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The purpose of this blog is to lend transparency to the marketing efforts of Innovation Ads. We are interested in cutting cost in public education by de-segmenting the enrollment management process, while providing a better marketing model for not-for-profit public education.

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Like Schools Across the Country, Yale Acquires More Acreage

Yale Purchases 136 Acres for Biology Facilities

 

Angela Januzzi

July 9, 2007

 

In order to acquire state-of-the-art science buildings at a lower cost, Yale is moving forward with its announced purchase of the 136-acre Bayer Healthcare Campus. Other schools across the country are also following the trend of local land purchasing, including Harvard, the University of Pennsylvania, and Columbia, but non-Ivy League state schools are also doing so.

 

A Yale official confirmed that the price for the land would be approximately $100 million, and the initiative is expected to begin this November. At a time when biological research is an accelerating research area, schools have quickly adjusted to property purchasing, in hopes of attracting the high-profile professors and facilities needed to compete in the field.

 

Source: Arenson, Karen. "At Yale, A New Campus Just for Research." nytimes.com. Posted July 4th, 2007.

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