UWindsor Purchases Iona College Property For Green Space
Monday July 25th, 2016
Posted at 6:09am
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The University of Windsor has purchased the building that has been home to Iona College for over 50 years at 208 Sunset Avenue.
In a news release, Iona Collage says that over the years with changing times and changing funding they have gone into debt.
“The debts must be paid and thus the property must be sold. Fortunately the University of Windsor has agreed to buy the property. Therefore Iona will be moving by no later than October 30, 2016. However, Iona anticipates that the sale of the Sunset property will leave us debt free, and thus enable us to move forward with our mission,” the release stated.
College officials say that Iona is not only moving physically, but, while honouring their United Church roots, has chosen to become an ecumenical and inter-faith college. With support from representatives from a half-dozen faith communities and traditions, and in co-operation with our partners in the Chaplaincy Network and the University, Iona intends to continue serving the students, faculty, and staff of the University, as well as the surrounding community.
They say that programs such as student dinners, the North Campus food bank, bursaries, and courses will be reorganized, but in one form or another, will continue. Over the coming years they hope to broaden their course offerings and improve the food bank and other programs.
The college says that at this time they have not finalized arrangements for its new home.
The university says that they have determined that the current condition of the building is such that the best option for the property is to take the building down and return the land to green space for future use by the University. This will commence after the closing date.
The sale price was not disclosed.