Temple could become the next owner of Terra Hall, a University of the Arts landmark in Center City, President John Fry announced in a statement to the university community Friday.
The bid still awaits court approval but would replace Temple University Center City’s campus at Market Street and North 15th Street. The university’s bid was $18 million, The Temple News confirmed.
“As we begin our work of spurring an innovation corridor that stretches both north and south of our Main Campus on Broad Street, the acquisition of Terra Hall continues Temple’s longstanding tradition of investing in a Center City campus and provides us with a strong and permanent presence in the heart of downtown Philadelphia,” Fry wrote in a joint statement with Provost Gregory Mandel and Chief Operating Officer Ken Kaiser…