Purdue Northwest to Take Over Oak Preserve

Posted: Updated:
VALPARAISO -

Purdue University Northwest has announced the largest donation in its history. Officials with Taltree Arboretum & Gardens in Valparaiso have agreed to donate the arboretum and its more than 300 acres of land to the university in a deal valued at approximately $12 million.

Taltree Arboretum & Gardens is an oak preserve founded by Damien and Rita Gabis that draws nearly 50,000 visitors annually. The couple, along with the board of directors for Taltree Arboretum & Gardens Foundation Inc., have partnered with the university to allow PNW to operate the property "as an arboretum for public, educational, conservation and recreational use."

"We are truly grateful to the Gabis family, as well as the Board of Directors of the Taltree Foundation, for their visionary and generous gift to advance learning, research and engagement in Northwest Indiana," said Thomas Keon, chancellor of Purdue Northwest. “We are tremendously excited about this exceptional opportunity to expand the mission and impact of both the arboretum and PNW."

The property is set to be renamed Gabis Arboretum at Purdue Northwest, though the name change remains subject to final approval by the Purdue University Board of Trustees in February. PNW says the closing of the transfer of ownership is expected to occur in early 2018.

Damien and Rita Gabis purchased the initial plot of land in 1990 and continued to make additional land purchases over the years. Purdue Northwest says the property is home to one of the most diverse oak collections in the nation.

Purdue Northwest says taking over ownership of the property will allow the university to "offer new and expanded academic courses, enhance recruitment efforts, support community educational and outreach programs, conduct new research projects, and engage further with area K-12 teachers and students."

  • Perspectives

    • Expand Your Workforce to Include The Deaf Community

      While there are arguably many minority groups that are grossly underutilized in the workforce, I’d wager that most people do not consider the Deaf community when thinking about diversity and inclusion strategies. The Deaf community shares a unique culture that is closely networked, but few employers know how to tap into this community, which comprises 10 percent of the population. In fact, many people probably see barriers for the Deaf community when it comes to employment...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Indiana Lands $21M in Opioid Treatment Funding

      The U.S. Department of Health and Human Services has awarded more than $18 million to the Indiana Family and Social Services Administration. The two-year grant will be used for opioid treatment services throughout the state.

    • The Union Club Hotel was built in 1929. (photo courtesy of Purdue University)

      $30M Gift to Fund Purdue Hotel Renovation

      Purdue University says it plans to use a $30 million gift to transform an existing building into a world-class hotel. The gift from Bruce White, a Purdue alumnus and former trustee, his wife Beth, and the Dean and Barbara White Foundation, will fund the renovation of the Union Club Hotel, which will also serve as a laboratory learning environment for students. The university says the renovations will feature upgrades in furnishings, fixtures, and amenities for the hotel, as well as a...
    • MainSource to Acquire Kentucky Bank

      Greensburg-based MainSource Financial Group Inc. (Nasdaq: MSFG) has announced plans to acquire Louisville-based FCB Bancorp Inc., the parent of The First Capital Bank of Kentucky. The nearly $57 million cash and stock deal is expected to be complete by the second quarter of 2017.

    • MainSource Completes FCB Acquisition

      Greensburg-based MainSource Financial Group Inc. (Nasdaq: MSFG) has completed its nearly $60 million acquisition of Louisville-based FCB Bancorp Inc. The bank says it plans to fully integrate all First Capital Bank of Kentucky branches into MainSource Bank locations later in the second quarter.

    • Cottongim Joins Taft’s Municipal And Legislative Team

      Taft Stettinius & Hollister LLP has added Ann Cottongim as director of municipal and legislative relations. In this role, she will direct the firm's objectives involving local and state government affairs by maintaining and nurturing relationships with municipal, county and state officials. She previously served as deputy director and CFO of Aim (Accelerate Indiana Municipalities, formerly known as Indiana Association of Cities and Towns (IACT)).