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Penn State Plans to Buy State College VFW Property for $2.8 Million

Original story: Penn State intends to purchase three parcels near North Atherton Street from the Veterans Club of State College for $2.8 million. The Board of Trustees Committee on Finance, Business and Capital Planning on Thursday morning unanimously recommended authorizing the acquisition of 129 and 133-139 N. Barnard St. The full board will vote on the purchase during its meeting on Friday. The .66 acres is adjacent to university property along the 100 block of North Atherton Street. With the acquisition Penn State would own all but two parcels between North Atherton and North Barnard streets from Clay Lane to Park Avenue. According to Sara Thorndike, senior vice president for finance and business, Penn State intends “to assemble the parcel with adjoining university-owned property.” The university has not outlined any specific long-term plans for the block along North Atherton Street between Clay Lane and Railroad Avenue.

Committee recommends purchase of Barnard Street property

Committee recommends purchase of Barnard Street property May 06, 2021 UNIVERSITY PARK, Pa. A recommendation today (May 6) to purchase a property on 129, 133-139 N. Barnard St. in State College, near the University Park campus, was pushed forward by the Board of Trustees Committee on Finance, Business and Capital Planning. The full board will consider the proposal at its meeting on May 7. The 0.66 acres of land at 129, 133-139 N. Barnard St. in the Borough of State College was owned by the Veterans Club of State College, Inc. The property is adjacent to other Penn State properties on North Atherton Street.  The intent is to consolidate the plot with adjoining University-owned property for future redevelopment. Currently, there are no plans in place for specific use of future building space. 

Why the full, careful review of divestment proposal matters

Committee considering fossil fuel divestment to release recommendations this May

Committee advances proposal to renovate Lasch Building

Committee advances proposal to renovate Lasch Building A $48.3 million project to renovate and expand Lasch Building is designed to support the training, education, health and safety needs of student-athletes. Image: Penn State Committee advances proposal to renovate Lasch Building February 18, 2021 UNIVERSITY PARK, Pa. The Board of Trustees Committee on Finance, Business and Capital Planning advanced a plan today (Feb. 18) to renovate and expand the Mildred and Louis Lasch Football Building at the University Park campus. The full board will consider the proposal and vote on the measure on Feb. 19. The $48.3 million plan is designed to support the training, education, health and safety needs of student-athletes.