Kellogg School of Management breaks ground on state-of-the-art education facility
EVANSTON, Ill., May 15, 2025 /PRNewswire/ -- The Kellogg School of Management community gathered on May 14, 2025, for a groundbreaking ceremony for a new state-of-the-art building that will offer seamless hybrid instruction and global engagement through cutting-edge technology. The building, designed to integrate students, faculty, alumni and business leaders around the world, will cement Kellogg's position as a world-renowned business school and leader in innovative education for MBA and Executive Education programs. The ceremony marked the beginning of an exciting new chapter for Kellogg, bringing together leadership, donors, alumni and dignitaries to turn the soil and celebrate.
The new building is an important addition to Northwestern and will establish a Kellogg campus for the institution in Evanston. Connecting through an underground corridor to the Kellogg Global Hub, the new building will create a 'One Kellogg' experience, uniting Kellogg's portfolio of degree and Executive Education programs.
'This is a momentous occasion in Kellogg's history. The new building will enrich the student experience across our programs and grow the impact Kellogg has on the world,' said Dean Francesca Cornelli. 'Not only will it be a beautiful structure, but it will introduce new opportunities for innovation in business education and embody our vision and strategy as a premier business school.'
The building is the centerpiece of and funded by Kellogg's Full Circle Campaign, an ambitious $600 million fundraising initiative that will also support faculty research, student scholarships and curricular innovation. To date, the building is nearly 75% funded, through a combination of allocated funds and gifts from generous Kellogg supporters, many of whom attended the ceremony on campus.
'Today's event marks an important milestone for Northwestern and the Kellogg School of Management,' said President Michael Schill. 'We are driving critical research and teaching that will have a profound impact on business and society. This new building will enhance our ability to support important initiatives and will elevate Kellogg's profile even further.'
Northwestern and Kellogg leadership, University trustees, members of Kellogg's Global Advisory Board, and Full Circle Campaign donors attended the ceremony. Supporters of the University, Kellogg and the new building shared remarks and participated in the ceremonial turning of the soil, including chair of the Northwestern University Board of Trustees Peter Barris '74 ('11, '18 P); and his wife Adrienne Barris ('11, '18 P); Trustee Bon French '75, '76 MBA ('07, '21 P); Trustee Chris Galvin '73 '77 MBA ('11 P); Trustee Kimberly Querrey ('22, '23 P); Stephen Reyes '13 JD, MBA; Kathryn Park Schuldt '91 MBA; Trustee Gordon Segal '60 ('93 P); and Trustee Michael Shannon '83 MBA ('10, '15 P).
Vision for the new building
The state-of-the-art facility will replace the James L. Allen Center on the Evanston campus. Built with global collaboration in mind, the building's technology and classrooms will bring together students, industry leaders and alumni from around the world. It will double the seating capacity of the Allen Center and is expected to open its doors in fall 2027.
Construction progress to date
Significant milestones have already been achieved in the construction process. The demolition of the Allen Center was completed ahead of schedule and sustainably, with concrete from the foundations, slabs, and walls processed and reused to make construction roads and working pads.
Next phases of construction
As the project moves forward, construction will focus on earth retention and de-watering, mass excavation and the completion of underground utilities. After that, the concrete structure buildout will begin, including the erection of a tower crane and the shaping of elevator and stair cores. A dedicated crew will connect the Kellogg Global Hub to the new building through the underground corridor, connecting Kellogg's flagship buildings.
Photos from the groundbreaking ceremony and a new model of the Kellogg building can be accessed here.
