$24M Gift to CA Univ. Libraries.

Los Angeles, California's Loyola Marymount University has received $20 million for a new library from two foundations established by local real estate developer and philanthropist William Hannon. The donation is the lead gift for the new William Hannon Library, a project estimated at $44 million. The library will include collaborative study spaces with Internet access, a 24-hour study room, and other special areas designated for group use of music and video materials. Officials said nearly all paper-based resources will be housed in the automated storage and retrieval system (ASRS) unit, along with selected archival materials and a wide range of media formats. Hannon's foundation also will give Santa Clara University (SCU), located in Silicon Valley, $4 million for its new library.