The University of Virginia Darden School of Business has announced that it will open new facilities in the Washington, D.C., area. The new 40,000-square-foot space housed on the top two floors of a 31-story building with expansive views of the capital region and slated to open in spring 2018, was made possible by a $5 million gift from Sands Capital Management Founder and Chairman Frank Sands Sr. (MBA ’63) and CEO and Chief Investment Officer Frank Sands Jr. (MBA ’94). The 31st floor will be named the Sands Family Grounds in their honor.
“The Darden School is a special place and has been enormously influential in my life and the life of my father,” says Frank Sands Jr. “We believe Darden is poised to be an influential and positive force at the intersection of business, public policy and leadership, and our family is thrilled to play a role in helping to establish and grow the School’s presence in this critical region.”
To extend Darden’s educational experience, the space will include two tiered classrooms, flat classroom space, learning team rooms, open-study areas, a boardroom, conference rooms and office space. A large ballroom with views of the National Mall will serve as a food service and conference space. The Darden facilities will also include access to a 5,000-square foot rooftop terrace offering sweeping views of the area.
“The D.C. area has the highest concentration of both Darden and University of Virginia alumni, and we are grateful for the groundswell of support we have received across the region,” says Professor Greg Fairchild, associate dean for Darden’s Washington, D.C., area initiatives. “We’re building on existing relationships and forming new ones as we seek to cement Darden’s role as the preeminent graduate business school at the nexus of business and public policy.”
Head over to the UVA Darden newsroom for more details about this new space.