Temple Issues $150 Million In Bonds To Finance $1.2 Billion Neighborhood Development
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Temple University recently sold $150 million worth of bonds to begin work on a decade long $1.2 billion dollar neighborhood redevelopment project designed to make North Broad Street a 24/7 vibrant urban area. Temple is taking a similar approach to what University of Pennsylvania undertook in University City and Columbia University did in Morningside Heights. Here is a link to a story on Philadelphia Business Journal.