One of Philadelphia's Premier Educational Properties Hits the Market

 

1/10/07
One of Philadelphia's Premier Educational Properties Hits the Market

The Episcopal Academy’s Devon Campus is a unique, going concern in one of greater Philadelphia’s most affluent and fastest growing markets

Merion, PA ­– The Episcopal Academy launched today the second planned phase of its marketing program to sell its Devon Campus on South Waterloo Road. This planned phase will include exposure into the corporate and residential real estate sectors with a series of open houses and planned guided tours occurring throughout January and February and broker incentives for local agents that bring the new owner of the property to closing.
 
With construction of Episcopal’s new campus in Newtown Square ahead of schedule, the Devon property will be available for occupation in late Summer 2008, providing the next buyer ample time to use the property as a tangible fundraising tool.

View full press release.


Dream Team of Leading Architects Collaborate on Ground-Up Design










8/14/06
Dream Team of Leading Architects Collaborate on Ground-Up Design of Episcopal Academy


The opportunity to design a 21st Century School for the future from a clean sheet of paper brings together bright minds of architecture

Merion, Pa.-July 25, 2006-Some of America's leading minds in architecture have come together to form a dream team to create a new $212.5 million campus for one of America's oldest, most esteemed educational institutions.

The 220-year old Episcopal Academy announced today that Venturi, Scott Brown & Associates, the Gund Partnership, Bohlin Cywinski Jackson, and Hillier Architecture have designed a new 123-acre campus for the school, whose alumni include luminaries from Robert Morris, a signer of the Declaration of Independence, to M. Night Shyamalan. The new campus is scheduled to open in the fall 2008 in Newtown Township, Pa., along Philadelphia's western Main Line.

This collaboration, within a profession known for strong convictions, is a rare opportunity to draw from a rich and diverse spectrum of architectural and design philosophies to create the finest private day school in America, where form and function spur intellectual curiosity of students for generations to come.

View full press release.

Episcopal Teams With EPA and PECO Wind


4/19/06
Purchase of wind energy from PECO WINDsm advances the school’s environmental commitment, which will extend to its Newtown Square construction project.


The Episcopal Academy announced this week that it has contracted with PECO WINDsm to have 6 percent of the school’s total energy needs provided by wind power produced by Pennsylvania wind farms. PECO WINDsm is supplied in partnerships by PECO, an Exelon Company and Community Energy, Inc. This level of commitment qualifies the school for recognition by the EPA for demonstrated environmental leadership and membership in its Green Power Partner program.

Episcopal is one of only nine K-12 schools in the United States to become an EPA Green Power Partner. The goal of the EPA’s Green Power Partnership is to facilitate the growth of the green power market by lowering the cost and increasing the value of green power. A strong green power market will support new, clean technologies that will reduce the environmental impact of electricity generation.

View full press release.

Episcopal Academy Announces Capital Campaign Co-Chairs


4/11/06
Experienced leadership team will oversee largest campaign in school's history to provide funding for school's move to Newtown Township and endowment.


The Episcopal Academy announced today the Co-chairs of its capital campaign, Ever Episcopal. These experienced business and civic leaders will work with the school's Development team to raise the funds needed to construct a new campus in Newtown Township and to grow the school's endowment. The Leadership Phase of the campaign is currently underway. The campaign goal will be announced in late 2007 when the public phase is launched.

The Campaign Co-Chairs are:



Gretchen Burke
Chairman of the Episcopal Academy Board of Trustees, and current Episcopal parent.


H. Alan Hume '44, Trustee
Retired physician.


John J.F. Sherrerd '47
Corporate director and private investor, co-founding partner of investment management firm Miller, Anderson, & Sherrerd.


Michael P. Shouvlin '50
Former Trustee, President of Shouvlin Associates, Inc.


Brian P. Tierney Sr. '75
Trustee, past Episcopal parent, Chairman and CEO of Tierney Holdings, LLC.
View full press release and co-chair bios.

Saint Joseph's University, Episcopal Academy Agree to Terms on Acquisition of Episcopal's Merion Campus


8/19/05
Saint Joseph's University and the Episcopal Academy have entered into an agreement for the acquisition by Saint Joseph's University of the Academy's Merion Campus, the institutions announced jointly today.


Financial terms of the transaction are not being made public. Saint Joseph's is expected to take possession of the campus when Episcopal's construction of a new campus in Newtown Square is complete.

The 38-acre Episcopal campus is directly adjacent to the Lower Merion portion of Saint Joseph's main campus. Its acquisition will add 52 classrooms, eight laboratories, 113 offices, 14.5 acres of playing fields, and 319 parking spaces to the University's existing 65-acre campus.

View full press release.
The Episcopal Academy * Merion: 376 N Latches Lane, Merion, PA, 19066 610-667-9612 * Devon: 905 S. Waterloo Road, Devon, PA, 19333 610-293-0830