Purdue aims to buy Aspire, rather than waiting on dorm
Proposed deal would make three-year-old apartment complex on State Street part of Purdue’s residence hall options, as enrollment grows
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PURDUE SETS UP A WAY TO BUY ASPIRE, AS QUICK FIX ON DORM SPACE
Purdue, struggling to find enough beds for students who want to live on campus, made arrangements last week to buy Aspire, an 831-bed complex built three years ago across State Street from campus.
Purdue trustees fashioned a plan Friday that would have Purdue Research Foundation – a private real estate arm of the university – buy the property and hold on to it until the university gets approval from the state budget committee and the Indiana Commission for Higher Education to make the purchase.
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