Taylor Campus Listed for Sale
- Last Updated: 14 February 2013
The campus of Taylor University College and Seminary has been listed for sale or lease through the commercial real estate firm Colliers International. This listing is an important step as the Board of Trustees considers the best use of Taylor's surplus space, however no decision has been made as to whether the campus will actually be sold in whole or in part.
Following the announcement that Taylor would wind down its university college programs, administration received numerous inquiries about our facilities from potential renters and buyers. It has become apparent that the best way to determine the value of the Taylor campus is to take it to the market with a public listing.
As Taylor’s projected cumulative debt in recent years, the Board had already begun to consider using the southern half of the campus as a way to generate revenue. Recent circumstances have created a situation in which all options must be carefully considered. Taylor's debt stands in the way of ongoing effectiveness and must be dealt with and we invite you to join us as we prayerfully discern the wisest stewardship of our resources.
Taylor sits on a beautiful 26-acre site in southwest Edmonton. Purchased by the school’s alumni in the 1960’s, the site has been home to generations of students and the Taylor community feels a strong attachment to it.
Again, no decision has yet been made as to whether the campus will be sold; once all expressions of interest have been evaluated, the Board will consider the best use of this treasured asset in light of our ongoing needs.