Latest news with #RichardLundquist


Motor Trend
6 days ago
- Automotive
- Motor Trend
Did Your School Have a Classic Ferrari Hanging In the Lobby?
In the "now there's something you don't see every day" category, we today have this: a 1972 Ferrari 365 GTB/4, suspended from the ceiling—in a school. That's where this Ferrari lives now, after it was donated to McPherson College in Kansas by trustee Dr. Richard Lundquist. Since we highly doubt Dr. Lundquist couldn't find more suitable storage for the Ferrari, his gift is instead assumed to be a generous, gleaming cherry atop McPherson's newly completed student center. A 1972 Ferrari 365 GTB/4 is suspended from the ceiling of McPherson College's new student center, donated by trustee Dr. Richard Lundquist. The college is unique for its classic car restoration degree, with students' work recognized at prestigious car events. This summary was generated by AI using content from this MotorTrend article. Read Next If this seems kind of random to you, then you surely aren't aware of McPherson's College's distinction as the only institution of higher learning in America that offers a four-year degree specifically in restoring old cars. A 1953 Mercedes-Benz 300S cabriolet restored by students at the school won second in its class at the 2023 Pebble Beach Concours d'Elegance, in fact. And if you're sitting there wondering why on earth you got a history degree or went to business school or something instead of getting a formal education in bringing classic cars back to life, well, so are we. In any event, the Ferrari was hung in the student center's atrium, three stories up in the air, by a sort of platform. (So, no, the Ferrari isn't hanging by hooks or something—it's resting, seemingly by its wheels, on a special structure that is itself hung from the ceiling.) You can watch the Ferrari being hoisted up in the video below, and subsequently be jealous that your school didn't have something so awesome in its lobby.


Business Wire
6 days ago
- Automotive
- Business Wire
McPherson College Unveils Rare Ferrari Hanging From Ceiling as Centerpiece to New Student Center During Ribbon-Cutting Ceremony
MCPHERSON, Kan.--(BUSINESS WIRE)--Today, McPherson College, located in McPherson, KS, officially opened its new student center – the Campus Commons – with a ribbon-cutting ceremony. As part of the event, a rare 1972 Ferrari 365 GTB/4 Daytona was lifted to the ceiling of the atrium, where it will serve as a striking centerpiece of this landmark building. The multi-level, 55,000-square-foot building features new dining options, a coffee shop, campus store, student collaboration and lounge spaces. As the only college in the U.S. offering a four-year degree in automotive restoration, it was fitting for McPherson College to showcase a unique classic automobile in its new building. The Daytona Ferrari, ranked by MotorTrend as the second greatest Ferrari of all-time, was donated in 2022 by California's Dr. Richard Lundquist, a Giving Pledge philanthropist, real estate developer, car collector, and McPherson College Trustee. Lundquist, the chief executive officer of Continental Development Corporation and one of California's most respected real estate owners and developers, along with his wife Melanie have been longtime supporters of the college, having committed $50 million. The Ferrari is one of the last models manufactured by Ferrari before the company founder and namesake, Enzo Ferrari, sold the company to Fiat. The two-seat grand tourer was designed by Pininfarina and built by Carrozzeria Scaglietti. 'I am honored that my Daytona will be the first car to hang from the ceiling of Campus Commons,' said Richard Lundquist. 'McPherson College and I have collectively owned this Ferrari Daytona for over fifty years. There is no greater home for this car than at McPherson College – and I am pleased that the students here can enjoy the car as much as I have. I also look forward to the day when my car is replaced by another, allowing McPherson students in the automotive restoration program the opportunity to meticulously restore the Ferrari.' McPherson College is recognized for its automotive restoration program, which is producing the next generation of automotive restorers. Graduates secure positions at some of the world's top car collectors, museums, and restoration companies. Their students won second in class in the 2023 Pebble Beach Concours d'Elegance with an entirely student-restored 1953 Mercedes-Benz 300S Cabriolet. The new Campus Commons at McPherson College is part of a larger expansion effort by the college, which has seen campus size increase by 20% with nearly half of all existing buildings renovated since 2022. These renovations include all student dormitories, as well as athletic facilities, science labs, general education classrooms, and computer labs. 'This is a historic day for McPherson College. We have been rapidly expanding our campus to give students the best possible experience, and the Campus Commons will serve as a vibrant hub for our community,' said McPherson College President Michael Schneider. 'I am grateful to Richard and Melanie Lundquist for their continued generosity and support. When Richard donated his favorite classic car to McPherson College, he helped me fulfill my promise that someday there would be a Ferrari in our automotive restoration program.' In addition to the added dining and student amenities, Campus Commons will include a center for career and experiential learning, including the Student Debt Project, as well as a welcome center for prospective students and one-stop enrollment service to better serve students. The construction was completed by Dondlinger Construction, a Wichita-based construction company who have built and managed some of the most notable projects in Kansas since 1898. The Campus Commons' 'prairie-inspired' design is a homage to its Kansas roots, featuring a bright, glassy atrium that connects all three floors and showcases the Ferrari, honoring the college's Automotive Restoration program. The exterior of the building blends glass, metal, and wood with stone stair towers. Watch a time-lapse video of the car getting raised in the new building here. Editor's Note: Video footage and photos from the event can be found here. Photo and video credit: McPherson College. About McPherson College McPherson College offers more than 30 undergraduate degree programs to its more than 800 students, representing 33 states and seven countries. Its nationally renowned Automotive Restoration Technology degree program has earned the support of car collectors, including icon Jay Leno. In August 2023, its students competed and won second in class in the Postwar Luxury category at the Pebble Beach Concours d'Elegance, one of the automotive world's signature events. For more information, please visit:


