ChicagoismynewBlog

Roosevelt University’s major dormitory expansion project in The Loop!

Posted by ChicagoismynewBlog! on May 22, 2009


Roosevelt’s big project
School wants $125 million, 32-story tower to start by summer

05/20/2009 10:00 PM

By MICAH MAIDENBERG
Editor

Roosevelt University is seeking to build a 32-story structure at 421-25 S. Wabash Avenue on the footprint of the Herman Crown Center, which will be demolished.

Assuming various city approvals and permits fall into place and financing for the $125 million project is secured, construction could begin as early as the summer, according to Roosevelt president Charles Middleton.

Middleton said the building, envisioned as a multi-use anchor for the private university in the South Loop, is “entirely doable financially” though he declined to discuss financing specifically, citing ongoing discussions with the school’s board.

“It’s going to be an iconic building. But that’s not why we’re building it. We’re building it because it has the functionality we need,” he said.

The structure would include a new student union for Roosevelt, more space for student groups and programs, more classrooms and more lecture halls.

The article goes into further detail so if you would like to read it in its entirety, check out the article at Chicago Journal.

Roosevelt

The article also talks about plans for an additional, non-related building in the empty surface parking lot to the left of the proposed dormitory that you can see in the picture below.  These plans are great for bringing money and people, not only The Loop, but for Chicago as a whole.  It’s also great that downtown Chicago’s universities are getting away from the commuter school stereotype and are now geared more towards a traditional college experience.

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