CCV to Purchase Woodbury College Facility

Yesterday, CCV's President, Tim Donovan, announced the pending sale of Woodbury College’s facility on North Elm Street in Montpelier to CCV. The 22,000 SF facility which has served as Woodbury College’s home since 1989 sits on 8 acres of land approximately a mile and a half from the center of downtown Montpelier.

CCV will take possession of the property at the end of 2008. In time, this location will house both CCV’s central Vermont academic site, currently located at the Vermont College of the Fine Arts, and our administrative functions that are currently located in Waterbury. The consolidated location will be less expensive to the College and, therefore, its students than the projected costs of continuing current leases. This co-location will happen in phases in order to accommodate a lease obligation at VCFA and to plan and construct an additional classroom building at the new location. Phase one will be to move what is currently located at Wasson Hall and the Carriage House locations in Waterbury to Montpelier by the end of June.