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BREAKING: Columbia Business School Heads North

Columbia University's plans for its new Manhattanville campus just got a little clearer. From a letter to Columbia Business School students excessive wealth candidates from Dean Glenn Hubbard that just leaked to Curbed:

I am pleased to announce that after carefully weighing a number of options for improving the School's facilities to match the top-notch quality of its curriculum, faculty, and student body, the School's Board of Overseers and I are entering into discussions with the University to move Columbia Business School to the University's proposed Manhattanville campus. The proposed area of development comprises approximately 17 acres and extends roughly from the south side of West 125th Street to West 133rd Street and from Broadway to Twelfth Avenue. The entire project will span 25 to 30 years, with the construction of new Business School facilities taking place in the first project phase during the next five to seven years.A 25-to-30 year project? My God, if only there were some MBAs around to help plan this sucker! After the jump, the full memo. Dear Students: I am pleased to announce that after carefully weighing a number of options for improving the School's facilities to match the top-notch quality of its curriculum, faculty, and student body, the School's Board of Overseers and I are entering into discussions with the University to move Columbia Business School to the University's proposed Manhattanville campus. The proposed area of development comprises approximately 17 acres and extends roughly from the south side of West 125th Street to West 133rd Street and from Broadway to Twelfth Avenue. The entire project will span 25 to 30 years, with the construction of new Business School facilities taking place in the first project phase during the next five to seven years.

No one understands better than you do the constraints that our available space and facilities place upon all aspects of what we do. A move to Manhattanville will provide the School with an unprecedented opportunity to design a facility worthy of this fine institution. The move will also reunite all parts of the school: The MBA and EMBA programs, Executive Education, and External and Alumni Relations will once again share a common facility. In short, I believe that a move to the Manhattanville campus is the best choice for the School in terms of resources, space, and option value (perhaps even to include a residential facility), and it will allow the School to be an integral part of a transformative moment in the University's history.

If you would like to learn more about the entire scope of the University's Manhattanville project, can visit the project website at http://www.columbia.edu/cu/neighbors/pages/manplanning/index.html.

With regards,

Glenn Hubbard

Columbia's plans for the 17-acre parcel have been of much recent concern to the West Harlem business community, who sued for more details about expected eminent domain plans. No doubt this news will calm their nerves, as one naturally assumes the business school will see the opportunity to integrate real-world businesses with their classroom environment to create bold new educational opportunities like Cell Phone Retailing 101.