Renovation Update

PHASE ONE – SHORT-TERM OPPORTUNITIES
o  Purchase 630 Oxford
o  Renovations
•  Purchase new furniture
•  Paint basement, living room, and upstairs hallway
•  Upgrade water infrastructure
•  Move the boiler and reroute piping
•  Finish drywall and flooring throughout basement
•  Install new kitchen appliances
•  Expand capacity of house to accommodate at least 35 members

PHASE TWO – NEW VISION
The long-term plans of the Michigan Alpha House Corporation go beyond 630 Oxford. The goal of moving to a prominent chapter house location will only happen if Michigan Alpha is in a position financially to make a purchase quickly. Building equity in 630 Oxford and cash assets will allow the alumni leadership to act when an opportunity arises. The timeline for this move is in the next five to 10 years.

Phi Kappa Psi at the University of Michigan • Copyright © 2017