Groundbreaking Friday for PC School of Business

PROVIDENCE COLLEGE alumnus and retired Prudential Financial Inc. executive Arthur F. Ryan has pledged $5 million to help establish the Arthur and Patricia Ryan Center for Business Studies; a rendering of the center is pictured. / COURTESY PROVIDENCE COLLEGE
PROVIDENCE COLLEGE alumnus and retired Prudential Financial Inc. executive Arthur F. Ryan has pledged $5 million to help establish the Arthur and Patricia Ryan Center for Business Studies; a rendering of the center is pictured. / COURTESY PROVIDENCE COLLEGE

(Updated 2:18 p.m.)
PROVIDENCE – A groundbreaking will be held Friday for a 64,000-square-foot multi-level academic building, the Arthur and Patricia Ryan Center for Business Studies, at Providence College.
The building will house the college’s School of Business program.
College officials, including College President Rev. Brian J. Shanley, PC Board Chairman John F. Killian and School of Business Dean Sylvia Maxfield, will join the college’s board of trustees, state and city officials and the PC community in ceremonial activities to bless and mark the start of building construction. The event will be held at 4:30 p.m.
Due to inclement weather, the ceremony location has been moved inside, to the Smith Center for the Arts – Ryan Concert Hall.

The new facility is scheduled to open in early 2017.

The Arthur and Patricia Ryan Center for Business Studies is named after PC alumnus Arthur Ryan ’63 and his wife, Patricia, whose gift helped make the facility happen. Ryan was president and chief operating officer of Chase Manhattan Bank and chairman and CEO of Prudential Financial Inc. He retired in 2008.

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