In an open letter from CRCDS's president
, the Rev. Marvin McMickle, to alumni and friends, he says that the school has had to address some tough financial decisions. And the question of whether to sell the campus with its picturesque rolling hillside is not new. The school has an offer, he says, and he encouraged the board to take it, and the members agreed.
"Over the years, we have received numerous offers to purchase the current campus, but none of these offers made sense, then or now," he writes. "None of them provided us with the financial resources necessary to establish ourselves in a new location where we could provide a 21st century model of theological education and thus, none of them served the interests of our students or the mission. That, however, has now changed. I am pleased to announce that we have received an offer that will, in fact, provide us with the resources necessary to establish CRCDS in a new location."
The buyer and the terms are not disclosed in the letter, and the school has until 2018 to find a suitable site for its new campus.
CRCDS is selling its historic site on South Goodman Street across from Highland Park.