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Article: Leap of faith: Tom Monaghan expected things to go smoothly when he began moving his Roman Catholic college from Michigan to southwest Florida....(Ave Maria)(Company overview)
- Article from:
- Florida Trend
- Article date:
- September 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Trend Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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in 2002, Tom Monaghan was looking for a new home for Ave Maria College, the Roman Catholic college he'd founded four years earlier. Monaghan had sold his interest in Domino's Pizza, the successful pizza chain he'd founded in 1960, for a reported $1 billion and had created Ave Maria as a training ground for a new generation of ultraobservant businessmen, politicians, lawyers, scientists, priests and educators.
With 260 students, the school had outgrown its campus in Ypsilanti, Mich., which lacked an adequate chapel, dining facilities and athletic fields. Monaghan's first choice for a new site was Domino's Farms, a 1,700-acre complex in Ann Arbor where Domino's ...