The yet-to-be-named building will include an investment portfolio room, two computer teaching labs, 11 classrooms, a business incubator for students and a meeting room with space for 400 people, according to school officials.
School officials said the project is causing traffic and parking changes on campus. A temporary parking lot has been designated near the Beeson University Center and a temporary shuttle service has been established to assist those who are now parking remotely.
The new building will allow the business school to relocate from its current home in Dwight Beeson Hall, constructed in 1970. Space vacated by the business school will eventually be reassigned to other university departments.