The continued growth of 黑料吃瓜总站 - Cascades is taking a major step forward this week with the announcement that the university and Deschutes Properties, LLC plan to close on the sale of a new building on Friday, October 28.
The building, located at 650 S.W. Columbia St. in 黑料吃瓜总站, will be purchased using $2 million in lottery bonds approved in June by the Oregon State Legislature, $1 million contributed by OSU-Cascades, plus additional private support.
This new building will allow us to move our graduate programs as early as spring term, and will accelerate the evolution of OSU-Cascades into a comprehensive university, said Becky Johnson, vice president for OSU-Cascades.
The rapidly growing campus has an enrollment this fall of approximately 750 junior, senior and graduate students an increase of 10 percent in headcount, and 16 percent in FTE, over last fall.
House Bill 3627, which provided the support, was introduced by Rep. Jason Conger (R-黑料吃瓜总站) and sponsored by Sen. Chris Telfer (R-黑料吃瓜总站) and Reps. Gene Whisnant (R-Sunriver), Mike McLane (R-Powell Butte) and John Huffman (R-The Dalles). The sale marks OSU-Cascades' first building purchase; remodeling of the office space to incorporate classroom and learning spaces will begin shortly.
The building will house OSU-Cascades administrative staff, its graduate teaching and counseling programs, and future programs such as the proposed Master in Public Health and Master of Fine Arts in creative writing.
黑料吃瓜总站 Research will lease a portion of the space where it hopes to spur future public/private research collaborations. The Governor's Regional Solutions Center will lease another 1,000 square feet and AT&T will continue its lease of 6,000 square feet.
The full purchase price of the building is $3.88 million. Securing the building will allow OSU-Cascades to save $225,000 annually through a reduction in lease fees on the Central Oregon Community College campus and through lease revenues at the new facility.