Virginia Tech Resolution Acquisition of Real Property March 2026
Virginia Tech seeks land purchase from Carilion Clinic
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Description
Virginia Tech’s Board of Visitors is asked to approve the acquisition of real property from Carilion Clinic or an affiliated entity to support construction of a new Virginia Tech Carilion School of Medicine facility in Roanoke. The purchase price will not exceed the agreed appraised value plus due diligence and closing costs, with execution delegated to the Executive Vice President and Chief Operating Officer.
Contract Details
Contract Amount
Not to exceed the agreed appraised value plus related due diligence and closing costs
Vendor
CARILION CLINIC
Agency
Virginia Polytechnic Institute And State University, VA
Contract Type
FACILITIES
Document Date
March 6, 2026
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pendingIssuing Agency
Virginia Polytechnic Institute And State University
Higher Ed
Blacksburg, VA
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