{"id":1004087714,"date":"2013-12-02T11:29:21","date_gmt":"2013-12-02T19:29:21","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=221833"},"modified":"2020-05-21T22:35:11","modified_gmt":"2020-05-22T06:35:11","slug":"skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\/","title":{"rendered":"Skanska to Start Construction on $57 Million Academic Building for Harvard Business School"},"content":{"rendered":"

By Veronica Grecu, Associate Editor<\/em><\/p>\n

Details of one of the key projects outlined by Harvard University in its revised 10-year Institutional Master Plan<\/a> (IMP) that was approved by the Boston Redevelopment Authority this fall were recently revealed.<\/p>\n

\"\"<\/a><\/p>\n

Harvard Business School campus map – Kresge Hall<\/p>\n<\/div>\n

The university\u2019s new Business School building will be developed by Skanska USA, the American development and construction arm of the Sweden-based Skanska Group. According to a news release from the company, the $57 million structure will replace the existing Kresge Hall, a three-story building in Allston (highlighted in HBS\u2019 campus map at right<\/em>) that has been used for decades for meals and reunions.<\/p>\n

With an official groundbreaking set for March 2014, the new educational facility\u2014named \u201cRuth Mulan Chu Chao Center\u201d to honor the $40 million gift received from the Dr. James Si-Cheng Chao and Family Foundation in October 2012 meant to support the new development project and secure fellowships for students of Chinese heritage\u2014is expected to open in May 2016.<\/p>\n

Designed by Goody Clancy architectural firm of Boston to achieve LEED certification, the four-story education center will serve as a hub for the more than 10,000 students who will attend executive education classes annually. The 87,000-square-foot building will be located near Soldiers Field Road. It will include classroom space, dining halls, offices and common areas.<\/p>\n

Harvard University\u2019s IMP for the next ten years also includes a new basketball venue with 3,000 seats, 250,000 square feet of new student housing and office\/academic space, a 200-room hotel with conference space, as well as a mixed-use office and retail building that will replace the existing Charlesview Apartments at the intersection of North Harvard Street and Western Avenue.<\/p>\n

Harvard Business School campus map via Harvard Magazine<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Details of one of the key projects outlined by Harvard University in its revised 10-year Institutional Master Plan (IMP) that was approved by the Boston Redevelopment Authority this fall were recently revealed.<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21742],"tags":[1815],"class_list":["post-1004087714","post","type-post","status-publish","format-standard","hentry","category-boston","category-latest","tag-national"],"acf":[],"yoast_head":"\nSkanska to Start Construction on $57 Million Academic Building for Harvard Business School - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skanska to Start Construction on $57 Million Academic Building for Harvard Business School\" \/>\n<meta property=\"og:description\" content=\"Details of one of the key projects outlined by Harvard University in its revised 10-year Institutional Master Plan (IMP) that was approved by the Boston Redevelopment Authority this fall were recently revealed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-02T19:29:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-22T06:35:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/11\/HBS-campus-map-Kresge-Hall.jpg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"Skanska to Start Construction on $57 Million Academic Building for Harvard Business School\",\"datePublished\":\"2013-12-02T19:29:21+00:00\",\"dateModified\":\"2020-05-22T06:35:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/\"},\"wordCount\":295,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/11\\\/HBS-campus-map-Kresge-Hall.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Boston\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-to-start-construction-on-57-million-academic-building-for-harvard-business-school\\\/\",\"name\":\"Skanska to Start Construction on $57 Million Academic Building for Harvard Business School - 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