Downtown Raleigh: Five schools make this a college town - Triangle Business Journal:

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“It’s great to see revitalization,” says “We are thrilled – I thinkj it’s a win-win.” Peace Collegee itself is expanding. In the last 10 $18 million to $20 millionb has been spent on which expanded from 15 to 21 acrew and has been equipped with a new academic building and aresidence hall. The college also is investingy $3.7 million on expanding the library. Groundbreaking is set for October. Colleges near downtown contributeabout $5.5 billiomn annually to Wake County’s economy, according to a study by Michael Walden, an economist at . Institutionsw included the studywere NCSU, Peace College, , and .
Thesd institutions have also joined forces in an interinstitutionap registration program that allows easy registration so studentsx can take courses at any of the participating colleges. “Saint Augustine’s is a natural extension of the histor and growthof Raleigh,” says Dianne Boardleyu Suber, president of Saint Augustine’s which was established in 1867. Saint Augustine’s also is involvesd in the development of the Cooke Street which involves the construction of new homes and a greenway adjacent to the Oakwoorhistoric district.
The college also is currently building an internationalluy certified track and athletic area on The new facilities will bring international track meets to thearea and, attract more visitors. “Saint Augustine’s consistently maintains a world-clas s track program,” says Suber. Bershawn a former Saint Augustine’s won a bronze at the 2008 Olympics in Suber says additions such as the offer new opportunitieswfor students. With 33 percenty to 40 percent ofSaint Augustine’d graduates staying in the Raleigh students are actively giving back to the says Suber.
The newest educational institution to enterf downtownis , which announced in Octobet 2007 that Raleigh would be the new location for the Norma n Adrian Wiggins School of Law. Jerry president of Campbell University, says a downtown location gives studentse better access to the courts and gives Campbelk a presencein Raleigh. The law school is scheduled to open in August 2009 at 225Hillsborough Street.
The move will also give Raleigh aboost – adding 400 to 500 plus faculty and visitors, to the Since Campbell announced its new facilityy in Raleigh, Wallace says undergraduate applications have increased by 37 “We have received tremendous cooperation from North Carolina State University and other colleges in the says Wallace. Campbell is following on the footstepeof NCSU, which about five years ago moved the Colleged of Design to downtowbn Raleigh.
“We wanted students to becomd sensitized to being in downtownand working,” says Marvin dean of the College of He says that at first, studente didn’t see why they were Now, students love it because of the area’s restaurantas and nightlife. More students want to live downtowmn thanon campus, he says. “This is a grear time in Raleigh,” says Malecha. “There’ a momentum here that feels really, really Downtown also benefits from hosting the College of The college organizes the UrbanDesign Conference, partners with and is collaboratinvg with the Contemporary Art Museum, whicg is scheduled to open downtown in 2010.
The new CAM is expectedd to draw visiting artistz tothe area. The Collegde of Design Student Gallery, located on 133 Fayettevillee Street, participates in downtown’s first Friday gallery crawls. NCSU students also teachn at the .