Media contact: Mary Naset / [email protected]
View original content to download multimedia: https://www.prnewswire.com/news-releases/kellogg-school-of-management-breaks-ground-on-state-of-the-art-education-facility-302456982.html
SOURCE Kellogg School of Management
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CBS News
a few seconds ago
- CBS News
Denver Broncos extend contract of veteran wide receiver Courtland Sutton
A big deal is finally done for the Denver Broncos. Wide receiver Courtland Sutton and the team have agreed to a four-year extension that's going to keep him under contract until 2029. The deal is worth $92 million and $41 million of that is guaranteed. The deal is a winner for both sides. It gives Sutton, who turns 30 this season, a raise that equates to about $10 million a year. And it's not breaking the bank for Denver. With what will be an average of $23 million a year for Sutton, it makes him the 18th highest paid receiver in the NFL. Sutton has had his best two seasons of his eight-year pro career under coach Sean Payton, who arrived in Denver in 2023. Sutton caught a career-best 81 passes for 1,081 yards and eight touchdowns last season, his first 1,000-yard campaign since 2019. He had a career-high 10 TD catches the year before. The veteran wideout will earn an average of $23 million in his new deal, much more in line with upper-echelon wide receivers across the NFL. His last deal included a $14 million salary for its final year in 2025. Sutton has been a limited participant in training camp as his agency and the Broncos negotiated the new contract. After the team's first full-padded practice Monday, Payton said, "Well, he's gotten reps. He's gotten limited reps. And I think we're ... real close on the contract." Then in the evening on Monday the team made the contract extension official. Payton expressed no concern that Sutton hasn't had his full complement of snaps so far with second-year quarterback Bo Nix. "Not with a veteran like Courtland," Payton said. "He's real smart. Here's the deal, he's been participating in all the individual, all the 1-on-1, he's gotten 7-on-7 work, he's gotten team reps. He's just being smart. It would be different if you felt like he was missing improvement or not being out here or just being out here riding the bike or something. I kind of know that player well enough to feel real good about where he's at and his mindset, both mentally and physically." Other veterans who are angling for new deals this summer include defensive lineman Zach Allen and rising star linebacker Nik Bonitto.


Bloomberg
a few seconds ago
- Bloomberg
Bloomberg Daybreak Asia: Markets Slip as Tariff Sentiment Cools
Asian stocks slipped after a flat session on Wall Street, as investors stayed cautious amid a week packed with economic data and corporate earnings. The MSCI Asia-Pacific gauge dropped 0.7%, a third consecutive day of decline. The dollar steadied Tuesday after climbing the most since May in the prior session. The S&P 500 briefly topped 6,400, but closed little changed. Oil held its gain after President Donald Trump pushed for Russia to reach a swift truce with Ukraine or face potential economic penalties. We talk markets with Vance Howard, CEO and Portfolio Manager at Howard Capital Management. Plus - Commerce Secretary Howard Lutnick says a 90-day extension of a trade truce with China was a likely outcome with negotiations between the two countries underway in Stockholm. Lutnick's comments followed the start of a new round of talks between the world's two largest economies - this time in Stockholm, where Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent led the respective delegations. Earlier rounds saw Washington and Beijing agree to reduce tit-for-tat levies and ease export controls on certain technology and rare-earth minerals, easing tensions that had rattled financial markets as Trump moves to enact a sweeping tariff agenda. We get perspective from Marc Franklin, Managing Director & Senior Portfolio Manager, Asset Allocation, Asia at Manulife Investment Management. He speaks with Bloomberg's Shery Ahn and Avril Hong on The Asia Trade.


New York Times
a few seconds ago
- New York Times
Colts, LT Bernhard Raimann agree to 4-year, $100 million extension: Source
The Indianapolis Colts and left tackle Bernhard Raimann have agreed to a four-year, $100 million contract extension, a league source confirmed to The Athletic on Monday night. The deal includes $60 million guaranteed. Raimann, a 2022 third-round pick, receives a massive raise four days after he joined 107.5 The Fan's 'Query & Company' and said the Colts and his agent, Chase Callahan of Excel Sports Management, weren't 'on the same page' financially regarding a potential extension. Advertisement 'From my understanding, it's that the numbers don't always quite add up yet,' Raimann said. 'They might value the position differently than my team thinks it is, but we're working on things.' They were able to smooth things over pretty quickly. Raimann is entering the final year of his four-year, $5.3 million rookie deal. When his new contract kicks in next season, his annual salary of $25 million will be the sixth highest among all NFL offensive tackles, per Spotrac. This story will be updated.