CHARLESTON, W.Va. -- West Virginia University plans to spend more than $14.5 million to buy a large portion of the Sunnyside neighborhood in Morgantown -- the area's hot spot for riots and fires.
University officials have agreed to buy nearly 40 parcels of land near the downtown campus -- with more than half of the property located on Grant and University avenues, according to documents submitted to the state Legislature's Joint Committee on Government and Finance by the WVU Board of Governors.
Other parcels purchased include land along Jones Avenue, Quay Street and Houston Avenue, among others.
The WVU Board of Governors will meet today<co tues> to discuss approval of the project.
WVU decided to buy the land after being approached by Paradigm Development Group, and wants the housing facilities to be available for occupancy by Fall 2014, according to the report.
"WVU, after analysis and consideration, believes that the Property is uniquely positioned to meet critical current and future needs of WVU. WVU recognizes that, to support its 2020 Plan, safe and affordable student housing and related amenities will be critical for success of its educational and academic mission and that property for such housing and related amenities located within close distance to WVU's downtown campus will be in high demand and potentially unavailable," the report states.
Earlier this year, WVU announced plans to buy land for $9.5 million adjacent to Sunnyside.