- January 27, 2011
- 12:01 am
- Steve Christensen
Loyola purchases property; will rename building BVM Hall
Wright Hall, which is located at 6364 N. Sheridan Rd. and just across the street from Mundelein Center and Piper Hall, is now the property of Loyola University Chicago. Purchased from the Sisters of Charity of the Blessed Virgin Mary (BVM), the 11-story residential building includes 70-units and a 25,633 sq. ft. parking lot.
The North Side residential building was built by the Sisters of Charity in 1959 to house members attending Mundelein College and is now home to retired members of the order. The BVMs plan to relocate the retired members to its Motherhouse in Dubuque, Iowa, by the end of March 2011.
“We are so pleased that this building will continue to be a place of Catholic tradition, social justice, and education,” says Sr. Mary Ann Zollman, president of the order. “It will be bittersweet to say goodbye to this cherished home with so many wonderful memories, but we are grateful that it will continue to be a place that enriches the soul.”
Loyola will use the property to expand its Center for Urban Environmental Research and Policy (CUERP) and it will serve as a catalyst toward the University’s vision to create an Institute of Environmental Sustainability. Specifically, redevelopment plans include:
- Most residential floors will primarily be used as faculty, graduate assistant, and research offices within the ecology, chemistry, biology, and sociology departments.
- Common areas of the building will be converted to teaching and research laboratories for courses like plant biology, natural resource conservation, ecosystems, and courses in ethics, sociology, and other disciplines.
- Loyola’s Wellness Center, presently located on the Lake Shore Campus, will relocate to a floor of the building to help expand the center’s operations.
“Loyola is pleased to have been able to reach an agreement with the Sisters of Charity of the Blessed Virgin Mary for the purchase of Wright Hall,” says Wayne Magdziarz, Loyola’s vice president of capital planning and chief of staff. “We recognize that this building represents the last piece of property that was owned by the Sisters during the decades of Mundelein College. In honor of their contribution to our neighborhood and city, Loyola plans to rename the building BVM Hall to recognize the work of the Sisters.”
The sale of Wright Hall to Loyola was brokered by CR|Daccord.