- University purchases Porter Hospital property
Valparaiso University President Mark A. Heckler is joined by Porter Health System CEO Jonathan Nalli (left) and Valparaiso Mayor Jon Costas (right) as the University's purchase of the hospital property is announced Sept. 12. Sept. 12, 2011
Land supports Valpo's expansion goals
Officials from Porter Hospital and Valparaiso University announced Monday, Sept. 12, the sale of the hospital property and its surrounding properties to the University during a joint press conference, hosted by University President Mark A. Heckler and Porter Health System CEO Jonathan Nalli.
"The purchase of this property is a strategic investment for the University that is directly aligned to the Strategic Plan and supports its growth objectives," Heckler said. "The acquisition of this land will ensure that the physical environment of the campus supports the expansion goals of the University while creating even deeper connections between the University and the city of Valparaiso on the north side of campus."
Porter Hospital will be demolished and the land will be environmentally remediated as part of the purchase agreement, although some of the hospital's property assets, such as the parking garage, may be retained once a full review of the land and property has been conducted. The official land purchase is expected to be completed sometime in 2013, when the new Porter Hospital is officially opened and the purchased property has been fully remediated.
"This is an exciting time for Valparaiso University, as we make important investments that will help to shape our campus, create stronger bonds with the city of Valparaiso, and further support the growth initiatives of the University's Strategic Plan," Heckler said.
For more information about Valparaiso University, please visit www.valpo.edu. For additional details on the University’s new Strategic Plan, please visit www.valpo.edu/strategicplan.