Otterbein University has purchased 25 acres between Cleveland Avenue and its facility at 60 Collegeview Road, just south of West Main Street.
The property acquisition comes as Otterbein University is in the process of creating a master plan and creates several opportunities for the university, officials said.
"First, it allows for future expansion of our campus to the west to serve our academic, scholarship and service missions, and the development of a defined western campus. Second, it helps us overcome the limitations of our current landlocked central campus and, instead, yields flexibility to imagine and conceive of future initiatives on the west campus," said Otterbein Chairman of the Board Tom Morrison.
University President Kathy Krendl said the property purchase will allow Otterbein University a chance to redefine Otterbein for the future.
"It offers our community the opportunity to realize a new vision for our future," Krendl said. "We are writing the chapters that will define Otterbein in the 21st century."
In creating a master plan for the university, consultants and planning participants identified the Collegeview property as a key opportunity for expansion, according to a university press release. The university will conduct feasibility studies to create specific plans.
The next steps in the planning process will involve engaging the campus community in the spring semester.