Planned Building Set To House Nearly All First-Year Stanford GSB Students by 2016
The Stanford Graduate School of Business is building a new four-story structure that will allow the school to offer nearly all first-year MBA students on campus housing options for the first time in the school’s history.
The school plans to break ground on the 146,000-square-foot facility in fall 2014. The construction will adjoin the existing 158,000-square-foot Schwab Residential Center on Serra Street. The new building will add 200 new single-living units to the existing 280 units at Schwab, providing enough capacity to accommodate the approximately 400 MBAs who enter the school annually
“This new residential space allows us to offer a genuinely immersive experience to all of our incoming students and complete the vision for the Knight Management Center — a place where business school students can live, learn, collaborate, and connect with each other and with students from across Stanford’s other six schools,” said Garth Saloner, dean of Stanford Graduate School of Business.
This $75 million project will be funded by philanthropic gifts, operating revenues, and debt and lies adjacent to the Knight Management Center, which already includes a Town Square, café, public meeting spaces, library, classrooms and study rooms, conference center, Stanford Venture Studio, auditorium, and Arbuckle Dining Pavilion.
Legorreta + Legorreta and Steinberg Architects, the architectural firms who teamed up to design the beautiful Schwab Residential Center, are engaged to design the new residence. Site demolition was completed in March 2013. Design concepts are expected to be presented to the Stanford Board of Trustees in June 2014.
