Temple Issues $150 Million In Bonds To Finance $1.2 Billion Neighborhood Development

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.

Temple Univeristy Planning Huge Expansion

Article in Philadelphia Inquirer, Temple planning $1.2 billion expansion. see full article

Over the next decade, Temple University plans to spend $1.2 billion mostly to develop its Broad Street corridor, including adding 2,000 dorm beds and building a new flagship library at Berks Mall and Broad.