the surrounding areas, those numbers were $669.4 million, including 4,675 jobs and $23.3 million in taxes.

The projects included in the study, and their budgets, are:

  • Greenhouse, $8.95 million.
  • HSC animal facility, $22 million.
  • Water tower parking lot, $665,000.
  • Evansdale Infrastructure, $7.6 million.
  • Law school addition, $13.6 million.
  • College of Physical Activities and Sports Sciences/student health, $34.9 million
  • Advanced engineering research building, $40 million.
  • University Place, $70 million.
  • College Park, $46.8 million.
  • WVU Healthcare expansions, $225 million.
  • Evansdale Library renovations, $3.8 million.
  • New agricultural building, $93 million.
  • Art museum, $9.3 million.
  • Evansdale crossings, $31 million.
  • Baseball stadium, $13.6 million.
  • NRCCE renovation, $4.8 million.
  • University Park, $100 million.
  • Evansdale intersections, $3.6 million.
  • Creative Arts Center parking lot, $2.8 million.
  • Law school renovation, $11.6 million

In addition to the projects included in the study, WVU is also clearing land it acquired when it purchased what is now Vandalia Hall out of bankruptcy. The property located along and near Falling Run Road will eventually be used for construction to meet expanding academic needs.