Drexel University Receives $8 Million for Korman Center Makeover

Drexel University in Philadelphia has announced an $8 million gift from the Hyman Korman Family Foundation for renovations to its Korman Center building.

The gift will be used to expand and repurpose much of the building and create a campus quad in front of and around the center. Built in 1958, the center received its current name in 1977 when the mid-century building was dedicated in honor of alumnus Max Wm. Korman ('29) and his brother, alumnus and trustee Samuel J. Korman ('34). In addition to giving the center a new look, the renovation will enhance the links between learning and high-tech connectivity at Drexel and will dramatically improve the campus atmosphere. Construction is expected to begin in June 2016 and be completed by fall 2017.

"We are incredibly excited to move forward with a new vision for the Korman Center and its surrounding environment," said Drexel president John A. Fry. "The combined building and public space transformation will elevate the Korman Center and serve as another example of Drexel's ascendance into the ranks of America's top universities. The Korman Family has been part of the Drexel Family for decades, and we are extremely grateful to the Hyman Korman Family Foundation for a gift that will improve the experience of Drexel's students, faculty and professional staff."