Rendering of plans for the Mike Ilitch School of Business Wayne State University

Rendering of plans for the Mike Ilitch School of Business

$2.5 million donation will pay for business school auditorium at Wayne State University

Lear Corp. gift goes to the Mike Ilitch School of Business facility

Lear Corp. is donating $2.5 million to Wayne State University in Detroit to help construct an auditorium in the Mike Ilitch School of Business.

The Detroit Free Press reports that the auditorium will be part of the business school facility that is being built in between downtown Detroit and Midtown where the university is situated.

The Ilitch family, which founded Little Caesar's Pizza and owns the Detroit Tigers baseball team and the Detroit Red Wings hockey team, gave $35 million toward the construction.

The auditorium will be named for the Lear company.

Matt Simoncini, president and CEO of Lear, is an alumnus of Wayne State, and serves as president of the Wayne State University Foundation Board.

The university says the new Ilitch School building will serve more than 3,000 undergraduate and graduate students. Plans call for a building of about 120,000 square feet over three-and-a-half floors.

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