FAIRFIELD, Conn. (WTNH) – Sacred Heart University has announced it is buying the former General Electric Global Headquarters site in Fairfield. The cost is $31.5 million dollars. General Electric moved its headquarters to Boston earlier this year leaving the 66-acre site.
SHU President John Petillo says “with this property, SHU has a unique opportunity to contribute to education, research, health care and the community.”
The university is planning on using the site to expand its new School of Computing that focuses on computer engineering, computer gaming and cybersecurity, and to develop programs in STEM fields such as health and life sciences, science and technology. SHU will also move parts of its Jack Welch College of Business to the new campus. Welch is the former CEO of GE. It’s new hospitality management program will use the GE site and also the Great River Golf Club site that SHU recently purchased. The University’s College of Education, art & design program will also move to the GE site instead of rented space in Trumbull.
SHU says in the future the GE site could include performing arts space/recital hall, a swimming pool and running trails and incubator space that will allow students to develop their creative ides for new products and programs working with investors and area businesses.
The purchase brings the SHU campus to 200 square acres not including the 150-acre Great River Golf Club site.