STANFORD, CALIF. — The Graduate School of Business at Stanford University has broken ground on the Knight Management Center, a $350 million campus, in Stanford.
Comprising eight buildings around three quadrangles, the 360,000-square-foot project will offer classroom space, breakout-study rooms, a 600-seat lecture hall, dining facilities, faculty and staff office space, and a parking garage.
The facility is named after Philip H. Knight, founder and chairman of Nike, who earned an MBA in 1962.
“If there was no Stanford Graduate School of Business, there would be no Nike,” Knight said, according to a press release. “The idea for a business really never took form until I took that small business management course. It was out of that I had the encouragement and enthusiasm to start Nike.”
Built for environmental sustainability, the facility will seek LEED certification by the U.S. Green Building Council. The project also aims to:
o Reduce water usage by at least 30 percent
o Exceed current energy efficiency standards by at least 40 percent
o Recycle 50 to 75 percent of non-hazardous construction debris from the previous site
o Use non-volatile organic compound-emitting materials for excellent indoor air quality
o Use rainwater to reduce potable water use for building sewage conveyance by 50 percent
The project is scheduled to open in 2010 and be completed by spring 2011.