COLUMBUS (Brooks Jarosz) Millions of dollars are being shelled out to stop a church from building student housing near the Ohio State University Campus.
OSU will pay nearly $13 million in an agreement to have leaders at St, Stephens Episcopal Church scrap an alternative student housing project.
"It never really made sense to us," Reverend George Glazier said. But it certainly made sense to them [OSU]."
Walking with money on the mind, students like Nathan McCormick are looking for the most bang for their buck, which is why he says alternative housing on campus is attractive.
"I know a lot of people who would definitely be interested in something like that," student Nathan McCormick said. "Dorms are really expensive. They're nice but they're expensive."
For more than 80 years, St. Stephens Episcopal Church has been located near the North OSU campus.
Reverend George Glazier runs the church and says Ohio State pushed him to pull the plug on what would have been a nine-story apartment building for students.
"I would by lying by saying it's not disappointing," Reverend Glazier said. "If we're not here, I think they want to be here. And that's fine with us, but we don't plan on going anywhere."
OSU will pay $12.8 million to not build anything and sign an agreement with the church to let the university weigh in on any future church property plans.
Ohio State just announced a major renovation plan for the North Residential District near the church. It will spend $370 million to demolish 11 buildings and construct new dorms with 3,200 beds, dining halls, a recreation center and a retail pavilion.
All of that will be located just a stones throw from where the church would have built its apartment building. University planners say they didnt think it would have fit in.
"We believe we'll provide a level of housing here that you can't find across High Street in private housing or in any other normal apartment building," OSU Senior V.P. of Planning Jay Kasey said.
ABC Investigators found room and board is estimated to be more costly than in-state tuition at more than $10,000.
Since the church's project was scrapped, the church is left to decide what to do with the millions of dollars its getting from OSU,
The Reverend says hes leaving it up to the congregation to look for other ways to reach out to students.
As part of the agreement with OSU, the church will get 100 free parking spaces in a nearby university garage.
OSU says the money given to the church is a good investment for the future.
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