The third St. Ignatius College received moderate damage in the 1906 San Francisco earthquake, but was completely destroyed in the ensuing fire. The campus moved west, to the corner of Hayes and Shrader Streets, close to Golden Gate Park. It occupied a hastily constructed structure known as the Shirt Factory (for its resemblance to similar manufacturing buildings of the era) for the next 21 years. The college moved to its present site on Fulton Street in 1927, on the site of a former Masonic Cemetery.