Hours after receiving word that a $24 million expansion was approved by the Indiana Legislature, Ivy Tech Community College’s Bloomington chancellor was already looking ahead for more expansion opportunities.
Chancellor John Whikehart presented a request to the Monroe County Redevelopment Commission Wednesday evening for $1.6 million to help finance the purchase and renovation of the Pain Real Estate building at the intersection of Daniel’s Way and Ind. 48, just west of Ivy Tech’s main academic building. The total amount needed for the project would be about $3.6 million, Whikehart said.
Ivy Tech’s growth has outpaced its population projections, which called for the Bloomington campus to have about 5,000 students this year. The 2013 population is about 6,800, Whikehart said. To help accommodate that growth, the college is leasing additional buildings for about $500,000 per year.
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