As Villanova University begins a $1 billion fundraising campaign, it is hoping to spend $200 million on new capital projects, writes Kennedy Rose for Philadelphia Business Journal.

In the works is a $125 million renovation to the Center for Engineering Education and Research.

Another 150,000 square feet of lab space, classroom, and faculty offices are planned.

Major renovations costing between $60 and $70 million are planned for the Falvey Memorial Library to connect the “nooks and crannies” of the library’s two separate buildings.

A decision to renovate or demolish and rebuild hasn’t been decided, said Villanova President Rev. Peter Donohue.

Donohue is holding true to his vision of expanding the university to meet the needs of its nearly 11,000 students.

“It’s a process of change, and change is difficult, but it’s necessary,” Donohue said. “And I think it is important for us to continue to see how much better we can be.”

Villanova has already spent $65 million in capital projects renovating The Finneran Pavilion and building The Commons, a multi-use residential complex. It also spent $60 million on the John and Joan Mullen Center for the Performing Arts.

Read more about Villanova University in the Philadelphia Business Journal.

Here’s a promotional video from Villanova University about its strategic plan that stretches to 2030.