UL Lafayette, Our Lady of Lourdes finalize property acquisition

UL Lafayette, Our Lady of Lourdes finalize property acquisition
Our Lady of Lourdes finalize property acquisition — University of Louisiana
0Comments

The University of Louisiana at Lafayette has purchased 19.2 acres from Our Lady of Lourdes Regional Medical Center.
 
The acquisition “further enables the fulfillment of the vision the University has for advancing health care in our region,” said Dr. Joseph Savoie, president.
 
UL Lafayette will use the land – adjacent to the University and formerly the site of Our Lady of Lourdes Regional Medical Center – for a new health sciences campus. The purchase also moves UL Lafayette closer to uniting the main campus with University Research Park and the athletics complex, a goal of its 2012 Master Plan.
 
The agreement between the University and Lourdes was finalized Feb. 28. The $9 million cash sale includes buildings and four properties:

  • 17.305 undeveloped acres at the corner of St. Landry and St. Julien streets.
  • Slightly over 1 acre on St. Louis Street that’s the site of a parking garage.
  • A .720-acre tract at St. Landry and St. Julien streets containing a parking lot.
  • A .196-acre lot at St. Landry and St. Thomas streets with an office building.

Donna Landry, Our Lady of Lourdes’ chief operating officer, noted that the property UL Lafayette acquired “carries a legacy of service to the region that will continue under the University’s stewardship.”

“In 1949, Bishop Jeanmard called the new Lourdes hospital ‘a great blessing to fill the long felt need in Lafayette.’ Today, those sentiments continue to resonate knowing our legacy campus will be a place where generations of future nurses and other health professionals come to train. We are honored to be part of this blessing for Acadiana,” Landry said.

This 19.2-acre acquisition from Lourdes is separate from an additional purchase UL Lafayette finalized in June of last year. That agreement – between the University and the Diocese of Lafayette – was for 5.834 acres at West St. Mary Boulevard and St. Landry Street.

This tract contains medical office buildings and other facilities that were part of the Lourdes hospital complex. They will form the nucleus of the University’s new health sciences campus. UL Lafayette has begun renovations in one of the structures, the St. Francis Building; some upper-level students enrolled in the College of Nursing & Health Sciences are anticipated to take classes there starting in the fall semester.

Savoie noted that the two acquisitions increase the size of UL Lafayette’s campus by more than 25 acres; over 23 of those acres – from West St. Mary Boulevard to St. Julien Street – are contiguous. “The possibilities these acres hold are extraordinary,” he said, and enable the University to pursue multiple objectives.

“We want to increase the number of nursing and health sciences students we enroll and graduate; expand degree programs; enhance existing partnerships with health providers and build others; create collaborations with professional schools and health systems; and deepen relationships with

Original source can be found here.



Related

President Joseph Savoie - University of Louisiana at Lafayette

Cost for all University of Louisiana at Lafayette students increased during 2022-23 school year

Tuition for in-state students at the University of Louisiana at Lafayette increased by 0.3% during the 2022-23 academic year, according to recent data, according to the latest disclosure from the National Center for Education Statistics.

Dana Phillips, Director of Career Services at Remington College-Lafayette Campus - LinkedIn

Cost of education increases for all students at Remington College-Lafayette Campus in 2022-23 school year

Tuition at Remington College-Lafayette Campus increased by 28.4% for the 2022-23 academic year, according to recent disclosures, according to the latest disclosure from the National Center for Education Statistics.

John De Margheriti Chairman and CEO - Academy of Interactive Entertainment

Cost of college increased for all Academy of Interactive Entertainment students during 2022-23 school year

Tuition at the Academy of Interactive Entertainment increased by 3.1% for the 2022-23 academic year, according to the latest data, according to the latest disclosure from the National Center for Education Statistics.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Lafayette Reporter.