
Now that The Clare is complete and the law school renovation is underway, Loyola is starting its next project to create classroom space on the Water Tower Campus. The newest capital project calls for the demolition of the building located at 20–24 E. Chicago Ave. A five-story, 28,000-square-foot building will go up in its place, creating 15 new Loyola classrooms on floors three, four, and five. Floors one and two, owned by J.B. Realty Inc., will contain retail space.
The project broke ground in late January and is expected to be finished around the end of this year. Upon completion, the new classrooms and study space will be accessible through 25 E. Pearson. The second phase of the project will convert the space presently containing the Rubloff Auditorium and reception room in 25 E. Pearson into streetfront retail along Chicago Avenue. This is scheduled for completion in late 2010.