Nido strikes again, $900 million over 10 years

High Point University announced this morning a college of health sciences. It will include physician assistant, physical therapy, occupational therapy and pharmacy programs. The heck with UNC politics I suppose. Also a 5500-seat arena, a men’s lacrosse program and an “inevitable” football team once land is found.

http://www.myfox8.com/news/wghp-story-hpu-announcement-100915,0,7243582.story

That’s one heck of an alumnus right there. We would have plenty of money for football and would already be the University of Charlotte with Nido at the helm.

Bump for Phil Dubois and his peeps to see. Sometimes it’s hard to see you guys under Qubein’s ever-growing shadow.

All I can say is congratulations to them for having such a wealthy and generous benefactor. Must be nice.

A leader with vision for the future and a respected voice in the community.

Must be nice.

That’s outstanding. I’m jealous.

This says 2.1 billion…

http://charlotte.news14.com/content/local_news/triad/630441/high-point-university-will-invest–2-1-billion-over-10-years

really incredible. Maybe we should just go private.

LEADERSHIP. What a concept.

Say this for Nido, he’s got guts.

Where the hell are they getting the money?

LEADERSHIP. What a concept.

Say this for Nido, he’s got guts.[/quote]

He is a good leader, but when you’re the one ponying up that kind of dough people become a lot more receptive to whatever you want to do. :wink:

It’s from Nido and his business(s). No idea how he makes it. I read his bio once and was more confused about what he did to get his fortune than before I read the piece.

He runs an international consulting firm, which huge corporations utilize over and over. That = big bucks. Not only that, he’s the Chairman of Great Harvest Bread Company, Financial Director of BB&T, and serves on the board of La-Z-Boy.

http://en.wikipedia.org/wiki/Nido_Qubein

[quote=“Ninerballin, post:11, topic:23916”]He runs an international consulting firm, which huge corporations utilize over and over. That = big bucks. Not only that, he’s the Chairman of Great Harvest Bread Company, Financial Director of BB&T, and serves on the board of La-Z-Boy.

http://en.wikipedia.org/wiki/Nido_Qubein[/quote]

Yeah, he’s quite an interesting guy. I had the chance to meet him several years ago. He came to the US with basically nothing and worked his way up. I admire the man.

$300 million has been spent recently. The next phase is $900 million to make it $2.1 billion over 10 years. The UNC Charlotte administration would (and could) never generate this kind of media attention.

So far, HPU has invested $468 million for major improvements, including 28 new buildings, classrooms, learning centers and more than 100 campus innovations.

Despite the size of the plan, HPU can expand without adding to the $150 million construction debt portfolio, Qubein said.

No borrowing is needed,” he said. “We will do it with fundraising.”


CAMPUS EXPANSION High Point University sets sights on basketball arena, High Point Enterprise
High Point University expands growth plan to $2.1 billion, Greensboro News-Record
High Point University Announces Health School, New Arena, WGHP
High Point University Planning Expansion, WXII
High Point University To Expand Growth Plan To 2.1 Billion, WFMY
High Point University will invest $2.1 billion over 10 years, News 14
HPU Expands Its Growth Plan to $2.1 Billion, High Point University

[size=12pt]“At High Point University we believe if you think big, you dream big, you work hard and you execute everyday, good things will come your way.” – Dr. Nido Qubein[/size]