The University of Chicago established a new Academic Precinct on campus, repurposing historic buildings to house its expanding academic programs. A core component of the new precinct, the former Chicago Theological Seminary building was selected for adaptive reuse to house the Department of Economics and the Becker Friedman Institute for Research in Economics. The design team worked diligently to bring about a highly functional and aesthetically pleasing combination of historic preservation and modern reconfigurations.

The site now incorporates the neo-Gothic CTS building, two historic row houses, and a new, connector space designed by Ann Beha Architects.