BOSTON — An Arizona Christian college has backed out of a deal for a free 217-acre campus in Massachusetts, citing millions of dollars in unanticipated costs that it said made an expensive project too risky.
Grand Canyon University informed the Oklahoma-based owners of the Northfield campus last week, five weeks after a ceremony in which it was named the recipient after an extensive search.
Steve Green, whose family owns the campus and the Hobby Lobby craft store chain, said the family is disheartened by the decision.
“However, many groups have expressed an interest in the campus … and we will begin a new search soon,” Green said.
The classic stone and brick campus in the hills along the Connecticut River was once home to the Northfield Mount Hermon School, founded by 19th century evangelist Dwight L. Moody.
The Greens bought the property in 2009 intending to give it to a new college named for author and Christian apologist C.S. Lewis.
When that venture stalled in December, they offered it for free to groups committed to honoring Moody's traditional Christian teaching.
The for-profit Grand Canyon University, based in Phoenix, planned to eventually attract 5,000 students there by offering a low-cost, private Christian education. It also viewed the property as a northeastern base for its expanding online enrollment.
But even amid the optimism of the last month's announcement, Grand Canyon President Brian Mueller noted the deal wasn't quite done.