Razing
On July 24, 1973, Old College was struck by lightning, triggering the sprinkler system, which flooded the building. The damage was extensive and the building was razed, after its structure was determined to be unsafe and the estimated $500,000 cost to renovate and restore the building was deemed to be too high. The sign reading "Old College" that hung above the building's entrance is now located at the west entrance of University Hall.
Read more about this topic: Old College (Northwestern University)