Rowan University will use its share of funds from a new $750 million higher education bond toward a second engineering building and a new building for the Rohrer College of Business on the main Glassboro campus.

The college Board of Trustees approved an updated master plan Wednesday that also includes expanding the Academic Center at the Rowan School of Osteopathic Medicine in Stratford, which becomes part of Rowan on July 1 under the New Jersey Medical and Health Sciences Restructuring Act. A new health sciences building in Camden could also be built in conjunction with Rutgers University.

Rowan spokesman Joe Cardona said they don’t yet know how much the college will get from the bond, approved by the voters in November. The college must put up 25 percent in matching funds, and the exact determination of what gets built will depend on the amount of funding provided by the state.

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The trustees also approved $1.6 million for furnishings, fixtures, signage and equipment for the new building under construction on Rowan Boulevard. That site includes a parking garage, classrooms and retail space. It is being built by a private developer. Rowan will lease the academic space and two levels of parking.

The building, located between Barnes & Noble and the new Marriott Hotel and Conference Center, is part of a $300 million Rowan Boulevard private/public partnership with Rowan, the Borough of Glassboro and private builders. An 18-mile light rail line connecting downtown Glassboro and the Camden campus has also been proposed using existing Conrail tracks.

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