CONTACT: Stanford University News Service (415) 723-2558
Stanford alum Schwab, wife, make lead gift for GSB housing
STANFORD -- Plans to construct a 280-room center to house both Stanford graduate students and participants in executive education programs have been announced by the Stanford Business School.
Business School alumnus and Stanford trustee Charles R. Schwab and his wife, Helen, provided the lead support for the project. The structure will be known as the Schwab Residential Center.
Groundbreaking for the $28.3 million center will be held early next year. Construction is scheduled to be completed in the spring of 1997.
"The new Schwab Residential Center is a very important development for the Graduate School of Business," said Dean A. Michael Spence. "It will have a lasting impact on the school's collaborative learning environment. This will benefit future MBA students and other Stanford graduate students, many of whom will make use of the facility during the academic year, and it will give an essential boost to our efforts in executive education."
Currently, participants in summer executive programs, which last from two to six-and-a-half weeks, live in undergraduate dormitories. This has meant in the past that the majority of the 10 Business School executive programs held each year had to be scheduled in the summer, when dormitory space is available for the 500 participants.
Most MBA students currently live off campus. Since the center has been designed for joint use, many of the students now will have the option of living within walking distance of the school. Priority for residency will be given to graduate students in business, law and medicine.
The center will be located at the corner of Campus Drive East and Serra Street, and will displace the last of the Manzanita Park trailers, which were installed in the 1970s as "temporary" student residences.
The 158,000-square-foot complex will have 280 one-bedroom suites, each with a private bath, with access to shared kitchenettes. The center will feature several units of two to four stories, each with common spaces, indoor and out, designed to improve interaction among residents and to house education and social programs.
Indoor spaces will include small break-out rooms for group study and student meetings; computer clusters; and a library. Dining and laundry facilities will be included, and the complex will meet the requirements of the Americans with Disabilities Act. Like all new Stanford facilities, the complex will be fully networked to accommodate emerging technologies.
The design was selected through a competitive process, said David Neuman, university architect. Legorreta Arquitectos of Mexico City, in association with the Steinberg Group of San Jose, will design the complex. Ricardo Legorreta has designed a number of award-winning resort hotels, museums and conference centers. In 1992, he was awarded the National Award of Fine Arts in Mexico and the Architect of the Americas Prize.
"The design will build on the strength of the Stanford campus design vocabulary and will particularly feature innovative landscaping in the courtyards," Neuman said.
Photo available electronically by anonymous ftp at 220.127.116.11 under the filename "GSB housing."
This is an archived release.
This release is not available in any other form.
Images mentioned in this release are not available online.