Facilities and Real Estate

President Liz Magill and Dean Vijay Kumar of the School of Engineering and Applied Science comment on Penn Engineering’s new Amy Gutmann Hall, which will open to students in September 2024.

A Wharton School study found that short-term rentals are often concentrated in areas where rental housing predominates and that each 1% increase in Airbnb listings in a ZIP code creates a small increase in rents and house prices as the number of long-term rentals decreases.

Penn Medicine will use the shuttered and recently purchased Brandywine Hospital to reimagine health care for veterans and provide improved access to emergency care services for western Chester County community members, with remarks from CEO Kevin Mahoney.

Penn Medicine has agreed to acquire the shuttered Brandywine Hospital in Chester County from Tower Health by the end of 2023.

Benjamin Keys of the Wharton School says that insurers across the country are less willing to take risks.

Penn will begin construction next year on the Student Performing Arts Center, which will include a 300-seat theater with a fly tower and orchestra pit, a 125-seat theater for rehearsals and practices, five rehearsal studios, back-of-the-house support spaces, and a loading dock.

Penn is planning to construct a $75 million Student Performing Arts Center along Woodland Walk in the heart of campus, with remarks from President Liz Magill.

A new 37,300-square-foot Student Performing Arts Center will provide dedicated space for the performing arts on Penn’s campus.

Susan Wachter of the Wharton School says that rising numbers of foreclosures bear watching but aren’t yet alarming.

Benjamin Keys of the Wharton School explains how climate risk is driving insurer decisions like never before.