Ivy Tech buys land for future growth
$595,000 purchase approved by State Budget Committee
By Steve Hinnefeld,
Herald-Times Staff Writer
September 18, 2004
Two years after moving to a new campus on
Bloomington's west side, Ivy Tech Community College is
looking ahead to the possibility it will have to
expand.
It's buying 16 acres of nearby land for future
building and parking needs, said Chancellor John
Whikehart. The State Budget Committee approved the
$595,000 purchase Friday.
"It's a great opportunity for us to get that land
and avoid being landlocked," Whikehart said.
State Sen. Vi Simpson, D-Ellettsville, and state
Rep. Peggy Welch, D-Bloomington, announced the
budget committee approval.
"By obtaining sufficient land for future
expansion at Bloomington, Ivy Tech officials are
anticipating the future educational needs of the
community, Monroe County and surrounding areas,"
Simpson said in a news release.
The mostly vacant property, being purchased from
the Olin D. Sorrells Trust, is located east of Ivy
Tech. It is bordered by Ind. 48, Profile Parkway and
Zenith Drive.
The purchase is contingent on a study of
environmental conditions of the land, which is
separated from Ivy Tech by another farm property.
"This gives us an opportunity for future
expansion, and we have continued to talk to the
owners of the other farm property," Whikehart said.
Under state law, Ivy Tech can't pay more than the
property's appraised value.
Whikehart said the college will pay for the land
with money from several sources, including $320,000
in leftover earnings from construction bonds,
$140,000 from the sale of property at its previous
site and $80,000 from the sale of right-of-way for
an Ind. 48 widening project.
The remaining $55,000 will come from operating
funds or a state Ivy Tech loan.
Ivy Tech Bloomington moved to its $23 million
facility on Daniels Way in August 2002. But
continued growth — to 3,468 full-time and part-time
students — has put most of the building and parking
lot into use.
And new programs, including a biotechnology
degree program, will require additional lab space,
Whikehart said.
While the campus might be able to justify adding
facilities now, it will likely have to get in line
behind some of Ivy Tech's other 22 campuses.
Meanwhile, it is scheduling more classes on Fridays
and Saturdays to avoid crowding.
"We're going to have to get real creative real
quickly in terms of our space needs," Whikehart
said.
Reporter Steve Hinnefeld can be reached at
331-4374 or by e-mail at shinnefeld@heraldt.com |