News
Otterbein to Purchase Altercare
Otterbein College and the owners of Altercare have announced that the two parties have entered into a definitive agreement whereby the College will purchase the property at 25 W. Home Street, Westerville, OH, adjacent to the campus. Altercare is a nursing and residential care facility. Otterbein will convert the facility into a residence hall.
The completion of the purchase of the property will occur late summer or early fall 2007. Renovations are expected to be completed for occupancy by fall 2008 and will provide housing for 180 students. The purchase will also include 88 parking spaces, approximately 2,800 square feet of flexible office space and the vacant parcel of land which borders the alley along Hanby Hall.
This substantial addition to the footprint of the campus is very exciting. The purchase and renovation of this facility will increase the percentage of full-time students living on campus, which is consistent with the College’s new strategic plan.
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