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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They did say in the article they are trying to lure a Trader Joes but I was really surprised by the size of the apartment buildings they are proposing to build. Will GDS be the landlord for those buildings? How weird.[/quote] Not really. GDS was established in 1945. Their endowment is dwarfed by other schools in the region. They want to create additional revenue streams in order to stabilize tuition yet be able to offer robust financial aid packages.[/quote] If you read the Post article, GDS is partnering with developers on this -- perhaps arrangements are informal now, but I would look for some kind of formal development group structure later in which GDS either sells the approved project before construction or retains a minority interest.[/quote]
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