Northwood University Florida Reveals Exciting Plans for Growth
The announcement was made at the university's recent Restoring the American Dream Capital Campaign Party.
December 6, 2012
Northwood University Florida President & CEO Dr. Keith Pretty and Campus President Dr. Tom Duncan recently announced exciting plans for growth as part of the public phase of the university's Restoring the American Dream Capital Campaign.
The campaign, an 80 million dollar system-wide effort, and the largest ever in Northwood's history, will transform the university from a respected business school into a globally acclaimed leader in free-market thought and leadership and in the development of executives and entrepreneurs ready to lead and guide organizations from day one.
Highlight's of the Florida announcement included:
A New Village Boulevard Gateway
Village Boulevard is a main thoroughfare that borders the east side of Northwood's Florida campus. The well-travelled road serves as a connector to residential and commercial properties in a well-respected area of West Palm Beach. A new entrance to the campus will provide increased visibility and access in an area that is safe and convenient for students, faculty, and staff.
The approximate projected cost of $2,000,000 includes construction of a new gatehouse, entry road and bridge, landscaping and lighting. An additional parking lot will be constructed to replace spaces, and to add convenience for students and faculty accessing the DeVos-Cook Academic Building.
A New Academic Center
The new academic facility will house Northwood University Florida's Richard M. DeVos Graduate School of Management and future graduate programs, and will create a learning environment that fosters student discussions and collaborations. The Academic Center will provide the local community with arts and culture opportunities, lectures, and meeting space. The approximate projected cost of $6,000,000 reflects the construction of a new facility to house the DeVos MBA Program and provide adequate classroom, office, meeting and event facilities. The two story building concept includes an auditorium, conference rooms, classrooms, computer lab, offices, and a student lounge.
The Addition of New Academic Programs
A variety of bachelor and master degree level programs are in various phases of research and approval for Northwood University Florida which relate to environmental sustainability, organizational leadership, and more.
The public phase of Northwood's comprehensive capital campaign will continue over the next two years. Funds raised will support campus facilities improvement, new graduate school facilities, ongoing scholarship funding, and endowed academic chairs and professors. "In this era of unfunded projects and rampant deficits, we believe one must have funding in place before moving forward on any major initiative," states Pretty. "We practice what we teach our students - the important combination of fiscal responsibility and entrepreneurship."
The University has reached nearly 68 percent of the system-wide $80 million goal during the campaign's "quiet phase." This phase included outreach to large donors -- which is a testament to the school's recognition and respect in the regions and industries that it serves. Northwood now turns to the greater community to help fund its campaign goals. "We now are moving beyond the traditional network, foundations and private donors to the wider community. The University is now seeking support from alumni businesses, friends of the university and others," continues Pretty. "We are optimistic that our benefactors will step forward to help us in our continuing mission to make Northwood University a truly unique place for students to live and learn."
A private, not-for-profit university, Northwood University follows its guiding principle of fiscal responsibility when it comes to implementing a comprehensive capital campaign and achieving financial sustainability across its three campuses in Midland, Michigan, West Palm Beach, Florida, and Cedar Hill, Texas.