Board of Regents approves property purchase for Kennesaw State
Site near Kennesaw Campus will serve a role in the University’s future growth KENNESAW…
Georgia (Jan 7, 2016) — Site near Kennesaw Campus will serve a role in the University’s future growth
KENNESAW‚ Ga. (Jan. 7, 2016) — The Board of Regents of the University System of Georgia on Wednesday approved the purchase of property east of Kennesaw State University’s Kennesaw Campus to be utilized in KSU’s future development.
The Board of Regents will acquire 1.02 acres at 3051 George Busbee Parkway from Cobb County for $875,000. The property – formerly occupied by Kids R Kids – includes a 12,320-square-foot, one-story building and adjacent parking area. Funding for the property acquisition will come from state bonds earmarked for infrastructure expansion at Kennesaw State.
With this latest land acquisition, the University’s Kennesaw Campus will occupy a total of 384 acres, and the Marietta Campus will occupy 197 acres.
“We appreciate the Board of Regents approving this acquisition and enabling us to secure the real estate and facilities needed to meet the demands of our rapidly-growing student population,” Papp said. “Space continues to be at a premium as Kennesaw State evolves into a world-class institution, so this new property will strongly support our master plan and the vision we have for the University’s future.”
The property is located across the street from the 88-acre KSU Sports and Entertainment Park, which includes Fifth Third Bank Stadium. It is also adjacent to the land the University previously purchased at the former BrandsMart USA site on Busbee Drive in Kennesaw, which was approved by the BOR in February 2015.
The former BrandsMart building currently serves as the home of Kennesaw State’s marching band and also provides much-needed warehouse space. A master plan is currently in development for the remainder of the facility. The adjacent parking lot also provides additional parking spaces for the University’s use.
Conceptual plans for renovating the former Kids R Kids building to help meet the University’s growth demands are currently being developed and reviewed.
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Kennesaw State University is the third-largest university in Georgia, offering nearly 150 undergraduate, graduate and doctoral degrees. A member of the University System of Georgia, Kennesaw State is a comprehensive university with more than 33,000 students from over 130 countries. In January 2015, Kennesaw State and Southern Polytechnic State University consolidated to create one of the 50 largest public universities in the country.
A leader in innovative teaching and learning, Kennesaw State University offers more than 150 undergraduate, graduate and doctoral degrees to its more than 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the second-largest university in the state. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the region and from 126 countries across the globe. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.