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Alvernia breaks ground on $20 million CollegeTowne renovation project

Alvernia breaks ground on $20 million CollegeTowne renovation project From left: City of Reading Mayor Eddie Moran, Alvernia Student Corinne Hambleton 21, Alvernia President John R. Loyack, Alvernia Board of Trustees Chairperson Michael Fromm, PA State Senator Judy Schwank, Berks County Commissioner Michael Rivera, City of Reading Councilperson Lucine Sihelnik Starbucks coming to 401 Penn Street   Alvernia University breaks ground on a $20 million renovation and retrofitting project at its new downtown Reading location at 401 Penn Street, the centerpiece of Reading CollegeTowne, the innovative strategy of expanding the campus into the downtown area to continue its Franciscan mission of education, service and community engagement. The university also announced the addition of a Starbucks franchise to the corner of Fourth and Penn streets that will be managed by the institution’s food service provider, Aladdin Food Services.

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Alvernia secures record-breaking $4 million grant

Pennsylvania Redevelopment Assistance Capital Program grant funds Reading-based initiative   Alvernia receives a $4 million grant from the Pennsylvania Redevelopment Assistance Capital Program to renovate its newly secured downtown Reading location at 401 Penn Street, which is the centerpiece of the Reading CollegeTowne initiative, the innovative strategy of expanding the campus into the downtown area to continue its Franciscan mission of serving the underserved through education and economic development. The grant award is the largest in the university’s 62-year history.   This support for Alvernia and the Reading CollegeTowne movement is truly unprecedented and was made possible by the continuing outpouring of support of so many, including Senator Schwank, Mayor Moran, Reading City Council and the Berks County Commissioner, our trustees and partners,” said Alvernia University President 

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