LINCOLN, Neb. (AP) — Officials are celebrating the groundbreaking of a new $84 million school building at the University of Nebraska-Lincoln.

A ceremony was held Wednesday for the school’s new College of Business Administration building, a 240,000-square-foot facility that’s expected to open before fall 2017.

The Lincoln Journal Star reports more than 10 out of 800 donors contributed about $1 million or more to help fund the building’s construction.

The college’s dean, Donde Plowman, thanked students, alumni, faculty, business leaders and donors for their support. She says she envisions the building as a hub of activity for the business community both on and off campus.