Property Purchases for New OSU Bend Campus Approved by State Board of Higher Education The Finance & Administration Committee of the Oregon State Board of Higher Education on Friday approved Oregon State University – Cascades’ purchase of two real estate properties comprising 56 acres in southwest Bend, Ore., paving the way for a physical campus for the branch campus.
Sales of the purchases will close following a due diligence period on each. The closing on the 10-acre parcel currently owned by Cascades Property Holdings, LLC is anticipated in October. The closing on the 46-acre property, owned by 4-R Equipment, LLC is anticipated in March 2014. The extended due diligence period for the larger parcel, part of which contains a pumice mine and the balance of which is zoned for residential use, allows the university and seller to fully develop and assess a remediation plan.
University leaders are working with the City of Bend and the Campus Expansion Advisory Committee to outline a master planning process and engage stakeholders from throughout the community in order to develop a university campus that aligns with the educational, economic and cultural needs of the region. The branch campus plans to expand to a four-year university, welcoming its first freshmen and sophomores in fall 2015.
About OSU-Cascades: Located in Bend, Ore., Oregon State University’s branch campus features outstanding faculty in degree programs that reflect Central Oregon’s vibrant economy and abundant natural resources. Eighteen undergraduate majors, 30 minors and options, and three graduate programs include computer science, energy systems engineering, exercise and sport science, hospitality management, and tourism and outdoor leadership. The branch campus plans to expand to a four-year university beginning fall 2015.
