Fanshawe College is finalizing the purchase of the Kingsmill’s building.
The school has waived the conditions and there are just a few more things to be looked over.
Fanshawe College President Peter Devlin says they should have the keys in their hands by the end of the month.
The College is also in the stages of finalizing a Request for Proposals for the design phase and expects to issue the RFP shortly.
Fanshawe President Peter Devlin says he is excited to expand their presence downtown.
“The Centre for Digital and Performance Arts in the Howard W. Rundle Building has been a resounding success and we know that a London Downtown Campus is going to have a significant positive impact on the downtown with the energy of 2,000 students.”
This is Fanshawe’s second phase for their downtown plan.
When complete, this building will join the Howard W. Rundle Building across the street to complete its downtown campus.
The School of Information Technology and the School of Tourism and Hospitality will move to the downtown campus.
They say this will help free up much needed space at their main campus in London, as the College continues to expand its programs and its number of students.
The Kingsmill’s purchase came with controversy after the city was split giving the college money to fund the project. Council decided to fund the building after the Downtown Businesses Improvement Association contributed $1-million. Council then agreed to give $9-million over the next 10 years.
The building is expected fully open by 2018.