AMHERST, Mass (WWLP) – A ceremony was held for a $62 million Business Innovation Hub for The Isenberg School of Management at UMass Amherst Friday afternoon.
The 70,000-Square-Foot Building is at in the middle of the university’s campus. It opened for business at the start of the spring semester and features classrooms, conference rooms, faculty, and administrative offices. It also has a business analytics lab with multiple Bloomberg terminals, advising spaces, a 5,000 sq. ft. learning commons that doubles as an event center and an expanded Chase Career Center.
At Friday’s ribbon-cutting ceremony, Bjarke Ingles, a Danish architect who designed the building, said the role of the Business Innovation Hub is to “try to give form to the future” of the Isenberg School of Management.
“Let’s say what the garage was in Silicon Valley, a place for ideas and startups to emerge is what we’re hoping to create in here,” said Ingles.
“This is a building that reflects the institution that we’ve become and also really positions us to train students to enter the excellent careers that are available to them by going to school here,” said Thomas Molterno, interim dean at the Isenberg School of Management.
The annex accompanies the renovation of select spaces in both the original 1964 building and the 2002 addition. Together, the two facilities will create a single unified facility. The space, designed to accommodate future growth, will also house entrepreneur-in-residence programs and experiential learning spaces for students.
The new expansion and partial renovation of the Isenberg School of Management nearly doubles the school’s current size to address Isenberg’s monumental growth in the last decade.