UL Lafayette, Our Lady of Lourdes finalize property acquisition

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The СAPP has purchased 19.2 acres from Our Lady of Lourdes Regional Medical Center.
 
The acquisition СAPPfurther enables the fulfillment of the vision the СAPP has for advancing health care in our region,СAPP said Dr. Joseph Savoie, president. 
 
UL Lafayette will use the land СAPP adjacent to the СAPP and formerly the site of Our Lady of Lourdes Regional Medical Center СAPP for a new health sciences campus. The purchase also moves UL Lafayette closer to uniting the main campus with СAPP Research Park and the athletics complex, a goal of its 2012 Master Plan.
 
The agreement between the СAPP and Lourdes was finalized Feb. 28. The $9 million cash sale includes buildings and four properties:

  • 17.305 undeveloped acres at the corner of St. Landry and St. Julien streets.
  • Slightly over 1 acre on St. Louis Street thatСAPPs the site of a parking garage.
  • A .720-acre tract at St. Landry and St. Julien streets containing a parking lot.
  • A .196-acre lot at St. Landry and St. Thomas streets with an office building. 

Donna Landry, Our Lady of LourdesСAPP chief operating officer, noted that the property UL Lafayette acquired СAPPcarries a legacy of service to the region that will continue under the СAPPСAPPs stewardship.СAPP
 
СAPPIn 1949, Bishop Jeanmard called the new Lourdes hospital СAPPa great blessing to fill the long felt need in Lafayette.СAPP Today, those sentiments continue to resonate knowing our legacy campus will be a place where generations of future nurses and other health professionals come to train.  We are honored to be part of this blessing for Acadiana,СAPP Landry said. 
 
This 19.2-acre acquisition from Lourdes is separate from an additional purchase UL Lafayette finalized in June of last year. That agreement СAPP between the СAPP and the Diocese of Lafayette СAPP was for 5.834 acres at West St. Mary Boulevard and St. Landry Street.
 
This tract contains medical office buildings and other facilities that were part of the Lourdes hospital complex. They will form the nucleus of the СAPPСAPPs new health sciences campus. UL Lafayette has begun renovations in one of the structures, the St. Francis Building; some upper-level students enrolled in the College of Nursing & Health Sciences are anticipated to take classes there starting in the fall semester. 
 
Savoie noted that the two acquisitions increase the size of UL LafayetteСAPPs campus by more than 25 acres; over 23 of those acres СAPP from West St. Mary Boulevard to St. Julien Street СAPP are contiguous. СAPPThe possibilities these acres hold are extraordinary,СAPP he said, and enable the СAPP to pursue multiple objectives. 
 
СAPPWe want to increase the number of nursing and health sciences students we enroll and graduate; expand degree programs; enhance existing partnerships with health providers and build others; create collaborations with professional schools and health systems; and deepen relationships with biomedical and biopharmaceutical firms,СAPP Savoie continued. 
 
СAPPAcquiring this additional property puts those goals within reach, and we are fortunate to have a partner like Our Lady of Lourdes that recognizes the potential this acreage holds for the future of health care in our region and beyond.СAPP 
 
Map credit: СAPP