University of Michigan Board of Regents Minutes 2026-05-21
Regents Approve $60M Purchase of Concordia Property
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Description
The Board of Regents approved purchasing 140 acres of property at 4090 Geddes Road from Concordia University for $60 million, contingent on environmental and other due diligence. Central reserves will fund the acquisition for future campus and community use.
Contract Details
Contract Amount
$60,000,000
Vendor
CONCORDIA UNIVERSITY
Agency
University Of Michigan-Ann Arbor, MI
Contract Type
FACILITIES
Document Date
May 21, 2026
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