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University College Dublin (Irish: Coláiste na hOllscoile, Baile Átha Cliath), commonly referred to as UCD, is a public research university in Dublin, Ireland, and a member institution of the National University of Ireland. With more than 38,000 students, it is Ireland's largest university. UCD originates in a body founded in 1854, which opened as the Catholic University of Ireland on the feast of St. Malachy with John Henry Newman as its first rector; it re-formed in 1880 and chartered in its own right in 1908. The Universities Act, 1997 renamed the constituent university as the "National University of Ireland, Dublin", and a ministerial order of 1998 renamed the institution as "University College Dublin – National University of Ireland, Dublin". Originally located at St Stephen's Green and Earlsfort terrace in Dublin's city centre, all faculties later relocated to a 133-hectare (330-acre) campus at Belfield, six kilometres to the south of the city centre. In 1991, it purchased a second site in Blackrock, which currently houses the Michael Smurfit Graduate Business School. A report published in May 2015 asserted that the economic output generated by UCD and its students in Ireland amounted to €1.3 billion annually.