Facts about the GIE
The Global Innovation Exchange Building (GIE) will be situated on the site of the former St. Michael’s school, on University Avenue West, between Hemlock and Hazel streets. It will be home to Laurier's School of Business & Economics and Department of Mathematics.
The GIE will be designed as a state-of-the-art educational facility. Its classrooms and meeting spaces will be equipped with technology to increase collaboration with Laurier’s partners around the globe. The exterior design will enhance Laurier’s presence on the University Avenue streetscape, and the design will aim to achieve a minimum of LEED silver certification.
- Design by Diamond & Schmitt Architects and David Thompson Architect.
- Approx. 225,000 sq.ft
- Four storeys
- Nine lecture halls (75-300 seats each)
- Two-level, 1,000-seat auditorium
- Computer and math labs
- Meeting rooms
- Faculty and administrative offices
- Student club support spaces
- The design and construction schedule is being finalized, and construction will begin in May 2013. It is estimated that the construction process will take a total of four years, with plans to begin moving in the summer of 2015 for occupancy by the fall 2015 academic term.
Facility cost and funding:
- The estimated project cost is $103 million, including renovations to the Peters Building.
- The Ontario provincial government announced a $72.6 million investment in the GIE on June 20, 2011 – the largest single capital investment in the university’s history.
- The remaining $30 million of the building’s cost will be raised through Laurier’s development efforts.