Aquinas College is no longer pursuing the acquisition of the Welch College campus located on the city's west side.
In a release posted on the Aquinas website (read here), officials with the private Catholic college note an expansion of the long-standing Dominican campus, located at 4210 Harding Pike, will be undertaken instead.
"After considering the requirements of the new strategic plan and a long period of due diligence, Aquinas will not be pursuing the Welch College campus it had been considering since early 2013," the release reads. "Aquinas College and its Board of Directors explored a variety of options for expansion, including the Welch Campus."
The first phase of the Aquinas growth plan will involve the construction of a multi-purpose facility to include a residential hall, student life center and dining facility, according to the release. Phase I targets a fall 2015 semester for usage.
"Now that direction has been determined, Aquinas College is moving forward on first-phase construction planning and is developing a master plan for the current Aquinas Campus," the release reads. "The college will be excited to share that plan and its complimentary strategic growth plan with the community when they are finalized."
In October, Welch and Aquinas officials announced their planned transaction (read more here). Financial terms were not disclosed at the time.
Welch College, the entrance of which fronts West End Avenue, is planning to move to a 66-acre site in Gallatin. It is unclear what this latest development will mean for the college, which is affiliated with the National Association of Free Will Baptists.
POSTDATA: WARRANTY DEEDS