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Thursday, December 15, 2016

SU Foundation to Purchase 8.5 Acres on Route 13

SALISBURY, MD---The Salisbury University Foundation’s Board of Directors recently approved the purchase of some 8.5 acres of land south of main campus on Route 13. The properties include the Court Plaza Shopping Center, home to several businesses; the former Temple Hill Motel, which is currently boarded up and closed; and 307 Kay Avenue, a commercial office building also in use. The purchase price is $6 million.

This will bolster the campus footprint to its largest size to date — over 200 acres.

According to SU Foundation officials, Court Plaza will remain in operation. All existing leases will be honored and other businesses will be encouraged to locate there. Leases in the Kay Avenue property also will continue. The Temple Hill buildings will be demolished.

No decision on future SU use of the properties has been made.

“The mission of the Salisbury University Foundation, Inc., is to accumulate funds and investments that enrich the educational programs and activities benefiting SU and its students,” said Bob Moore, Foundation Board chairman. “The location of the properties, fairly contiguous to campus, was significant. It gives the University flexibility in the near and long term future for growth and expansion.”

“The University is greatly appreciative of the vision of the SU Foundation and its chairman, Bob Moore,” said President Janet Dudley-Eshbach. “The University is poised for growth and these property acquisitions represent opportunities for future development. Salisbury University’s stature as one of the nation’s finest public universities is due in no small part to the work of the SU Foundation.”

Possible uses of the properties will be tied to the mission of the campus and could range from academic, research and laboratory spaces, to student housing, a welcome center, parking and/or support services.

The seller is Delcon International. Settlement is expected in early 2017.

For more information visit the SU website at www.salisbury.edu or call 410-543-6030.

14 comments:

Anonymous said...

They are building a city within a city with tax dollars that is closed to the public.

Unknown said...

They are taking from family's!!! They don't care it's all about the dollar!! They don't care if people are on the street. It's bull

Anonymous said...

More property off the tax roles

Anonymous said...

It's unreal what SU has become in 40 years. It's sad to see academics become big business. They along with Perdue farms hold this city hostage as to whatever their next want or need is. The "little" eye candy they're doing on route 13 is pretty ridiculous. There are plenty other roads that could use some attention

Anonymous said...

Stop your weeping. Those kids attending SU are bringing revenue to businesses in the city and county. SU needs to grow to bring more money to the area.

Yes it takes land off the tax rolls, but a growing or new businesses adds $ and jobs to the local economy. SU appeared on the scene around 1925 so it will not likely move. Instead of knocking the place, invasion ways of improving the economy by way of using SU as the source. Look to see what other college towns have done to build and improve their towns around colleges. Whining is not the answer IMO.

Anonymous said...

Really?
If not for the college, Salisbury wouldn't have most of the stores, the restaurants or growth that it has. SU is maintaining the newly landscaped medians and SU growing is wonderful for our community! Maryland has so few colleges and UMd is almost impossible to get into. I love that SU is growing in such a wonderful way and admits so many local students. We can only hipe that their graduates stay in Salisbury and help it become a safer and more prosperous place to live!

Anonymous said...

We live in a capitalist country. That means that money's going to win. We should be glad it's happening in our city. Those students, like em or not, bring in mom and dad's cash with them. It allows the small businesses to thrive and gives work to the community. So what if they want to make 13 a little more pretty in front of the school? Would you want to go to college in a place that's grey 50% of the year? Don't blame the school for your problems blame the ELECTED OFFICIALS who aren't doing squat for you.

Anonymous said...

Every time we return to the area, Salisbury seems more like Baltimore.
Salisbury and Princess Anne both might as well surrender to the universities and find ways to make lemonade, because it is already too late.

Anonymous said...

No way, SU is a public university and should not be in business for owning & running Court Plaza for a non-profit institution.

Anonymous said...

Maybe they will have stormwater management on this project!
Oh right I forgot--they are exempt!!!
The new buildings on campus Perdue Henson, Fulton, etc.
DO NOT HAVE STORMWATER MANAGEMENT!!!!!

Anonymous said...

What people are being put out on the street?

Anonymous said...

The state is spending money like it has plenty of it!
Tax dollars?

Universities are in fact "big business".
The kids are encouraged (lied to) to take on un-payable debt burdens which they will drag around for most of their lives.

Once they graduate, they will end up working in burger joints.

Anonymous said...

Time to embrace reality - Salisbury does rely on their colleges (i.e., SU and UMES) because of $$$$$$$$$$$$. Lots of towns where built by the colleges that reside in them. Its ok, because colleges never go away, unlike businesses!

Now, how do we parlay the $$$$$$ into positives rather than negatives - like new asphalt roads over storm drains and man-hole covers...errrrrrrrrrrrrrrrrrrrr.

Anonymous said...

Pretty soon the Hospital and the College will own the City of Salisbury.

They are no different than a for profit company yet they get the tax break. That doesn't seem fair.