CAZENOVIA — A local investor group is planning to buy the campus of Cazenovia College. The group calls itself 9 Fresh, and Village of Cazenovia Mayor Kurt Wheeler confirmed its plans for the campus in an email to CNYBJ. No expected purchase price was disclosed. The campus closed due to financial difficulties following the 2022-23 […]
CAZENOVIA — A local investor group is planning to buy the campus of Cazenovia College.
The group calls itself 9 Fresh, and Village of Cazenovia Mayor Kurt Wheeler confirmed its plans for the campus in an email to CNYBJ. No expected purchase price was disclosed.
The campus closed due to financial difficulties following the 2022-23 academic year.
9 Fresh has a website that says “CAZENOVIA COLLEGE: A fresh outlook on community impact.”
The 9 Fresh website describes the project, saying, “We have the opportunity to turn a once-vibrant academic institution into an equally as vibrant, reimagined district for innovation, business growth, and impact that not only strongly serves our community, but provides powerful global connections and influence alongside.”
The site also outlines the group’s approach to the project, saying in part, “This community-first approach will kickstart economic development, generate new job opportunities and provide investors with competitive returns.”
The group’s general partners include Kate Brodock, who is also general partner at The W Fund, a venture-capital firm that invests into early-stage tech startups. She also serves as CEO of SWITCH, a firm that focuses on women-led startups and angel investors, per the site. In addition, Hardeep Bindra is the second general partner in 9 Fresh. Bindra is an entrepreneur, real estate investor and former Amazon executive.
Cazenovia College closed due to financial difficulties following the 2022-23 academic year.
The New York State Police are currently leasing the campus for use as a training facility.
