Indiana University
Office of Communications and Marketing

IU to hold groundbreaking ceremony June 14 for Kelley School's Corporate and Graduate Center

June 6, 2000

BLOOMINGTON, Ind. -- Indiana University soon will have a state-of-the-art complement to its Kelley School of Business. The university will officially break ground for the $34 million Corporate and Graduate Center on June 14 at 1:30 p.m. at a ceremony on the lawn west of the Health, Physical Education and Recreation Building.

The 181,500-square-foot structure will be located at the corner of Tenth Street and Fee Lane, directly across from the existing building on the Bloomington campus. Slated for completion by fall 2002, the Corporate and Graduate Center and parking facilities comprise the first phase of a larger construction project. Phase II will include renovating and updating the existing Kelley School building and constructing a new auditorium complex.

"The Corporate and Graduate Center is an eloquent testimony to what Indiana University, in concert with its many friends, can accomplish -- how it can continually improve, how it can provide a leading-edge environment for its exceptional faculty and even greater opportunity for its outstanding students," said Dan Dalton, dean of the Kelley School of Business.

The center will house the Kelley School's MBA and Accounting Graduate Programs offices and classrooms; Kelley Executive Partners facilities; research centers and institutes; and interview facilities for Graduate Career Services, which is visited by more than 650 firms each year that recruit Kelley MBA students.

Among the many innovations featured in the center will be enhanced connections, through some 2,600 data ports, for Internet research, distance education and video-conferencing. A sophisticated trading room, powered by four research data bases, will allow MBA students unparalleled research capability and will allow them to execute real-time stock transactions.

The existing building and the Corporate and Graduate Center will connect by means of a transverse section spanning Fee Lane. This multistory wing will house administrative office space.

Cisco Systems, IBM and Sun Microsystems have pledged their information technology engineers and architects to ensure that teaching and classroom space, break-out rooms, and computer labs will be at the leading edge of educational and communications technology, Dalton said.

The Corporate and Graduate Center was designed by Beyer Blinder Belle Architects and Planners LLP, New York. Some of the firm's noteworthy projects include restoration of Grand Central Terminal in New York and restoration and renovation of the main building on Ellis Island as a national museum. BSA Design in Indianapolis, one of the Midwest's most prominent architectural firms, serves as project architect.

The Kelley School of Business, through more than 75 years of innovation, continues to maintain its visibility as one of the country's premier business schools. Its undergraduate program is ranked among the top 10 in the country. Its MBA program has been cited in Business Week as one of the favorite schools for corporate recruiters looking for general managers, marketing talent and finance graduates.

Other definitive publications, including U.S. News & World Report, Money and Princeton Review, have recognized various Kelley programs as among the best. The school's doctoral program, which also contributes to overall teaching and research excellence, has sent more than 1,000 doctoral graduates to key positions in industry and academe.

(George Vlahakis, OCM, 812-855-0846, gvlahaki@indiana.edu or Margaret Garrison, Kelley School of Business, 812-855-3369, magarris@indiana.edu)


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