Bridgewater State University will pay the Town of Yarmouth $1 a year for a five-year lease of the closed Laurence MacArthur Elementary School at 1146 Route 28. You can view a copy of the lease here
According to a lease executed August 1st with a rider dated August 13th, the university may make alterations and improvements to the facility as needed with permission of the town. Documents obtained from the Yarmouth Town Administrator’s Office include 101 "reserved parking spaces" apparently to be constructed at the campus by the university.
The structure is described as “administration/classroom” consisting of 28,450 square feet.
$1 leases fairly common between public entities
One dollar leases between public entities are fairly commonplace. The MacArthur School lease gives Yarmouth the flexibility to re-claim the building as a school in five years’ time if the town’s student population grows, while at the same time relieving the town of the expense of maintaining a vacant public structure. For Bridgewater State, the lease provides a low-cost, low-risk means to enter the higher education market on Cape Cod.
Cape Cod “college competition” begins in January
Classes begin at Bridgewater’s South Yarmouth campus in January 2015. The university launched an aggressive media campaign to promote the Cape Cod program (see flyer on right mailed to Cape Cod residents this past week), though details remain thin as to which courses and degree programs will be offered here.
The first specter of Cape-side “college competition” appears at a time when Cape Cod Community College is suffering the trifecta of declining enrollment, a dated campus and weak marketing. 4Cs is trying to counter BSU’s onslaught with a new airframe/power plant program as well as by emphasizing the low-cost advantage of a community college education and the student-oriented faculty in which the 53-year-old college takes great pride.
BSU beats 4Cs three-to-one in our poll
But to add to 4Cs situation. a recent poll on Cape Cod Today found that only 16 percent of the respondents chose 4Cs while 55 percent chose BSU.