With construction set to begin soon, a new $65.7 million dollar facility for the Kansas University School of Business is set to open fall 2016. The building is designed to encourage student and faculty collaboration, industry partnerships and high-tech education.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

This rendering shows the ground floor of the main atrium of the newly designed, soon-to-be built KU School of Business building. The building will stand across Naismith Drive from Allen Fieldhouse and will open in 2016.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

This rendering of the new KU School of Business building shows the third floor from the perspective of the north wing, which will primarily house faculty, advising and administrative offices, and looks toward the south wing, which will hold student classrooms and labs.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

This rendering of the proposed new KU School of Business building shows a large atrium in between the north and south wings of the building. Designed as a commons area, designers and school officials hope it will be used for collaboration and conversation. The building will also house spaces for business incubation and student research, such as the Bloomberg terminal lab, shown here with a blue exterior.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

The south entrance of the new KU School of Business building, shown here in a rendering, will include landscaping meant to reflect the wild grasses of the Kansas prairie.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

This rendering shows the main entrance of the soon-to-be constructed KU School of Business building. The entrance will open onto Naismith and is designed to be open and transparent so visitors can see inside.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

The south side of the newly designed KU School of Business building, shown here in a rendering, will include a dean's suite with a terrace behind it. Below the terrace is the roof to an underground auditorium that seats 350 students.

photo by: Images courtesy of M. Arthur Gensler Jr. & Associates, Inc.

This rendering shows the proposed new Kansas University School of Business Building from the Allen Fieldhouse area. The building's exterior is meant to fit in with the limestone facade's and red roofs of historic KU buildings.