LEXINGTON, Ky. (WKYT) - The University of Kentucky received the largest donation in its history to fund a new arts district on campus, according to UK Spokesperson Jay Blanton.

In a press release on UKNow, Blanton said the $150 million donation would help fund the construction of a new College of Fine Arts Building, a several-hundred seat theater and a pavilion with a park.

UK’s Board of Trustees accepted the gift from The Bill Gatton Foundation on Tuesday, Dec. 2.

According to the university’s Office of the President website , UK is hoping to complete construction by 2030, with the design and planning process already underway.

More information about the donation and ongoing project can be found here .

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