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Topping Out Ceremony Marks Major Construction Milestone for Drexel’s New Business Center

August 22, 2012

Topping out ceremony - LeBow

Drexel’s LeBow College of Business faculty, staff and students gathered with the Drexel community Tuesday, August 21 for a ceremony to mark the placing of the final beam on the new 12-story, 177,500 square-foot business center that will change the face of Drexel and Market Street. (See the video here.)

Prior to the ceremony, guests signed the steel beam, which was decorated with flags representing the United States, the Commonwealth of Pennsylvania and Drexel University. The beam was hoisted by crane to its new home atop the new building as the crowd looked on.

This is going to be a magnificent building," President John Fry said. "But when I look up, I see so much more than a physical structure. I see Drexel’s strategic plan coming to life."

"Those of us who work in the college have been dispersed from a tired Matheson Hall to locations from one end of the campus to the other," said Interim LeBow Dean Frank Linnehan. "Being reunited next year in this modern facility with the latest in educational technologies at our fingertips will be a dream come true and a vision realized: a vision of Drexel’s LeBow College as a pre-eminent thought leader in the worlds of business, finance and economics."

Soon, we’ll start to see the spaces inside the building take shape," added Drexel University Board Chairman Richard A. Greenawalt. "In those spaces, generations of future business leaders will begin their journey."

The building is scheduled for completion in fall 2013. For more information on the new LeBow College of Business building, visit See photos from the ceremony here.