The Swanston Academic building is an RMIT building designed by the architecture firm Lyons and is located on Swanston Street in Melbourne across from Peter Corrigan designed building 8 and ARM's Storey Hall. Construction began in September 2010 and was completed in September 2012. The budget for the SAB was $200,000,000. The new building contains 35,000 square metres (380,000 sq ft) of floor space, is 11 storeys high (including basement) and provides 6 large lecture theatres for students. The colourful building is intended to reflect the cities surroundings in the façade. “The idea is to wear the ‘cloak’ of the city”. (Carey Lyon)