WASHINGTON, DC—The Shakespeare Theater Co. hasreached an agreement to acquire the former SoutheasternUniversity campus on I Street and plans to convert theproperty into an actors' campus.

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Shakespeare Theater acquired the Southeastern Universitybuilding at 501 I St. in partnership with developerErkiletian Real Estate. The Alexandria, VA-basedcompany has developed apartments and condominiums in Alexandria andthe Discovery Communications headquarters in Silver Spring, MD,according to the Washington Post. Southeastern U. shut down thecampus in 2010.

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“Since 2005, we have been exploring ways to create a permanenthome for the Company,” says Chris Jennings,managing director of The Shakespeare Theater. “Erkiletian'scommitment and knowledge of Washington, DC caters to our ambitionto create a community space for STC and DC theatre. Their constantsupport of the theatre reflects that they will be equally aspassionate about this project as we are.” See story in theWashington Post.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.