Thomas Jefferson To Subsume Philadelphia University

 

“At the signing table (from left): Stephen Klasko MD MBA President and CEO, Jefferson, and Stephen Spinelli, Jr., PhD, President, Philadelphia University, trade ball caps after signing the agreement.” | Photo: Steven M. Falk, for The Inquirer

“At the signing table (from left): Stephen Klasko MD MBA President and CEO, Jefferson, and Stephen Spinelli, Jr., PhD, President, Philadelphia University, trade ball caps after signing the agreement.” | Photo: Steven M. Falk, for The Inquirer

  • Upon the completion of the current academic year, Philadelphia University will merge with Thomas Jefferson University, it was announced yesterday. Jefferson President and CEO Stephen K. Klasko likened the at-first curious fusion of the highly respected health sciences university with the growing textile school to a quirky radio hit that needs a few play-throughs for one to fully appreciate it. Such ingratiation will occur over the next three years “The merger with Philadelphia University is the third for Jefferson since Klasko became chief executive of the Center City institution in September 2013,” reports The Inquirer. Klasko will remain at the helm, and PhillyU President Stephen Spinelli will join the Jefferson board in addition to chairing a new academic oversight board at the combined institution.
  • The Wall Street Journal updates its readers on Philadelphia’s apartment market, citing Houston-based Hines and the Goldenburg Group’s 1213 Walnut project as a telling example of Philly’s newfound competitiveness in this realm, as the reuse of old factories and warehouse is supposedly less of a necessity. The Journal also takes note of Philadelphia’s continued identity as a “city of homes,” comparing its relatively low proportion of apartments within its housing stock to Chicago’s (30%), Boston’s (35%), and New York’s (51%). 
  • You may have noticed the $2.1 million pilot program implemented this summer by the Streets Department to replace central Center City’s (the blocks bounded by Race, 12th, 17th, and Walnut Streets) high-pressure sodium street lights with energy-efficient white Light Emitting Diodes. The Inquirer’s Jason Laughlin notes that at less than half the height of the old 30-foot tall cobra lights, the LEDs offer a better diffusion of light.
  • A Target location will replace the Whole Foods at 2001 Pennsylvania Avenue after the organic grocer settles into its new digs at Rodin Square early next fall, says the Philadelphia Business Journal Natalie Kostelni. The 30,000-square-foot space is the third announced Target location for Center City, the others set to be incorporated on projects now under development along Chestnut Street, at 12th & 19th.
About the author

Stephen Currall recently received his BA in history from Arcadia University. Before beginning doctoral studies, he is pursuing his interest in local history, specifically just how Philadelphians engage their vibrant past. Besides skimming through 18th century letters, Steve is also interested in music and travel.

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