Celebrate International Women's Day with Chicago Booth Women
Happy International Women’s Day! Celebrate with us by reading stories of notable women within our community at Chicago Booth.
Celebrate International Women's Day with Chicago Booth WomenThrowback Thursday: Gleacher Center
Our downtown Chicago location has seen a lot of the city’s history unfold over the past two centuries.
Being situated in our Streeterville location, right off of Michigan Avenue and next to the Chicago River and the Columbus Drive bridge, means that what is today 450 Cityfront Plaza has long been at the epicenter of change and development.
- By
- April 19, 2018
- Part-Time MBA Blog
Like many spots in the city, our location has had many makeovers during its lifetime, and in the scheme of things, Gleacher Center as we know it is fairly new to the block.
If you’ve ever wondered what stood before the Gleacher Center campus was built, are interested in Chicago’s rich history, or just love vintage photographs, take a trip back in time with us!
1926 - The Hubbard, Spencer, Bartlett, and Co. Warehouse Building
The first building on the Gleacher Center site was the Hibbard, Spencer, Bartlett, and Co. Warehouse. Constructed in 1926, it was built to serve as a warehouse storage facility for the company’s hardware supplies. At the time, the 14-story, 900,000-square foot structure was the country’s largest warehouse that solely stored hardware. The company’s legacy is tied to their True Value product line (sound familiar?) released in the 1940s. The True Value trademark was sold along with the company in 1963.
1946 - The Mandel-Lear Building
The warehouse was acquired by the Mandel Brothers department store in 1946 after Hibbard, Spencer, Barlett, and Co. relocated outside of Chicago. Boasting of its “very attractive rentals,” the chain leased space in the building to several businesses, including Max Factor Co. and Encyclopedia Britannica. Prior to its 1989 demolition, the building was temporarily home to the Chicago Public Library’s central location before construction on the Harold Washington Library was finished.
1994 - Gleacher Center
The structure that houses the Chicago Booth Evening MBA and Weekend MBA Programs was built in 1994 on the former site of the Mandel-Lear Building. In 1996, following a $15 million grant by Eric Gleacher, ’67, the facility was given its current name.
Earning a Part-Time MBA at Chicago Booth is often described as a “transformative” experience. It seems like our location might describe its history that way too.
More Stories from Chicago Booth
Connecting with our AAPI Community: Student Spotlight on the Booth South Asian Club
In celebration of AAPI Heritage Month, we wanted to share a quick snapshot of the Booth South Asian Club from the perspective of Part-Time MBA student and current co-chair, Sarthak Gupta.
Connecting with our AAPI Community: Student Spotlight on the Booth South Asian Club
36 Hours in Chicago: Life of a Booth Weekend Student
Weekend MBA student Sydney Tsai shares with us what a weekend spent in Chicago might look like once school is in session.
36 Hours in Chicago: Life of a Booth Weekend Student