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Temple University’s $1.2 billion project

From the Philly Business Journal today, Temple University plans to undertake $1.2 billion in development over the next decade.  The university has mapped out a series of projects that aim to achieve several objectives for the school and its North Philadelphia neighborhood without reaching beyond its current 105-acre footprint flanking North Broad Street.
The plan is called Temple 20/20 and has a 28 person committee that includes neighbors and other stakeholders. 

The school is hopeful the projects will continue to reinvigorate North Broad and re-establish the artery as the gateway to the campus. Once completed, the plan will create more green area and academic space, develop additional campus housing and link the core of the main campus to North Broad.

Some of the first projects would be upgrading Pearson McGonigle Hall, more student housing, a parking garage, a new library, and plan that calls for streetscaping, lighting, and resurfacing some areas.

In my opinion this is good news for areas right around Temple U. Investing around college campuses, especially Temple U that see the wisdom of improving their campus/image is a no-brainers. And don’t believe for a second that Temple will not be expanding its boundaries.  The eventual growth path will in theory connect the main campus and the health science campus 1 mile further down N. Broad together.

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April 17, 2010 - Posted by | Uncategorized | , , ,

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