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The Indiana University Trustees purchased the hotel and conference center for a total of $17.5 million in 2005 but talks of the deal began in late 2004. The university felt that the hotel could serve as a residential hall for on-campus students and that the conference center was an important source of revenue.
The Higher Learning Commission is the institutional accrediting agency that has historically accredited many colleges and universities in Indiana. Additionally, Indiana is home to three public university systems: Indiana University, the Ivy Tech Community College of Indiana, and the Purdue University System.
Graduate Hotels was founded in 2014 by Nashville-based real estate investor Ben Weprin and his firm, AJ Capital Partners. [5] The company launched the Graduate Hotels brand by acquiring and remodeling hotels in university-anchored towns across the country. [6] The first hotel opened in Athens, Georgia in 2014, centered around the University of ...
Indiana's state government in Corydon established Indiana University on January 20, 1820, as the "State Seminary." [12] Construction began in 1822 at what is now called Seminary Square Park near the intersection of Second Street and College Avenue.
Lane opened a hotel around 1852 near the settlement of Mile Lick and named it the Mile Lick Inn. In 1855, when the community was renamed West Baden in reference to Wiesbaden (or Baden-Baden), a spa town in Germany that was known for its mineral springs, Lane changed the hotel's name to the West Baden Inn.
The hotel site was located near a salt lick that wild animals once visited as they traveled along the Buffalo Trace in southern Indiana. Native Americans also used the area as hunting grounds. It became known as French Lick in reference to the French traders and settlers who lived in the vicinity of the salt lick.
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