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2019
Project Completion
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$46.6 Million
Project Cost
Beloit College, The Alexander Company, and Studio Gang Architects saved a 120,000 square-foot historic power plant from demolition and opened a mission-driven student center combining health, recreation, and healthy food options.
A federal and state river walk grant opened up the river’s edge on a key stretch which has been closed to the public for nearly 100 years. This is a key intersection between the college, the public high school, and the main street area. In addition, the facility includes a field house which in summer months transforms into an open air community pavilion for events ranging from free concerts to youth camps. Also, the signature lecture hall hosts talks from leaders in all disciplines from around the world. These lectures are always free, open, and advertised to the public.
The Alexander Company assisted Beloit College in bringing this project to fruition as consulting developer, which entailed the preparation of National Park Service approvals, securing New Markets and Historic Tax Credits, providing financial modeling and arranging financing, as well as overseeing the construction draw process, financial reporting, and compliance.