University of Chicago Names New Economics Building After Alvaro Saieh

By Sam Cholke on June 5, 2014 12:41pm 

 The conversion of the former Chicago Theological Seminary's main building is expected to be done this month as crews continue to work on a new wing on the north side of the building.
The conversion of the former Chicago Theological Seminary's main building is expected to be done this month as crews continue to work on a new wing on the north side of the building.
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University of Chicago

HYDE PARK — The University of Chicago is naming its new economics building Saieh Hall in honor of donor Alvaro Saieh.

The former seminary at 5757 S. University Ave. will be named for Saieh, the president of Chile-based CorpGroup Holding and a university trustee, after he made a "significant donation," according to the university.

A university spokesman was not immediately available to clarify how much Saieh had donated.

“We are deeply grateful for Alvaro’s generosity, which provides support for our faculty, students, visitors and initiatives that will fuel collaboration and discoveries with global impact,” university President Robert Zimmer said in a prepared statement.

The university is close to completing the six-year project of converting the former Chicago Theological Seminary into the new home for the economics department and the Becker Friedman Institute for Research in Economics.

The project’s completion will mark an expansion of the main campus, with the privatization of the 1100 block of East 58th Street creating a new pedestrian path between the main quadrangle and the Booth School of Business.

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