Today Magazine Summer 2021 - Page 13

MercyU ?

“ We are honored and grateful that The Maguire Foundation wants to support this exciting initiative ,” said Deanne H . D ’ Emilio , JD , president of Gwynedd Mercy University . “ The Maguires are faithful supporters of Catholic higher education and have been steadfast and generous friends to Gwynedd Mercy University . I am so grateful for their continued support .”
With the successful completion of the transaction , GMercyU and St . Charles Seminary will remain two separate and distinct institutions . Each will continue to maintain its own governance structure , academic freedom , and ability to offer programming consistent with their missions and core values .
Once the transaction closes , the estimated time for the campus transition to be completed is approximately two to three years provided all conditions are met .
( L-R ) Pride Alliance club advisor Holly Lightcap , Pride Alliance Executive Board members , and GMercyU President Deanne H . D ’ Emilio gathered to take a photo in front of the newly raised Progressive Pride flag .
St . Charles Borromeo Seminary to Relocate to Gwynedd Mercy University
As part of the GMercyU Campus Master Plan , the residential housing and Campus Ministry functions currently located in existing buildings will be transitioned to other areas of campus . Additionally , the Seminary will begin the building and renovation process to shape the new location for its needs . Plans call for the construction of a new chapel and student life center which will include a refectory , classrooms , library , administrative offices , fitness center , and additional housing for seminarians and resident faculty .
Gwynedd Mercy University and Saint Charles Borromeo Seminary recently signed an agreement of sale that will allow the Seminary to relocate to GMercyU ’ s campus . The sale , which will not be finalized until the end of separate due diligence and approval periods , includes approximately 15 acres of space on the northern border of GMercyU ’ s campus as well as two existing buildings .
Both institutions expressed their gratitude to the Maguire Foundation for a generous $ 3 million gift to Gwynedd Mercy University that will be supplemental to the $ 10 million purchase price by the seminary .
Alexandria Hall is one of two buildings included in the proposed agreement of sale .
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