President Hitt called on the community<\/a> to help UCF raise $20 million from private donations to fund one-third of the new building. The university is also contributing $20 million from its resources and asking the state for an additional $20 million.<\/p>\n“To bring the UCF Downtown campus vision to reality we will once again use our community’s unique formula for partnerships that has resulted in projects like SunRail and the community venues,” said Orlando Mayor Buddy Dyer. “We are grateful to the DeVos family and Orlando Magic for being the first private sector partners to make a commitment to help us advance this catalytic project which will benefit our City and our entire region.”<\/p>\n
UCF will share the campus with Valencia College, which will offer programs in digital media, health information technology and culinary and hospitality, including workforce training and other certificates to increase access to education in the immediate downtown area.<\/p>\n
“The DeVos family and Orlando Magic have led the way in the transformation of downtown Orlando,\u201d said Valencia College President Sandy Shugart. \u201cWith this generous gift we hope UCF and Valencia can join them sooner in this amazing vision.”<\/p>\n
The Magic\u2019s gift, the first private donation, joins other commitments from public partners.<\/p>\n
Orange County commissioners voted unanimously last month to contribute $3 million toward the project. Valencia College\u2019s Board of Trustees announced plans to contribute $2 million toward the construction of the new academic building that the college would share with UCF.<\/p>\n
Additionally, the value of in-kind contributions of land and infrastructure by the City of Orlando and the developers of Creative Village is approximately $75 million.<\/p>\n
The DeVos family and the Magic have generously supported UCF\u2019s DeVos Sport Business Management Program, a graduate program for students that focuses on ethics, leadership and community service. SportBusiness International ranks the program No. 2 among all graduate sport business programs in the world. An endowment gift by the DeVos family provides scholarships and graduate assistant positions for students.<\/p>\n
The Orlando Magic Youth Foundation also has provided scholarships for UCF first-generation students \u2013 students who are the first in their families to attend college.<\/p>\n","protected":false},"excerpt":{"rendered":"The Orlando Magic are the first to answer UCF President John C. Hitt\u2019s call for philanthropic gifts to help secure a new downtown campus. The Magic have pledged $1.5 million toward a new academic building that will be the centerpiece of a new campus serving about 7,700 UCF and Valencia College students. \u201cA strong, vibrant,…","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-895","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n
Orlando Magic Contribute $1.5 Million for UCF Downtown Campus | UCF Downtown<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n