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Development and News Thread for Champaign County, Ohio:

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Franklin University selling Urbana campus

John Bush - Dayton Business Journal - Apr. 15, 2021

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"A former college campus in Champaign County has hit the market, providing a potential redevelopment opportunity for an interested buyer. Urbana University, a private institution that served as a branch campus of Columbus-based Franklin University, closed at the end of the 2020 spring term. The school cited low enrollment figures that were exacerbated by Covid-19. The campus, originally built in 1850, sits on 115 acres and has 22 buildings that total 351,000 square feet. The property also includes athletics facilities, a solar panel field and surplus land."

 

 

Now's your chance to buy an entire college campus: Urbana University is for sale

Jim Weiker - The Dispatch - Apr. 19, 2021

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"The former Urbana University in Urbana, north of Springfield, is for sale – all 115 acres and 22 buildings of it. Buyers would get a science laboratory, nine dormitories with about 550 bedrooms, a new football and soccer field (with stadium seating and a Blue Knights logo), a theater, a dining hall, a commercial kitchen, a library, and an athletic center with natatorium, basketball court and racquetball courts. ... The city of Urbana, eager to avoid a vacant campus, has sweetened the pot with several tax break programs a developer could take advantage of. The campus sits in an Enterprise Zone, a Community Redevelopment Act district, and an Urbana Energy Special Improvement District."

  • 9 months later...

Former Dayton-area hotel, elementary schools converted into senior housing

 

After years of planning, a unique project to transform a former hotel and two elementary schools into senior housing has been completed in Champaign County.

 

Legacy Place Apartments in downtown Urbana will host an open house Feb. 14 to showcase the new housing development. Legacy Place includes the former Douglas Hotel and former North and South elementary schools, which were converted into new apartments for individuals 55 years and older. Six units also will be devoted to those with developmental disabilities.

 

More below:

https://www.bizjournals.com/dayton/news/2022/02/07/legacy-place-apartments.html

 

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