OREM — Scott C. Keller, president and CEO of Keller Investment Properties, and his wife and business partner, Karen Keller, will donate $10 million to complete funding for the planned Woodbury School of Business Building at Utah Valley University.
In acknowledgment of the gift, the new structure will be named the Scott C. Keller Building. A groundbreaking for the building will be held at 1 p.m. on Monday, Nov. 11.
“The Kellers’ generosity is both awe-inspiring and humbling,” UVU President Astrid S. Tuminez said in a statement. “Their gift will make our new business building a reality, and will help launch the business careers of thousands of UVU students now and in the future.”
The building will occupy 205,000 square feet on the south side of the Orem campus and will house the Bloomberg Lab, Entrepreneurship Institute, Money Management Resource Center, SmartLab, and a grand auditorium for lectures and special events. Classrooms will be outfitted with lecture-capture technology to help students learn remotely.
Over the past 35 years, Keller Investment Properties has become one of the largest single private apartment investment companies in the western U.S. The Kellers also have investments in retail centers, student housing, senior housing, assisted living, private equity, ranches, fish hatcheries, storage units, luxury home construction and a golf course.