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Penn State Plans to Ground Lease Land at Innovation Park for Rehabilitation Hospital

Summary by statecollege.com
An approximately 5-acre parcel at Penn State's Innovation Park will be leased to a developer for construction of an acute care rehabilitation hospital, pending approval by the university's Board of Trustees at its meeting on Friday. The board's Committee on Finance and Investment on Thursday morning recommended approval of the ground lease to Catalyst Healthcare Real Estate, the development partner of Cumberland County-based PAM Health, which wo…
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statecollege.com broke the news in State College, United States on Thursday, February 20, 2025.
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