Los Angeles Times
07-02-2025
- Entertainment
- Los Angeles Times
After shuttering in the pandemic, an ArcLight theater gets a second act
After going dark in the early days of the pandemic, a former ArcLight theater in El Segundo will reopen with a new owner and name next week as a luxury cinema intended to pry movie viewers off of their couches at home. Following $10 million in upgrades, CinemaWest Beach Cities will have 16 screens and a Pink's Hot Dogs restaurant that will serve alcohol and also be open to non-moviegoers. It will be the 18th location for CinemaWest, a Petaluma-based theater chain that operates cineplexes in California and Idaho, and a flagship location for the company 'on par with private screening rooms at major studios,' owner Dave Corkill said. CinemaWest Beach Cities will be the first theater to open in Los Angeles County in 2025 and one of only a handful that may open this year, according to IJM Enterprises, a movie theater development consultant. With moviegoing habits scrambled in the age of streaming, movie theaters have lost some of their luster as anchor tenants at shopping malls and other commercial centers. CinemaWest's landlord, though, is banking on the theater being a key draw at Continental Park, a 100-acre commercial development with 3 million square feet of office space, restaurants, shops and a hotel. 'I don't believe that a movie theater is the key to attracting office tenants,' landlord Richard Lundquist said, 'but I do feel that the movie theater attracts restaurants, which then attract office tenants, so they all go hand in hand. I do feel it will draw business.' Lundquist is chief executive of Continental Development Corp., which developed the sprawling complex that straddles Rosecrans Boulevard in the cities of El Segundo and Manhattan Beach. Other new additions to Contintental Park are an Erewhon market set to open next month and Mattel's television and movie production studios that will open in late spring, he said. In keeping with a movement across the theater industry, CinemaWest Beach Cities will offer features that mimic the experience of watching a movie at home such as reclining seats. But it will also have elements available only in a commercial setting such as a 4DX theater that will incorporate on-screen visuals with a variety of motion seat effects, scents, and such environmental effects as rain, lightning, fog and wind. Construction on that theater is expected to be completed next month. There is also a theater with an expansive screen format called ScreenX, a multi-projection system with a 270-degree field of view that extends the image across the main screen onto the theater right- and left-side walls that is intended to immerse the audience in the movie. It also has a giant-screen theater with Dolby Atmos surround sound. Pink's, a well-known Los Angeles restaurant in the Fairfax District, will open a branch at the theater serving hot dogs, hamburgers and milkshakes. It will also have a full bar. ArcLight launched in 2002 at the Cinerama Dome in Hollywood with a pioneering luxury experience that has since become more mainstream. ArcLight had 11 locations, including six in the Los Angeles area, which closed in March 2020 as theaters were ordered shut for the pandemic. ArcLight management announced in April 2021 that it would not reopen its theaters. The CinemaWest theater opening is a bright spot in a rough period for the movie business. L.A.'s film production community recently finished an unsettling year as 2024 marked the second lowest level of production in Los Angeles ever, according to the nonprofit agency FilmLA. It topped only 2020, the year of pandemic-related shutdowns.