Property & Construction

Oxford college receives $35 million donation towards Univ North completion

Published by
Stephen Emerson

University College, Oxford is to receive a $35 million donation to support completion of Univ North.

The project is being supported by philanthropist, Mr David Frederick who is a US attorney and University College alumnus.

The agreement between Mr Frederick, Baroness Valerie Amos, Master of University College, Oxford, and Chancellor Pat Gallagher, University of Pittsburgh, ensures the phased donation of $35 million to fund Univ’s transformational Univ North building development project.

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Univ North, a state-of-the-art, sustainable, intergenerational education and living space in North Oxford will be a second site for Univ. When complete, it will comprise up to 150 en-suite study bedrooms, a nursery with outdoor space for up to 54 children, café, gym, and study, meeting, and recital spaces.

Residents and staff at Univ North will benefit from the development and its landscaped gardens, rejuvenated heritage orchards, and an environment focused on wellbeing, sustainability and shared purpose.

The project is described by the university as the most ambitious building project in Univ’s history, since the Main Quad in the 17th century.

David Frederick said: “Sophie and I are delighted to participate in an innovative philanthropic model that benefits two important institutions where I spent many happy years as a student. Our agreement will ensure modern, multi-purpose facilities for University College, Oxford at a second site (Univ North), where students can flourish and deepen their sense of community with the College and City of Oxford.”

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The donation is underpinned by Univ’s 50-year commitment to distribute a proportion of the income generated from the completed Univ North development to the University of Pittsburgh Honors College, where Mr Frederick completed his undergraduate degree.

Mr Frederick said: “The University of Pittsburgh Honors College will derive substantial and enduring benefits from this arrangement. Our hope is that the project will enrich the educational experience in an inclusive way at both institutions for many decades to come.”

In addition, Mr Frederick has gifted a further $5 million to the Univ North project.

Valerie Amos, Master, said: “We are enormously grateful to David Frederick for his exceptional support and longstanding commitment to our College. Univ North will be transformational for Univ, enabling us to further realise our vision through our commitment to academic excellence, diversity and inclusion.”

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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