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Thiel College secures financing to begin $16 million in capital improvement projects

 

Thiel College secures financing to begin $16 million in capital improvement projects

GREENVILLE, Pa.—Thiel College has secured the financing to begin $16 million in capital improvement projects.

Phase 1 of the two-part project is already underway and includes the substantial renovation of the Rhodehouse Science Building and the Academic Center, the largest academic building on campus. These improvements will create innovative lab and classroom spaces for the College’s new graduate programs in Physician Assistant Studies and Speech-Language Pathology. The physician assistant program facilities will include a new cadaver lab. The construction in Phase 1 is also supported by $1 million for improvements to laboratories, classrooms and common areas awarded to the College through a state Redevelopment Assistance Capital Program (RACP).

 “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, Ph.D. said. “The scope of these projects will enrich almost every aspect of a student’s life on campus.”

The Mercer County Industrial Development Authority was instrumental in this process, and the entire College community is thankful for its dedication to the region and leadership on this initiative, Vice President of College Advancement Roberta Leonard said.  

The larger second phase will begin in May 2021 and will expand improvements throughout the science and academic centers, as well as new and improved athletic facilities. Improvements in several residential buildings will also unfold over the next two years, including renovations of bathrooms and common areas.

The College opened Phase 1 of the project to competitive bids, and local contractors have been selected for these vital improvements.

The College is in the planning stages of Phase 2 and will be working with elected officials, donors and friends of the College to secure additional support.

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About Thiel College

Thiel College is an independent college founded in the Lutheran tradition. Located in Greenville, Pa., the College offers 60 majors and minors, 24 varsity sports, and an 11:1 student-faculty ratio. The College is also home to a Master of Science in speech-language pathology, a Leadership Master of Business Administration and a Management Master of Business Administration. Both master’s degree programs offer innovative and accelerated five-year paths which allow students to earn a bachelor’s and master’s degree in five years. The speech-language pathology program also has an accelerated 15-month graduate-level program. The M.B.A. program also has a 12-month post-graduate program. A dedicated faculty paired with dynamic research and internship opportunities produce numerous graduate school and job placements. Coeducational from its beginnings, the College remains committed to combining tradition with innovation.


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