The land would be bought by Jessica Barry, president of college, according to city documents.
Barry said the student housing development would be part of the college’s strategic plan and the first student housing on campus.
The sale is a positive step for Kettering, City Manager Mark Schwieterman said.
“We’re pleased to be able to work with the school of modern design in their continued growth in the city," he said. "We look forward to working with them as they develop plans to offer residential housing for their students.”
The Modern College of Design was founded in 1983 and expanded its campus in 2018. The college has invested more than $7 million in expanding and renovating the campus since 2017 to accommodate growing enrollment, Barry said.
The development would house about 100 students and take two years to build, Barry said.
“Offering student housing will allow us to expand our recruitment efforts and attract creative and diverse students, both nationally and internationally, to Kettering,” Barry said in a statement released Wednesday.
The college said it is exploring the project with Miller-Valentine Group and will also review other competitive bids.
Each year, about 60% to 70% of the college’s student body relocates to Kettering to attend the school, its statement says.
It now partners with Collegiate Housing Services to assist students in finding accommodations in the Kettering area.
