The New England Institute of Technology has agreements to buy two of three large parcels of land it needs to create a 200-acre campus [in East Greenwich], and it has secured an option to buy the third piece of property, college leaders told the Town Council Monday night.

Suzanne Worrell Gemma, an assistant professor and liaison for college President Richard I., emphasized that the move was not certain and if it happened, would take at least 5 years to execute. Also, if the deal went through, NEIT would retain its recently built $10-million building on Access Road but would leave its current location in Warwick, moving all academic and technical training facilities, the administration offices, and recreational areas to East Greenwich.

Also, Gemma said, the college would have dormitories for the first time in its 67-year history...the construction of a new campus will also make it possible for the school to expand its offerings and, ultimately, become a full engineering school along the lines of Worcester Polytechnic Institute.

Financing, design and cost estimates have not been worked out yet, Gemma said, but the college is hoping to work closely with the town in what she described as a “win, win, win situation.”