Posted May 18, 2026, 10:24 AM
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Join Date: May 2025
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University of Michigan strikes a $60M deal for the bulk of Concordia’s Ann Arbor campus
Quote:
UM will pay Concordia $60 million to acquire 140 acres of the 187-acre campus, subject to the approval of the UM board of regents, an environmental review and other due diligence. Located at 4090 Geddes Road, the property fronts the Huron River and has direct access to U.S.-23. It is roughly 3.5 miles from UM’s central campus.
The UM board of regents is expected to vote on the purchase at its Thursday meeting.
The deal is expected to close on or before June 30, Paul Corliss, assistant vice president for public affairs and internal communications at UM, said in an email to Crain’s.
“Concordia University Wisconsin and Ann Arbor and University of Michigan are working toward approval of a proposed transaction involving the Geddes Road property in Ann Arbor,” Scott Rudie, assistant vice president for university marketing and communications at Concordia, confirmed in an email to Crain’s. He declined further comment on the sale pending completion of the deal.
UM has not yet made any decisions regarding specific future uses for the property, Corliss said.
It is not being considered for the UM-Los Alamos high-performance computing project because it lacks the specialized infrastructure and high-voltage electrical transmission capacity required for advanced, high-performance computing operations, he said.
The site includes classroom buildings, residence halls, athletic facilities, historic Earhart Manor, other administration buildings and a chapel.
“As the purchase moves forward, the university will evaluate how the site may support long-term educational, research or health-related priorities consistent with its mission. As one of the world’s leading research universities and health systems, UM plans decades in advance to ensure it has the space and capacity needed to support evolving academic, research and community needs,” Corliss said. “Any future plans for the property will follow careful review and due diligence. The university looks forward to working with local officials, neighbors and community stakeholders as this process moves forward.”
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