By Dawn Rhodes | The new site for Northwestern’s Kellogg School of Management will concentrate the school’s resources in one place and potentially open a central location for its student center, according to university officials.

The Board of Trustees approved Thursday’s proposal to put the new building on the northeast part of campus, between the James L. Allen center, which houses the Executive Education Center, and Lakeside Fields where the lacrosse, soccer and field hockey teams play. Currently, a parking lot occupies that space.

“It truly is a win-win,” said spokesman Alan Cubbage.  “Kellogg is going to be able to tie in their facilities really well and it’s a lovely site.”

The Kellogg school is based in the Donald P. Jacobs Center on Sheridan Road and Foster Street. Cubbage said the university is considering turning part of that building into a student center to replace the aging Norris University Center, which was built in the 1970s.

“The key student foot traffic is up and down Sheridan Road, from the residence halls on the north side of campus down to University Hall or Harris Hall,” Cubbage said.  “They are literally walking past the doors of that building several times a day.”

The cost, size and design of the new Kellogg building have not been determined but fundraising efforts are under way.

“It is an effort to provide really state-of-the-art facilities for our traditional MBA program,” Cubbage said. “Kellogg is very prestigious and very competitive now, but there’s no question that having outstanding facilities is a requirement for an elite business school. We’re determined to do that.”