October 07, 2011
Pacific Union College has listed property that is non-essential to the core educational mission of the college. The listing encompasses the property east of the airport and Belleau Field--all of which is zoned agricultural or ag/watershed and so could not be utilized for a future expansion of the main campus. This property is currently not in use by the college and is not being planned for use in our long-term Campus Master Plan, which was completed in June 2011 and which extends to 2050. A portion of the property, the 900 acres of forest land, if sold, would be preserved and protected in its natural state.
All net proceeds will go into the college's endowment. Details regarding business proceedings on the property are confidential.
The decision to list property is in accordance with a 2002 board resolution to liquidate non-essential assets to ensure that the College has resources to meet its current financial obligations, as well as to achieve its long-term financial objectives for its future growth and development.
Since 2004, PUC has had Napa County’s approval to build 191 housing units in select parcels zoned urban residential. However, those parcels are not part of this listing, and currently the college has no plans to develop those parcels. Heather Knight, president of Pacific Union College, will be analyzing the housing needs of both the college and St. Helena Hospital before developing plans in this regard. She also plans to continue dialoguing with the community to explore ways in which to strengthen PUC’s linkages and service to the surrounding community.
The property is listed with Cornish and Carey Commercial Newmark Knight Frank. All interested parties should contact Cornish and Carey directly.
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