Carleton completed the purchase of 200 Division Street (formerly known as the Medical Arts Building). The College will use a portion of the building for expanded SERC operations, as well as move some additional administrative offices into the unoccupied top floor. (photo by Doug Bratland/Carleton College)
Northfield, Minn.— Carleton College has announced the purchase of the building at 200 Division Street, formerly known as the Medical Arts Building, in Northfield.
The College has been a major tenant in the building since 2005 when the Science Education Resource Center (SERC) relocated there. The acquisition will allow Carleton to use a portion of the building to expand much-needed space for SERC operations, as well as move some additional administrative functions out of core academic buildings on campus.
“This unique opportunity not only allows Carleton to create more academic space in the center of campus, it also gives the College a chance to enhance its interface with the Northfield community,” noted Vice President and Treasurer Fred Rogers. “We believe this is a win for Carleton and a win for Northfield’s downtown.”
The College will acquire new space in central campus, much cheaper than it could construct it, and intends to honor all existing leases and to leave the building on the tax roles at this time, Rogers added. “As a result this initiative is intended to enable new and expanded classrooms and academic space in key academic buildings on the west side of campus without an ongoing impact on the operating budget of the College,” he said.
The three-story, 20,400-square foot building was constructed in 1948. The building lot is about a third of an acre and includes 15 parking spaces. The College expects renovation work at the building to begin early this summer and conclude before the end of the year.