89.1 WEMU

EMU Board Authorizes Sale Of Current College Of Business Home

Apr 23, 2020

Eastern Michigan University’s Board of Regents has given the green light to sell the building that currently houses the College of Business


Eastern is considering selling the Gary Owen Building for $2.7 million to the River Caddis Development Group.  The sale would save the university about $1 million a year in maintenance costs and defer $13.2 million in current maintenance projects for the building.  President James Smith says the College of Business would relocate to Boone Hall on the central campus.  It’s currently located in downtown Ypsilanti. 

"It operates as a DTE entity.  So we have the save cost being able to use our own cogeneration to heat and cool the building."

President Smith says students have requested to have the College of Business on the central campus.  If the sales goes through, the move would impact over 2,000 students.

Non-commercial, fact based reporting is made possible by your financial support.  Make your donation to WEMU today to keep your community NPR station thriving.

Like 89.1 WEMU on Facebook and follow us on Twitter

— Jorge Avellan is a reporter for 89.1 WEMU News. Contact him at 734.487.3363 or email him javellan@emich.edu