The Business School is also planning to add a four- to six-story academic building to its campus and to renovate the Baker Library.
As part of the new agreement, the University has said it will construct 288 new units of graduate student housing on the Allston campus by the fall of 2002 to free up housing in Boston--and in Harvard-owned apartments--and to bring students closer to campus. This development will house 554 students and will put 75 percent of Business School students' residences on campus.
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"Business school students shouldn't need to be living in Cambridge," explained Angela Q. Crispi, assistant dean and chief planning officer at the Business School.