![]() |
![]() |
||
New opportunities arise as the campus grows The college acted swiftly when in January the closure of Eastmoreland Hospital, whose grounds abut Reed’s campus on the north and west sides, was reported in the local news. President Diver obtained the approval of the executive committee of Reed’s board of trustees to bid for the property, and Reed College became the new owner of the seven-plus acres of land and buildings on February 12. Current operating reserves were used to complete the $5.2 million purchase. President Diver said, “We are lucky and very pleased indeed to have been able to act on this opportunity for Reed. This acquisition is an important addition to the college’s amenities—a way eventually to increase and improve our facilities and services, to become even more attractive to prospective students, provide better support for current students and the academic program generally, and increase our service to the community.” |
|||
|
While there are no plans to increase the size of the student body, the college
has been experiencing unprecedented demands on its physical spaces. Reed is retaining more
students than ever, offering more student- and faculty-driven activities and programs, and
attracting more of the Portland community to campus. More students wish to live on campus and
cannot be accommodated, parking capacity is overwhelmed during large events, and classroom,
office, and meeting spaces are strained. Reed community members in need of urgent medical care are now directed to
neighboring hospitals; the nearest emergency room is about three miles from campus. Eastmoreland
Hospital had struggled in recent years and apparently could not sustain its operations. The
latest in a succession of short-term owners, a Nashville-based, for-profit hospital management
company, was near bankruptcy. A group of physicians made, but then withdrew, an offer on the
property, and the path was laid for an addition to Reed that can help it be more supportive
and valuable to all of its constituencies, as the college’s needs continue to evolve. |
|
||
| |
next page |
||