OMAHA, Neb. — Midland University has signed a decade-long lease in west Omaha for its MBA program and other offerings.
Midland’s vice president for strategy, Raymond Sass, told the Omaha World-Herald (http://bit.ly/2bRVHSI ) that the university agreed this month to the “multimillion dollar” lease for more than 10,000 square feet on the ground floor of the building. Sass declined to say exactly how much Midland will spend on the lease.
The university will pay more than $1 million to renovate the space, which it expects to move into next spring.
“We are working with architects now for the design and buildout of the space,” Sass said. “Omaha is a critical part of our growth plan.”
Sass said the university hasn’t determined which programs other than the MBA will go into the new location. He said the MBA program, which now has nearly 100 students, has outgrown the space it uses at Children’s Hospital & Medical Center.
Midland President Jody Horner said acquiring the new space doesn’t represent a reduction of the university’s main campus in Fremont.
“We’re just excited to be able to have enough interest in our programs in the Omaha area, especially our graduate programs,” Horner said. “This is the right timing for that.”
The university had planned to take over the defunct Dana College campus in Blair, but this year decided to focus on its Fremont campus and Omaha programs.
The university will fund the project with operating money and support from donors.
Information from: Omaha World-Herald, http://www.omaha.com