Proposed Bond Project Information
Cost Estimate: $500,000
Project Start Date: August 2019
Bond Issuance Date: March 2021
Completion Date: January 2022
Operating Impact: $45,767 (January 2022)
Professional Business Services - Satellite East:
• Five possible lease locations presented thus far range in size from 1,500 SF to 14,000 SF
• Renovation/Capital Up-Fit 3-15 Instructional Spaces per Location
• Starting goal is 5 classrooms per satellite location
Phase 2 Capital Project Timeline
Satellite East: Professional Business Services Bond Project Updates
Click on the description to see information regarding bond project progress.
Due to current growth of industry in places like Mebane, this is the opportune time for satellite campus construction. Therefore, this project may become a priority to begin sooner than originally thought. The satellite campuses will be placed on leased properties, but the lease terms have not yet been finalized. The State is likely to have no issues with a 20 year lease, although a longer one is preferred. The ACC Building & Grounds Committee will be updated on leasing information and opportunities.