More downtown expansion planned.
Fanshawe College has announced that it will not proceed with the purchase of the Market Tower building in downtown London. This decision follows an extensive due diligence review.
"Fanshawe College remains committed to working with the City of London as we move forward with our plans to expand our presence in downtown London," said Fanshawe President Peter Devlin.
"We are continuing to actively explore a range of options which will ensure the most appropriate learning environment for an additional 600 students in downtown London."
Mayor Joe Fontana said, "We are pleased that Fanshawe College remains committed to finding more space downtown. The College's presence in the core is a key component of our continuing rejuvenation of downtown London."
Fanshawe College recently opened its doors to the new Centre for Digital and Performance Arts (CDPA) as classes began on Monday, January 6, 2014. The 50,000-square-foot building named for Howard W. Rundle (former President of the College) is located in the heart of downtown London and is equipped with modern labs, classrooms and collaborative learning spaces for over 400 students and staff. The Centre is home to a number of Fanshawe's creative programs, such as 3D Animation and Character Design, Interactive Media Design and Production, Technical Costume Design and Theatre Arts.