This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

With $5 Million Gift Drexel Will Transform Its Campus Center And Create The Perelman Plaza

PHILADELPHIA, Feb. 6, 2013 /PRNewswire-USNewswire/ --Thanks to a $5 million gift from the Raymond and Ruth Perelman Education Foundation, Drexel University will reimagine the center of its campus along the former 32nd Street between Chestnut and Market Streets. The resulting hub for the Drexel community will be known as The Raymond G. Perelman Plaza.

"The highest and best use of open outdoor space is critical to a vibrant urban university campus," said Drexel President John A. Fry . "I envision a day very soon when Perelman Plaza will be a destination for all members of our community almost every day, and the rest of our transformed campus and neighborhood will radiate out from its hub. I am incredibly grateful to Ray Perelman for sharing our vision and passion. He is a singularly successful entrepreneur and transformative philanthropist in Greater Philadelphia."

In honor of Perelman's dedication to strengthening educational, medical and cultural institutions throughout the region, Drexel's College of Medicine awarded Perelman an honorary degree in 2012. With the new plaza, his name and generosity will be invoked whenever future generations of Drexel students gather at the heart of the University City campus.

The campus master plan places Drexel's "center of gravity" squarely on Perelman Plaza. With the University's largest academic building, the home for Drexel's LeBow College of Business, rising at one end and a new residential and retail center, Chestnut Square, at the other, the location will be the University's primary outdoor social and event space.

Perelman Plaza will help fulfill Drexel's need for public spaces that inspire connection, collaboration and community among students, faculty and professional staff. Perelman Plaza will focus the excitement of the University's urban campus in a location where thousands of people can meet, eat, study and be social on a daily basis, and where the University can hold large outdoor gatherings and events.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs