Message From the President
In the first week of July, IUP celebrated the launching of the final phase of the university’s Student Residential Revival with a groundbreaking ceremony for the Crimson Suites. While this event marked the start of yet one more capital project at IUP, it was much more than that. It represented the culmination of the largest student housing replacement project in the nation. The event also was symbolic of the university’s resolve to secure a promising future for the institution and its students.
At its conclusion, this multiphased, $270-million project will have been completed in approximately five years. It will have transformed both the physical landscape and the emotional landscape of the Indiana campus. The final chapter in this glorious capital project would not be moving forward were it not for the courageous and persistent efforts of many individuals.
It is fair to say that achieving the financing for this final phase of the project was a very steep mountain to climb, given the unforeseen onslaught of a national economic recession. There were numerous additional challenges and obstacles that could have prevented the launch of the fourth phase of the Student Residential Revival. Indeed, there were many twists and turns as IUP, the Foundation for IUP, and their partners in the project scaled this mountain. It is not an exaggeration to say that together we seized victory from the jaws of defeat. We were able to retrieve success from the hot coals of adversity.
The fortitude and courage of the Foundation for IUP and the university administrative team, together with their corporate partners, made what was seemingly impossible possible. I am grateful and pleased that we were able to advance this project in such a way that all four phases will have been completed by August 2010. It has taken extraordinary teamwork and fortitude to make this happen. Consequently, we have gone above and beyond expectations.
I am very pleased that our local financial institutions stepped forward and took the lead on financing the final phase of this project. This truly reflects their continuing support for IUP and for the growth and prosperity of our entire region.
By completing this monumental project, we are ensuring that IUP remains one of the finest public doctoral universities in America for generations to come.