Antioch College to sell, lease properties
- Published: August 25, 2023
On Tuesday, Aug. 22, Antioch College announced in a press release that it will list some of its land and buildings for lease or sale.
According to the release, the decision is part of the college’s Social Enterprise and Enrollment, or SEE, Plan, which “includes rescaling the college for today’s students.”
“With the incoming class among the largest since the fall of 2020, our strategic decision to sell or lease surplus assets also supports the college’s ongoing success [and] sustainability,” the release reads.
The release indicated that buildings included on the list of those that will eventually be up for sale or lease include the Sontag-Fels building, West Hall and the Kettering Building, as well as two parcels on the corner of Livermore and East North College streets, with a total of 16 parcels and 6.65 acres to become available. Additionally the college is currently exploring options for student dormitory building Case Commons, the release stated.
“The land and buildings being listed are mostly unused, with the college incurring large costs to maintain them,” Board of Trustees Chair Shelby Chestnut stated in the release. “[W]e want to be responsible in our land ownership by sharing these precious assets for the greater good.”
According to the state auditor’s website, the college has already made one recent property sale: On Aug. 15, Antioch sold a lot adjacent to the Children’s Center at the corner of East Limestone and Corry streets to Iron Table Holdings LLC, Dave Chappelle’s development company.
A map included with the release also includes the Union Building on President Street and the Coretta Scott King Center as needing “more analysis and thought”; the release states that the college is “committed to the legacy of the Coretta Scott King Center for Cultural and Intellectual Freedom in its current location.”
A key included with the map indicates that remaining buildings and parcels will serve as the “college core footprint.” These include the Antioch Farm and Geothermal Field and Food Forest, the solar field, the tennis courts, the Miles Budd Goodman Amphitheater, the Wellness Center, Olive Kettering Library, the Central Geothermal Plant, the Art and Science Building, the Sculpture Annex, the Fine Arts Building, the Foundry Theater, McGregor Hall, South Hall and Herndon Gallery, the Jarco Building, Antioch Hall, Spalt Hall, North Hall, the Pennell House, Weston Hall, Birch Hall, Rockford Chapel, the Folkmanis House, the main lawn and the “horseshoe.”
“From our strategic plan we identified the need to operationalize and create a functional business plan, which resulted in our Board endorsing a laser focus on social enterprise and enrollment,” Antioch President Jane Fernandes stated in the release. “Our work today will provide relief from being weighed down by too much land and too many buildings. This is a critical step for Antioch College, both as an institution, and as a good neighbor.”