16-story building donated to University of Michigan-Flint - WNEM TV 5

16-story building donated to University of Michigan-Flint

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The University of Michigan-Flint has received one of the biggest donations in its history, a 16-story building.

Uptown Reinvestment Corporation is donating the 340,000-square-foot Riverfront Residence Hall and Banquet Center to the university.

URC bought the building, which has academic space, student housing and a conference center, back in 2009 when it was called the Character Inn.

“This donation is monumental,” said Chancellor Susan E. Borrego. “It’s a symbol of the many partners working together for the well-being of our community, and it helps to position the university for a new era of growth. We are prepared to build upon our tradition of academic excellence, to continue to provide student support, and to serve as a catalyst for further revitalization downtown.”

The decision to accept the Riverfront property comes two months after the University Of Michigan Board Of Regents gave approval to buy one of FirstMerit Bank’s downtown buildings for $6 million. The Riverfront is next door to the FirstMerit Bank building and is connected to it through an elevated bridge.

The Riverfront was built in 1981 and is a landmark downtown. It sits along the Flint River and Flint River Walk, and is directly across the street from the University Pavilion along Saginaw Street. It can house more than 500 students.

See the full press release here.

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