Paramount Corporation Bhd today unveiled its masterplan to build Paramount Utropolis, a metropolis university, sprawled over 8.4 hectares (ha) in Glenmarie, Shah Alam, with a gross development value (GDV) of RM1.3 billion.

To be fully completed in seven years, the first phase would comprise the KDU University College campus, on which work had already begun.

"The first phase will be completed in the first quarter of 2015," said Executive Deputy Chairman Datuk Teo Chiang Quan.

Inspired by foreign universities such as Oxford, Cambridge and Melbourne, Teo said the KDU University College Campus would have the same essence so as to promote a learning neighbourhood and community.

"There will be open spaces, themed gardens and discussion cubes, along with nine fully equipped lecture halls that can house up to 250 students each," he said.