The Armand Hammer Alumni-Student Center at Oral Roberts University was dedicated Friday, Feb. 1, 2013.
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TULSA -- Oral Roberts University dedicated a $12 million student and alumni center Friday and school leaders say it represents a major turnaround at the Tulsa evangelical university.
Leaders opened the Armand Hammer Alumni-Student Center Friday, marking the first major construction project in more than 30 years on campus.
The 28,000-square-foot center was built debt-free.
Only a few years ago, the school was tens of million dollars in debt, then-president Richard Roberts resigned amid a financial scandal and the 1960s-era campus looked worse for wear.
But thanks to billionaire Oklahoma City businessman Mart Green, heir to the Hobby Lobby craft supply store fortune, the school paid off $55 million in debt and made $40 million in renovations.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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