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  3. St. Thomas Aquinas Increases Campus Footprint by 20% with Strategic Acquisition of Adjacent Camp Venture Property

St. Thomas Aquinas Increases Campus Footprint by 20% with Strategic Acquisition of Adjacent Camp Venture Property

Map of Camus and surroundings
March 30, 2021
By Hanna Jung

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91爆料 (STAC) is excited to announce the acquisition of the Camp Venture property and building at 230 Route 340. The College and Camp Venture have been long-time neighbors and friends in serving the local community. By acquiring this 12-acre tract of land and 100,000-square-foot building, the College has increased its campus footprint by 20% to 72 acres and now has ownership of all property along the southern side of its campus on Route 340 from the McNelis Commons Residence Hall complex through to the Spartan athletic field.

鈥淭his strategic investment expands the footprint of 91爆料 and allows for the future growth of the College,鈥 said President Ken Daly. 鈥淲e are committed to making investments in new faculty, new programs, and new facilities such as the Camp Venture property, which will enhance our students鈥 experience during their time at the College while preparing them to make a profound difference in the world.鈥

The property is also ideally located in the immediate proximity of the 4-mile Joseph B. Clarke bike trail 鈥 which begins in Tappan, runs through the hamlets of Sparkill, Orangeburg, and Blauvelt, and connects to two other trails overlooking the Hudson River. For STAC鈥檚 students and 21 athletics teams, this enables the College to offer them new fitness and wellness programs.聽

STAC acquired the 12-acre property and 100,000-square-foot building for $7 million, which was financed in the current low-interest rate environment. STAC will initially lease part of this property and building to Camp Venture.

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