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Drexel to Close on High School Buy on Monday

PHILADELPHIA—After working out a deal with city officials, Drexel University is scheduled to close on Monday on the $25 million purchase of the former University City High School.

By John Jordan | Updated on June 13, 2014

PHILADELPHIA—After working out a deal with city officials, Drexel University is scheduled to close on Monday on the $25 million purchase of the former University City High School.

On Thursday, the City Council approved amendments to a bill regarding the zoning of the 14-acre property that limits future development building height to 65 feet. The original legislation set the height limit at 75 feet, according to PlanPhilly. The revised bill is expected to be voted on next week prior to the City Council’s close of session for summer break.

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