Cambridge, Mass., October 25, 2001 — MIT President Charles M. Vest has announced the site for a set of buildings that will become the heart of activities at the MIT Sloan School of Management. The site, with a courtyard overlooking the Charles River, is between Memorial Drive and Main Street, adjacent to the present MIT Sloan School building at 50 Memorial Drive, Cambridge.
"This is an exciting step we've taken in the process of planning our new space,” said MIT Sloan Dean Richard Schmalensee. “This site will enable us to create a world-class facility for management education and research on the MIT campus. It will become the eastern gateway into MIT. Its location allows us to maintain our close connections to the other schools at MIT -- one of MIT Sloan's primary strengths."
President Vest said, “The MIT Sloan School is now spread out in many locations -- a situation which naturally inhibits the cross-disciplinary exchanges that characterize MIT. I'm delighted that the buildings will bring together in one place the MIT Sloan School of Management and the Department of Economics, a natural pairing. “
The site will give MIT Sloan a strong presence within MIT and the Cambridge and Boston communities. The site was selected after the team of Moore Ruble Yudell Architects & Planners and Sasaki Associates reviewed several options.
The development, pending approval of the City of Cambridge, will face Main Street, occupying the current MIT Sloan parking lot. It will require the relocation of the Dibner Institute for the History of Science and Technology and its distinguished Burndy Library, currently housed at 38 Memorial Drive in a three-story MIT building which would be taken down under the plan.
In selecting the site, MIT and the architects evaluated the potential of other alternatives -- looking to each to see possibilities for providing a central “heart” of interaction for the school, with meaningful open space and ample classroom and office space.
In recent years, MIT Sloan has had its offices, classrooms and research centers dispersed among nine buildings. It became clear that a more integrated environment would enhance interaction among students and faculty, and in 1997 initial discussions on new building development were begun.
The next step will be design. The architects will develop different conceptual options for the site, working to develop a sensitive connection to the Kendall Square technology area and the rest of MIT.
The interiors of the buildings will be designed to accommodate current and future needs including future instructional technologies. It will provide MIT Sloan with a state-of-the-art environment for its students and faculty.
Dean Philip Khoury of the School of Humanities, Arts, and Social Sciences commented, “Our School is committed to maintaining the important intellectual ties that the Department of Economics shares with the MIT Sloan School of Management. We are very pleased that the planned new facilities will provide a physical environment that will preserve and encourage this relationship."
The MIT Sloan School of Management is one of the world's leading business schools -- conducting cutting-edge research and providing management education to top students from more than 60 countries. MIT Sloan offers undergraduate, master's, doctoral and executive education programs that aim to develop effective, innovative, and principled leaders who advance the global economy. The School is part of the Massachusetts Institute of Technology's rich intellectual tradition of education and research.
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