- February 25, 2014
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The Fort Chaffee Redevelopment Authority last week agreed to donate 200 acres of land on the former Army post for a school of osteopathic medicine, a project that is expected to significantly boost the economy of the region surrounding Fort Smith, Ark. As part of the deal, the board of the Fort Smith Regional Healthcare Foundation committed $58 million to build the school and anticipates additional funding from other sources. “We are very excited to be a part of the plans to build this osteopathic medical university,” said Ivy Owen, the LRA’s executive director, reported the City Wire. “Their plans dovetail nicely with our plans for this area. The wooded, open space, walkable-style campus is exactly what we want for Chaffee Crossing.” The new college would be one of only 31 colleges of osteopathic medicine in the United States.