From the Dayton Daily News. July 10, 2007
Antioch University has no plans to sell Yellow Springs holdings
by Stephanie Irwin Gottschlich

Antioch University has no immediate plans to sell or close its other Yellow Springs-based entities when it closes Antioch College in 2008, university chancellor Toni Murdock said.

WYSO not for sale

…A recent on-air pledge drive, on the heels of the closure announcement, asking for contributions to help WYSO become more independent stirred rumors the station was being sold.

“But it did not mean independence from the university,” Paul Maassen, WYSO general manager, said.

“Definitely, there are no plans to sell WYSO,” Murdock said.

…Special restrictions on the Glen, donated to Antioch in 1929 by Hugh Taylor Birch and named for his daughter Helen, require Antioch to turn the land over to the state if it is unable to fulfill its educational mission.

“So it will not be developed,” Murdock said.

‘Walkable community’

The rest of the college’s land in Yellow Springs, on which 30 campus buildings sit, will likely be condensed into a smaller campus and developed after the college closes in 2008, Murdock said.

Private institutions with land have turned entrepreneurial and are turning their assets into revenue streams, she said.

“I envision a walkable community that could enhance the economic potential of the community,” Murdock said. “Is it going to look like the same college? No. But it will be built on the same values.”

Last Modified : September 29th, 2007 Filed under : News articles, University Navigate : Previous post / Next post