Merck

The Times Herald (Norristown, PA) - - LO­CAL NEWS -

us­able in­te­rior space and ex­pands the cam­pus to 314 acres, the univer­sity said in a Dec. 6 re­lease.

“We are ab­so­lutely thrilled that we were able to take ad­van­tage of such a once-in-a-life­time op­por­tu­nity to pur­chase this prime piece of prop­erty,” GMer­cyU Pres­i­dent Deanne D’Emilio said in the re­lease. “Some of our cur­rent fa­cil­i­ties are burst­ing at the seams, and this new space will pro­vide ex­cit­ing op­por­tu­ni­ties to ex­pand and en­hance the ed­u­ca­tional pro­grams avail­able to new and con­tin­u­ing GMer­cyU stu­dents.”

In an­swer to emailed ques­tions about the pur­chase, Meghan Orsino, Gwynedd Mercy’s mar­ket­ing and pub­lic re­la­tions man­ager, said the school is in the early stages of de­ter­min­ing when classes will be­gin in the ex­ist­ing build­ing.

“It is still very early in the process, con­sid­er­ing we only pur­chased the prop­erty on De­cem­ber 4,” she wrote. “Our next steps in­clude cre­at­ing a de­tailed de­vel­op­ment time­line as a part of our over­all cam­pus mas­ter plan.”

The pur­chase price is not be­ing re­leased at this time, she wrote, “but we are ab­so­lutely thrilled that we could take ad­van­tage of this once-in-a-life­time op­por­tu­nity to dou­ble the size of our cam­pus.”

“The Univer­sity plans to trans­form the prop­erty into a state-of-theart fa­cil­ity that will sup­port in­no­va­tive teach­ing and learn­ing ini­tia­tives that en­hance ex­ist­ing pro­grams and sup­port the in­tro­duc­tion of new mar­ke­tre­spon­sive pro­grams,” the re­lease said.

“As we cel­e­brate our 70th year and the 175th an­niver­sary of the Sis­ters of Mercy jour­ney to Amer­ica, we are ex­cited by the many pos­si­bil­i­ties this ven­ture presents to fur­ther dif­fer­en­ti­ate the GMer­cyU brand as a Catholic univer­sity leader in pro­fes­sional and health­care ed­u­ca­tion,” D’Emilio said.

Jones Lang LaSalle Inc. (JLL) was Merck’s rep­re­sen­ta­tive in the sale, the re­lease said.

“Gwynedd Mercy Univer­sity is such a val­ued and trea­sured part of the Lower Gwynedd com­mu­nity and I con­grat­u­late them on mak­ing such a strate­gic in­vest­ment in their fu­ture,” Lower Gwynedd Town­ship Board of Su­per­vi­sors Chair Kath­leen Hun­sicker said in the re­lease. “This ex­pan­sion will make it pos­si­ble for our home­town Univer­sity to bring an even larger group of stu­dents from through­out the Com­mon­wealth and around the world to en­joy all that our com­mu­nity has to of­fer.”

“The world needs more Dis­tinc­tive Mercy Grad­u­ates who stand ready to make a real and last­ing dif­fer­ence in the com­mu­ni­ties in which they live and work,” D’Emilio said. “We are ex­cited about what the fu­ture holds for GMer­cyU, and for our cur­rent and fu­ture alumni.”

“Founded by the Sis­ters of Mercy in 1948, Gwynedd Mercy Univer­sity is a co­ed­u­ca­tional in­sti­tu­tion of­fer­ing more than 40 bach­e­lor’s, mas­ter’s, and as­so­ciate de­gree pro­grams as well as two doc­toral pro­grams on a full- and part­time ba­sis,” in­for­ma­tion in the re­lease said.

Along with the main cam­pus on Sum­ney­town Pike be­tween routes 202 and 309 in Gwynedd Val­ley, the univer­sity has on­ground and on­line de­gree pro­grams for adults through Philadel­phia and Ben­salem cam­puses, the in­for­ma­tion said.

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