The college is predicted to open in late 2025. Credit: Ben Molyneux via Shutterstock.

Construction has officially commenced on the University of Nevada, Reno’s new College of Business building in the US.

The start of the construction was marked by a ground-breaking ceremony held last month.

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Visitors and students will enter the building through the Gateway Plaza, an outdoor venue for special events and activities.

The five-storey, 128,000ft² project will be located next to a hotel and convention centre, all linked by the Gateway Plaza.

The site’s conference and dining facilities will hold significant regional events while the hotel will host business leaders from around the world.

Upon completion, guests will be offered access to a complete on-campus experience. The new building’s 300-seat auditorium will host business forums and speeches.

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College of Business dean Greg Mosier said: “It will be a place where our students can interact and engage with business leaders from throughout the community and from around the world.

“Academics, members of industry, entrepreneurs and students will collaborate here in the pursuit of our educational, research and outreach mission that directs us, to work together, to create a highly diversified, vibrant, technologically enhanced economy for all Nevadans.”

The new college, which is expected to open in late 2025, will include all the standard features expected of a modern, 21st-century business school.

The Collaborative Space will be a new section in the business building designed for collaboration and social engagement. It will be located on the ground level and available for multipurpose use.