Through the Transportation Enhancement Act of the 21st Century, an $800,000 grant from the Mississippi Department of Transportation was awarded to help with the depot's preservation and restoration. The City of Oxford and the University of Mississippi jointly submitted the grant application to MDOT, with the UM Foundation providing the $200,000 matching credit. The University thanks the First National Bank in Oxford for its generous support of the depot renovation and operation of the restored facility
The exterior renovation and interior rehabilitation of the Ole Miss-Oxford Depot was desinged and overseen by Belinda Stewart Architects, P.A. of Eupora, Mississippi, which has overseen a variety of preservation projects throughout the region, including depot procets in Canton, Flora, and Eupora, Mississippi. Each step of the project in Oxford was approved by regional and state Mississippi Department of Transporation offices, the Federal Highway Administration, and Mississippi Department of Archives and History.
Renovation of the Ole Miss-Oxford Depot was executed by historic preservation specialist Kenneth Dillion of Dillion Construction Co. of Carriere, Mississippi. In addition to railroad depots in Oxford and Quitman, the company has helped renovate more than a dozen historic sites including the courthouse in Reinze, Smith Robinson Museum in Jackson, the jail in Athens, and historic schools in Houlka.
Misssissippi Heritage Trust Award
The renovation project received a Heritage Award of Merit from the Mississippi Heritage Trust. The award, which recognizes the hard work and dedication reflected in the preservation of the historic building, is one of fourteen given in 2004 for preservation projects in Mississippi.
Renovation and Planning Committee
Gloria Kellum, Chair