DULUTH – Maurices announced Tuesday that it is donating one of its current headquarters buildings to the University of Minnesota Duluth.Maurices chose to donate the building to UMD after reviewing a white paper outlining UMD's plans to serve a community need by bringing programming and services to downtown Duluth.
"We've had a tremendous partnership with UMD for many years, and they made a great business case for use of the building," says George Goldfarb, President of Maurices. "We are proud to donate our building to UMD and assist them in providing programming that fulfills a community need. We are committed to a vibrant and thriving downtown, and as we plan to move into our new headquarters just down the street two years from now, we are working hard to fill our current headquarters buildings."
The four-story, 75,000-square-foot building, located at 105 West Superior Street, has been renovated in recent years and houses a fitness center, contemporary loft area, large auditorium, plenty of conference rooms and meeting spaces and is accessible by skywalk and Superior Street.
Maurices also plans to donate its workstations and some office equipment to UMD.
UMD intends to use the new space for teaching courses suited for interaction with the downtown community, offering continuing education and certificate programs, hosting downtown classes for adult learners, accommodating academic conferences and expanding partnerships with other higher education and K-12 schools.
It also plans to use some of the space to support UMD back office functions, freeing up space on campus.
"We are grateful for the generosity of maurices and appreciate their long-standing support of our students," says UMD Chancellor Lendley Black. "UMD will be able to use this highly functional downtown space to expand local partnerships, provide unprecedented community access to educational opportunities, and alleviate some existing space constraints on campus."
Maurices is targeting a December 2015 completion of its new Maurices Headquarters located at 425 West Superior Street.
UMD will assume ownership of the 105 Building once Maurices has vacated the building.
Maurices plans to list its other two headquarters buildings, located at 104 and 117 West Superior Street, in the near future. "We've already had a number of developers and companies express interest in the properties, and we are optimistic about finding buyers and tenants for these properties," says Brian Thun, SVP and Chief Financial Officer of Maurices.