ECU Foundation purchases home to be used as chancellor’s residence
The ECU Foundation has completed the purchase of a home to be used as the chancellor’s residence at 3100 Kariblue Lane in Star Hill Farm neighborhood, Greenville.
The purchase amount was at the previously reported price of $1.3 million. The home, designed by noted architect, William Harvey, is approximately 8,500 square feet and sits on 5.2 acres of land.
“The ECU Foundation is excited to have acquired this wonderful property,” said Chris Dyba, vice chancellor for University Advancement and president of the ECU Foundation. “We are very grateful to the owner, because he allowed us to purchase his home at a price significantly below its appraised and replacement value. We believe this purchase will provide ECU a wonderful residence for its chancellor and a great venue to host functions for alumni, donors, students, corporate leaders and top candidates for ECU leadership.”
David Fisher, chair of the ECU Foundation added, “I am pleased that the ECU
Foundation is in a position to help our university by purchasing this house. This has been a multi-year plan that is best for ECU and Greenville.”
No date for move-in for the Chancellor has been set.
The ECU Board of Trustees, which has endorsed the Foundation’s purchase, has begun a review of the Dail House on Fifth Street (and surrounding properties) and will make a recommendation about its best use for the university and the surrounding community at a later date.
The purchase amount was at the previously reported price of $1.3 million. The home, designed by noted architect, William Harvey, is approximately 8,500 square feet and sits on 5.2 acres of land.
“The ECU Foundation is excited to have acquired this wonderful property,” said Chris Dyba, vice chancellor for University Advancement and president of the ECU Foundation. “We are very grateful to the owner, because he allowed us to purchase his home at a price significantly below its appraised and replacement value. We believe this purchase will provide ECU a wonderful residence for its chancellor and a great venue to host functions for alumni, donors, students, corporate leaders and top candidates for ECU leadership.”
David Fisher, chair of the ECU Foundation added, “I am pleased that the ECU
Foundation is in a position to help our university by purchasing this house. This has been a multi-year plan that is best for ECU and Greenville.”
No date for move-in for the Chancellor has been set.
The ECU Board of Trustees, which has endorsed the Foundation’s purchase, has begun a review of the Dail House on Fifth Street (and surrounding properties) and will make a recommendation about its best use for the university and the surrounding community at a later date.
Contact: Chris Dyba, vice chancellor for University Advancement, dyba@ecu.edu