INDIANAPOLIS—The new building for Butler University’s Andre B. Lacy School of Business (LSB) is officially open.
After nearly two years of construction, the 110,000-square-foot building is now ready to serve a student population on the rise, along with the local, regional, and national business community.
The building is central to Butler’s 2020 strategic vision to make the University a leader in business, innovation, technology, and student-centered experiences that prepare graduates to pursue fulfilling careers and make a positive impact.
“It is a physical manifestation of a culture in which faculty and staff work in true partnerships with business leaders for the benefit of our students,” says LSB Dean Steve Standifird.
With a curriculum steeped in hands-on experience, adaptability, and student-faculty engagement, LSB has grown its enrollment by 60 percent in the last five years. As a result, the new building is about six times larger than the business school’s previous home in the Holcomb Building. LSB will serve 1,150 undergraduate business students this year.
The building will also be home to Butler’s Career and Professional Success office, which serves the entire Butler student body and includes the FirstPerson Interview Suite, featuring private interview rooms, work space, and a lounge for recruiters.
The $50 million building is complete, but fundraising efforts are ongoing as the University seeks to name the building. Support for the project has come from both the Butler community and beyond. Four of the top donors to date are not Butler graduates, but they invested due to their belief that LSB is making a strong impact on the Indianapolis business community.
The Old National Bank Center for Closely Held Business, for example, connects local businesses with resources and advisors. And the Butler Business Consulting Group works directly with companies to solve business challenges.
The building will allow such partnerships to expand and will foster new program offerings, new centers, and new relationships with employers and business leaders. The Innovation Commons space, for example, was modeled after The Speak Easy spaces in Indianapolis and designed to facilitate collaborations between LSB and business community members. The new building’s cafe was added to encourage visitors to stay.
“Our goal was to create a space where there is no line between where the classroom ends and the business community begins,” Standifird says.
“Andre and Julia Lacy had an incredible philanthropic vision,” said Butler President James Danko. “They wanted to enrich learning experiences for young people; support experiential curricula that emphasize family-run businesses, innovation, and leading with integrity; and to invest in our city and state. We are honored to carry out the legacy they intended. I only wish they were here to see their vision come to fruition and to see how excited Butler students are about learning in this extraordinary new building.”
Director of Strategic Communications
Innovations in Teaching and Learning
One of the distinguishing features of a Butler education has always been the meaningful and enduring relationships between our faculty and students. Gifts to this pillar during Butler Beyond will accelerate our commitment to investing in faculty excellence by adding endowed positions, supporting faculty scholarship and research, renovating and expanding state-of-the-art teaching facilities, and more. Learn more, make a gift, and read other stories like this one at beyond.butler.edu.