Franklin University Purchases Neff Building
For Immediate Release: February 10, 2011
Contact Sherry Mercurio, Director of Public Relations
Columbus, OH —
Franklin University, a leading educator of working adults in Central Ohio, is pleased to announce the expansion of its Main Campus, downtown with the purchase of the 15,000 square foot Neff Building located at 360 South Grant. Once renovations are complete in late Spring, the new space will house the University's College of Arts, Sciences & Technology faculty and administrative offices.
The announcement of the acquisition of the Neff Building is the latest milestone in the University’s overall strategic growth plan, which sets out to strengthen its resources and offerings by expanding educational opportunities to ever greater numbers of students across the country and around the world.
To accomplish this growth, Franklin began expanding its academic offerings, and since 2007 has added nine undergraduate and three graduate programs. In 2008, the University underwent a reorganization of its academic structure in which the College of Business and the College of Arts, Sciences and Technology were formed.
Reorganization and academic expansion has resulted in a 40% increase in the number of faculty and staff over the past three years. In addition to strengthening Central Ohio’s economy through increased staffing, renovations on the Neff Building will further boost the University’s financial impact on the area.
The $2.5 million spent on the purchase and planned renovation of the Neff Building is just one component of the nearly $15 million spent by Franklin since the creation of its strategic growth plan. In accordance with its strategy, the University purchased the former MORPC building at 285 Main St. in 2008, space for the University’s expansion in Indianapolis in 2009, as well as numerous projects enhancing the University’s existing physical infrastructure in Central Ohio. In addition, as part of recent planning efforts, Franklin formalized a five-year contract with Voght Santer Insights to lease 12,000 of the 15,000 square feet of office space located at 363 E. Town.
“The addition of the Neff Building to the University’s Main Campus allows Franklin to provide additional professional office environment for our growing number of full-time faculty members,” said Dr. David Decker, President, Franklin University. “This latest addition to our Main Campus will further reinforce Franklin’s position as the southeast anchor of the city’s Special Improvement District, which, along with the completion of the 70/71 split project, will create a new neighborhood gateway on Grant Avenue.”
Redesign for both the Town and Grant locations will mirror recent updates through the rest of the University with access to natural light, and work environments that foster collaboration with high quality spaces for faculty, staff, and students.
About Franklin University
Founded in 1902, Franklin University is one of the leading and most experienced educators of adult students. Annually, nearly 10,000 students attend Franklin, through its Main Campus in downtown Columbus, Ohio, three Central Ohio locations, regional locations in Beavercreek, Ohio and Indianapolis, as well as at five co-locations across Ohio, in addition to online. Franklin offers more than 40 undergraduate and graduate programs (including the new Risk Management and Insurance undergraduate major) and graduates more than 1,500 students annually. The University's MBA program is offered internationally through agreements with institutions in Europe and the Middle East. Further information regarding Franklin University can be found at www.franklin.edu.
Franklin University is accredited by The Higher Learning Commission (HLC), the International Assembly for Collegiate Business Education (IACBE), and the Commission on Collegiate Nursing Education (CCNE).