204027 WVU Facilities - West Virginia University

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Land Holdings WVU is launching a more strategic and sophisticated program of real estate acquisition and development. WVU continues to analyze properties for possible acquisition and will continue to acquire strategic property. Properties of interest include those that help define campus edges and for development into gateways. A shift in strategy will place an emphasis on using real estate assets to provide additional financial support for institutional operations. Three primary goals are (1) to use real estate more effectively for improving instruction, research, and service, (2) to increase its revenue base through its real estate holdings, and (3) to continue to and improve its good relationship with neighbors through long-term land use planning. The University will more fully integrate the acquisition, development, and management of real estate into its strategies for achieving objectives. Real estate assets will be expected to provide new revenues as well as providing productive space for programs. Methods of achieving these goals include ground leases, development with private for-profit parties, natural resource sales, turning non-essential gifted properties into investments and leveraging endowment funds for financing. To effect these actions the University may establish a real estate development and management subsidiary staffed by real estate professionals with expertise in acquisition and development. WVU also manages many farm and forest properties Memorial, Reedsville, Terra Alta, Tygart Valley, Willow Bend, Winding Gulf, and Ohio Valley, to mention a few. 40 Parcel A 9.99 acres Parcel B 31.05 acres Parcel C 17.26 acres TOTAL 58.3 acres A potential campus is the WVU Charleston Research Campus. It is located in the South Charleston area, and consisting of two buildings on a 58-acre parcel. The property was once owned by DOW/Union Carbide Corporation.
Appendix A – Capital Projects Completed since 1996 Project Name Campus Functional Area Project End Project Cost Date Evansdale Health Sciences Center (HSC) Research Park Potomac State College (PSC) Jackson’s Mill WVU Institute of Technology Instructional Research Student Services Auxiliary Enterprises Public Service Support Initiatives Athletics 41
Page 1 and 2: Ten-Year Master Plan 2006 West Virg
Page 3 and 4: Table of Contents Statement of Purp
Page 5 and 6: also reflects the University’s pl
Page 7 and 8: WVU Mission West Virginia Universit
Page 9 and 10: Build academic culture: WVU will co
Page 11 and 12: Capital Construction List Projects
Page 13 and 14: Downtown Campus Map Downtown campus
Page 15 and 16: Project Name: Student Services Supp
Page 17 and 18: Evansdale Campus Map—East Evansda
Page 19 and 20: Evansdale Campus Development 19
Page 21 and 22: Project Name: Student Health/Carrut
Page 23 and 24: Project Name: Art Museum (Alumni Ce
Page 25 and 26: Project Name: Basketball Practice F
Page 27 and 28: Health Sciences Center Map Health S
Page 29 and 30: General University Five-Year Mainte
Page 31 and 32: Five Years (FY 2007-FY 2011) Mainte
Page 33 and 34: SITE Project Name: Transportation C
Page 35 and 36: Potomac State College Projects Proj
Page 37 and 38: Jackson’s Mill Map Jackson’s J
Page 39: WVU Parkersburg Map WVU at Parkersb
Page 43: Appendix C - Other Planning Documen

204027 WVU Facilities - West Virginia University

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