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
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.