18 Apr 2017

Harvard Business School Holds Topping Off Ceremony for Klarman Hall

Ceremony Marks Halfway Point of Large-scale Convening Center’s Construction
(LtoR): Cliff Gayley and Architect William Rawn of William Rawn Associates; Dean Nitin Nohria; Beth Klarman; Seth Klarman; Richard Walsh, President & CEO of Walsh Brothers construction management.

BOSTON—Harvard Business School held a topping off ceremony today for Klarman Hall, a new convening center expected to open in 2018 at the southeastern end of campus. The ceremony traditionally marks the halfway point of a building’s construction and is commemorated by signing and raising the highest beam in the building’s framework.

Klarman Hall will combine elements of a large-scale conference center, a performance space, and an intimate community forum. The building was made possible by a generous donation from Seth (MBA 1982) and Beth Klarman, both of whom were in attendance at Wednesday’s ceremony. Seth Klarman is president and CEO of The Baupost Group, a Boston-based investment management firm. Beth Klarman is president of the Klarman Family Foundation. Both are members of the School’s Board of Dean’s Advisors.

“We hope that Klarman Hall will be a world-class addition to a world class institution,” Seth Klarman said. He added that he and Beth Klarman look forward to the center serving as a hub for convening diverse groups for productive discussion on everything from the economy of the future to the potential of free enterprise to business ethics and corporate values.

“This ceremony marks an important milestone in a long journey," said HBS Dean Nitin Nohria. "Today, we celebrate this milestone as the building’s highest beam is set in place and we reach the halfway point of its construction. Klarman Hall will be a remarkable addition to our campus thanks to the generosity of Seth and Beth Klarman, and we look forward to it helping us extend the act of convening on our campus.”

Harvard Business School hosts some 700 events a year in which tens of thousands of people from around the world participate. Upon its completion in 2018, Klarman Hall will be able to accommodate and optimize events of up to 1,000 guests, will feature state-of-the-art technology, and will have a LEED Gold or higher sustainability certification. It is being designed by the Boston-based firm of William Rawn and Associates and overseen by Walsh Brothers construction management.

“The topping off ceremony, in modern times, is about a blessing of the building,” said Richard Walsh, President & CEO of Walsh Brothers construction management. “It’s a huge symbol of achievement. And we are proud to report that the project is on schedule, on budget, and, most of all, safe, which is where we all want to be today.”


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About Harvard Business School

Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 250 offers full-time programs leading to the MBA and PhD degrees, as well as more than 175 Executive Education programs, and Harvard Business School Online, the School’s digital learning platform. For more than a century, faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching, to educate leaders who make a difference in the world. The School and its curriculum attract the boldest thinkers and the most collaborative learners who will go on to shape the practice of business and entrepreneurship around the globe.