Passion for property may halt university expansion

Ball State University (full disclosure: my employer) is seeking to acquire property adjacent to campus in order to build facilities that will “house 50 dorm rooms, 100 hotel rooms, a series of conference rooms, a student-run retail area and two restaurants.”

The expected cost of the project is around $25 million. There is one parcel of property in the plan Ball State does not yet own: a copy shop owned by Chris Hiatt, a local businessman. As of this writing Mr. Hiatt and the university have not come to an agreement.

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