PNCA moves one step closer to a North Park campus

PNCA moves one step closer to a North Park campus with the sale of the Main Campus Building to Seattle-based Security Properties.  The College will continue to lease back the NW Johnson campus building until relocating to the new campus in January 2015. The net equity PNCA will realize from the $11.75 million sale is part of the financing structure for the $32 million construction project, which will transform the current federal building into the Arlene and Harold Schnitzer Center for Art and Design. Work on the project is scheduled to begin this fall.  Interest over PNCA’s transformative move is growing and the College’s capital campaign—Creativity Works Here—is well on its way of meeting the $15 million goal with recent gifts pushing the total over $11.2 million.

Posted on 10/03 at 01:44 PM

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