LYNCHBURG, Va. -

A medical school, three athletic stadiums, and an artificial ski slope. That's just a fraction of what Liberty University has built in the last five years.

We've told you how the school is spending a half-billion dollars to transform its campus.

The school is now starting to see a big return on its investment. School officials dedicated the new medical school Friday.

Liberty now has close to 14,000 students taking classes in Lynchburg. All of their on-campus residence halls are at capacity. Combine that with dozens of new buildings, and the school has a lot to celebrate.

With 144,000-square-feet of research and classroom space, Liberty University's new Center for Medical and Health Sciences is the largest academic building on campus.

Jeannie Rivers, chief of surgery at a Richmond-area hospital, says the new medical school will meet a critical need for doctors. Her father is the late Jerry Falwell, who founded LU.

"My dad had envisioned all of these things and we discussed having a medical school here one day. To see it all happening is very exciting,” Rivers said.

When Rivers attended Liberty in the 1980s, the school had less than 5,000 students.

Today, thanks to a successful online program, LU's total enrollment tops 100,000, with a record number living on campus.

"We have more students here now than we've ever had before - 13,800,” Liberty University President Jerry Falwell Jr. said.

This fall the school opened a new high-rise residence hall for students. Despite the extra capacity, nearly all of the on-campus dorm rooms are full.

"We have no male beds available. We've never been that full before and the best facilities are still yet to come," Falwell said.

The growth has allowed Liberty to build things most colleges could only dream of constructing -- a vehicular tunnel, a five-story parking garage, a three-story welcome center, and a $50 million library. All of those have opened since 2012.

New buildings for the science and music programs are under construction now and expected to open next year.

As the campus grows at a rapid pace, school leaders say their religious foundation won't change.
"Great institutions are not remembered for the composition and design of their buildings, or the land they stand on. They're remembered for what they stand for,” LU Medical School Dean Ronnie Martin said.

Liberty won't be out of dorm rooms for long.

The school has plans to build several more high-rise residence halls.

They hope the extra space will allow them to have 16,000 students on campus by 2020.