Western Carolina University is expected to get the go-ahead this month to place development of the Millennial Campus under the control of WCU’s endowment fund.
University officials believe the endowment fund would serve as a better vehicle to foster the public-private initiatives envisioned for Millennial Campus, according to the proposal.
In an effort to speed development of its Millennial Campus, Western Carolina University plans to lease the 344-acre tract to a nonprofit endowment — streamlining regulations and eliminating some of red tape the institution must otherwise cut through as a state entity.
Western Carolina University will unveil a state-of-the art $46 million Health and Human Sciences building when students return to campus in a few weeks.
The new Health and Human Sciences building is the first building to crown WCU’s Millennial Campus, and hopefully a stepping stone to help realize the initial vision for the 344-acre addition to campus.