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.