Thiel College Secures $16M for Capital Improvements
GREENVILLE, Pa. — Thiel College announced it has secured $16 million in financing to begin capital improvement projects, including a renovation of its largest academic building.
The first phase of the two-part project includes “substantial renovation” to the Rhodehouse Science Building and the Academic Center, the largest academic building on campus. Improvements include an innovative lab and classroom spaces for Thiel’s new graduate programs in physician assistant studies and speech-language pathology, according to a release. The physician assistant studies space will include a cadaver lab.
Phase 1 construction is supported by $1 million awarded to the college through a state Redevelopment Assistance Capital Program for improvements to laboratories, classrooms and common areas.
“I am grateful to Thiel’s Board of Trustees and the College’s leadership team who worked tirelessly on this financing and the planning of these projects. I also deeply appreciate the cooperation and aid of the Penn Northwest Development Corporation and elected officials at the county and state level, who understood the economic value to our region of these investments in the College,” President Susan Traverso said. “The scope of these projects will enrich almost every aspect of a student’s life on campus.”
The larger, second phase begins May 2021 and will include improvements to the science and academic centers, as well as new and improved athletic facilities. Over the next two years, improvements will include renovations to residential buildings, including bathrooms and common areas, according to the release.
Thiel opened the project to competitive bids and local contractors have been selected for many of the projects, the release states.
Published by The Business Journal, Youngstown, Ohio.