CEU TO LAUNCH BUDAPEST CAMPUS REDEVELOPMENT

November 28, 2012

Budapest, November 28, 2012 – Central European University (CEU) is initiating a campus redevelopment project as part of a new five-year strategic plan to strengthen the University. The plan calls for broadening CEU’s humanities fields, reinforcing the social sciences, building a school of public policy, revitalizing CEU Business School and integrating it into the University, and redeveloping the campus.

The campus redevelopment involves renovation and new construction of approximately 35,000 square meters at its downtown Budapest campus. With groundbreaking scheduled for late 2013 or early 2014, the project will consolidate the University's academic and administrative operations, currently located in CEU-owned and rented properties on both sides of the Danube River.

The project includes six contiguous CEU-owned buildings and one vacant site on the University’s downtown block. Expected to span five years, the project will create a modern, sustainable, and cohesive urban campus that provides sufficient space for study, teaching, research, easy interaction among community members and visitors, and room for small planned growth in student and faculty populations.

The fully developed campus (on the Pest side of the Danube) will integrate CEU Business School and the Department of Cognitive Science (currently on the Buda side) and CEU’s new School of Public Policy.

The master plan provides for adding and updating classrooms and faculty offices, expanding and improving research space for doctoral students, creating common spaces for group work or quiet study, replacing old mechanical systems, improving library technology, and installing new infrastructure to enable a major upgrade in information technology Universitywide. In line with CEU’s sustainability policy, the plan also calls for implementing building technologies and systems that are expected to reduce CEU’s energy consumption by one-third.

Dublin-based architectural firm O'Donnell & Tuomey, selected from a field of 79 competitors, will manage the work in tandem with Hungarian partner M-Teampannon. Both firms have extensive experience in designing educational buildings.

“This project combines the innovation and openness that are characteristic of CEU with a commitment to integrate the University with its Hungarian home,” said President and Rector John Shattuck. “The campus will offer a dynamic environment for the diverse people we attract from around the world, while preserving important architectural assets in downtown Budapest and engaging more members of the public at large.”

Much of the redevelopment will take place behind existing street facades, preserving the architectural character of the district and the city. CEU’s location in a World Heritage buffer zone demands compliance with architectural conservation regulations. At the same time, emphasis will be placed on innovative and functional interior architecture and design.

Central European University is a U.S. and Hungarian accredited institution of graduate education specializing in the social sciences and humanities, public policy, and business. It seeks to contribute to the development of open societies in Central and Eastern Europe, the former Soviet Union, and emerging democracies worldwide through an educational system rooted in the creative, critical, and comparative examination of ideas. CEU is an advanced center of research and policy analysis that facilitates academic dialogue while preparing its graduates to serve as leaders and scholars.

Media contact:

Colleen Sharkey

Media Relations Manager, International

sharkeyc@ceu.hu

+(36-1) 327-3000 extension 2321

Mobile: +36 30 916 2273