University Park, Pa — Penn State's Board of Trustees today (March 19) approved the purchase of property at 240 N. Burrowes Road in State College, the former home of the now-disbanded Phi Delta Theta fraternity. The University has no immediate plans for the property, which is adjacent to the core campus.
Over the last several years, University officials have been engaged in discussions with representatives from the Alumni Corporation about buying the property.
The University will pay the Alumni Corporation $1.75 million for the property. Students who are currently living in the house will remain until their leases expire at end of the spring semester.