Hundreds were on hand when Babson College held a ribbon cutting ceremony for its new Downtown Boston Campus at 100 High Street.
At ground level, the campus has roughly 2,000 SF of co-working and networking space along Federal Street. In addition, the school occupies approximately 7,000 SF on the 12th floor for classrooms, meeting rooms, and café/lounge space.
“By more than doubling the size of our Boston space and moving to this more modern and accessible location, we can both attract and educate graduate students where they work and offer our alumni a convenient and innovative convening space for networking, co-working and much more ,” said Babson College President Kerry Healey.
During her speech at the event, Healey added that the new campus will allow graduate students to get their MBA via evening classes entirely at the Downtown Boston location. It will also help serve the 16,000 Babson alumni who live and work in the region.
John Boyle and Rebecca Galeota of Cushman & Wakefield negotiated the lease for Babson, while Joel Schur of Cushman & Wakefield handled project management for the build-out of the space – which came in on-time and under-budget.
Schur said that deciding how to lay out the space involved discussions with many different groups, resulting in a setting well-suited to a variety of teaching techniques.
“The whole process was very collaborative across the entire team,” Schur said. “The space will really allow them to embrace a current and more flexible learning environment.”
The Boston campus will also be the home of the school’s Global Entrepreneur in Residence Program, which will connect with international entrepreneurs and work to bring them to Massachusetts through the H-1B visa program in order to create businesses and create jobs.
The program, which is similar to programs seen at UMass Boston and UMass Lowell, is supported by both Mayor Marty Walsh and Housing and Economic Development Secretary Jay Ash.