Charleston, South Carolina – A significant gift is on its way to the College of Charleston, and organizers believe it will allow the School of Business to expand into one of Charleston’s most historic places.
The College of Charleston announced on Saturday that it will receive a large gift from Beemok, Benjamin and Kelly Navarro’s family office, which officials say will allow it to expand its School of Business in “one of Charleston’s most iconic locations.”
According to Benjamin Navarro’s post on Beemok’s website, Beemok purchased the abandoned Carroll building at Market Street and East Bay Street. He claims the firm is now handing the land to the College of Charleston.
“We are inspired by the Navarro family’s act of generosity and stewardship,” states College of Charleston President Andrew T. Hsu. “This new site will allow us to build a best-in-class business school where students enjoy direct access to Charleston’s dynamic business environment.”
The College said the land will allow for the creation of a new world-class business school near Union Pier’s entrance, with the School of Business serving as the centerpiece of its future. The location will feature cutting-edge classrooms, collaborative areas, and unparalleled access to local and global business leaders.
“This is a game-changer for the School of Business,” says Paul Schwager, dean. “Strategically placing our School in the center of what will be one of Charleston’s most visible corridors will reinforce the College’s position as an integral part of the city and offer students more unparalleled opportunities for experiential learning, internships and community engagement.”
According to the College of Charleston, enrollment has already increased by 39% in recent years, and will reach 2,557 students by 2024.
