Loyola plans new business school home Main campus is site

satellite facility will rise in Timonium

$24 million total cost

More details coming at a dinner tonight

Cawley being honored

November 13, 1997|By Edward Gunts | Edward Gunts,SUN STAFF

Loyola College plans to spend $24 million over the next two years to construct a new home on its main Baltimore campus for the Sellinger School of Business and Management and a satellite facility in Baltimore County for business and graduate-level education.

The Rev. Harold Ridley, S.J., Loyola's president, is scheduled to outline plans for the projects tonight during an awards dinner at the Renaissance Harborplace Hotel.

During the dinner, Ridley and the business school board of sponsors will present the school's 1997 Business Leader of the Year Award to Charles M. Cawley, chairman and chief executive officer of MBNA America Bank, which is opening a new regional center in Hunt Valley.

The $12 million Sellinger business school will be constructed starting in June on the main quadrangle of the college's Evergreen campus, off Charles Street and Cold Spring Lane in North Baltimore. The five-story, 50,000-square-foot building will be the first frees-tanding home for the business school and represents the largest single investment on the Evergreen campus since the 148,000 DeChiaro College Center opened in the mid-1980s.

The Baltimore County center, planned for a 7.5-acre parcel in Timonium that Loyola acquired in July from BGE Corp., will be used to consolidate graduate programs that the college already has in the Hunt Valley and Mount Washington areas. Construction is to begin next month and be complete by fall 1998.

"Loyola has been the premier source of business education in Baltimore since we established a separate school of business in 1980, and a central place for faculty offices and classrooms has always been a priority," Ridley said.

"It is our plan to strengthen our ability to serve the business community in the Baltimore region, and this building, along with our new Timonium site for graduate business programs, will give us the facilities to accomplish that goal."

Named for the Rev. Joseph A. Sellinger, a former college president who died several years ago, the business school currently occupies space in several campus buildings, including Maryland Hall and Jenkins Hall. It has 727 undergraduates and 1,013 graduate students.

Designed to echo the "collegiate Gothic" architecture of other buildings on Loyola's Evergreen campus, the new school will be connected to Maryland Hall. When complete in mid-1999, it will contain 10 classrooms, five seminar rooms, four conference rooms, an information center, student lounge, dean's suite and 54 faculty offices.

Ridley said the building is significant because it will provide "state of the art" teaching space while helping frame the main quadrangle on campus.

"It will give us a quantum increase in high-tech instructional space, and it will bring the 50-plus faculty members and administrators in the business school together in a single location," he said. "That creates a different chemistry than when they're housed hugger-mugger all over the campus."

Loyola's new Baltimore County campus, at 2034 Greenspring Drive, will be used to consolidate existing programs currently located in Hunt Valley, where Loyola has leased space for 15 years, and at the USF&G Conference Center in Mount Washington.

The project includes renovation and expansion of a high-ceilinged industrial building to provide 20 classrooms, a computer lab, student lounge, resource center and program offices, plus 450 free parking spaces.

Designed by Ayers Saint Gross of Baltimore, the 65,000-square-foot building will house graduate programs in business, engineering, business education, and speech pathology as well as Loyola's new Master of Science in Physician Assistant program. The property cost about $3.2 million, and the building modifications will cost nearly $9 million.

Funding for the projects comes from the recently completed "Renewing the Promise" capital campaign, which exceeded its $40 million goal by $3 million this summer, as well as future fund raising initiatives.

Ridley said Loyola also plans to build a $5 million, 10,000-square foot addition on the east side of the Donnelly Science Center, with Bohlin Cywinski Jackson as project architect. Work on that project is scheduled for completion by mid 1999.

In addition, the college plans to raze the Boumi Temple on Charles Street to make way for a student recreation and health center that would rise at the same location.

Cawley will accept the Sellinger School's Business Leader of the Year award and deliver the keynote address at the awards dinner, which begins at 7 p.m.

Cawley co-founded MBNA in 1982, along with two others, and was instrumental in its decision to open its newest regional office in Hunt Valley.

He worked for Maryland National Bank in Baltimore for 10 years before moving the credit card business to Delaware, seeking to strengthen its competitive position among credit card lenders. Over the past 15 years, MBNA has developed a franchise in the concept of affinity marketing and has pioneered many of the industry's innovations.

Past recipients of the award, which has been given since 1983, include George Collins of T. Rowe Price, Norman Augustine of Lockheed Martin and Augustus Busch III of the Anheuser-Busch Corp.

"Charlie Cawley has been a driving force in one of the most competitive arenas in the financial services industry because he has insisted that MBNA focus first and foremost on customer service," Ridley said. "That focus, and the company's commitment to the communities in which it works, makes him the ideal recipient for this award and the values it represents."

Pub Date: 11/13/97

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