Capital Plan 2024-2028

The University's 2024-2028 Capital Plan is a maintenance-centric plan focused on system renewals, maximizing funding impact, and minimizing administrative burden. 

The Capital Plan is a living document intended to serve as a guide to help prioritize projects and accommodate emerging strategic needs. Individual projects are approved once they have gone through the University Board of Trustees approval process.

$2.407B

Overall Capital Plan Obligations

$1.129B

For Education and General

$42.4M

For the College of Medicine

$1.236B

For Self-Supporting Units:

$376.4M for Auxiliary and Business Services

$700.0M for Intercollegiate Athletics

$159.9M for the Applied Research Laboratory

Press Release Announcing 2024-2028
University Capital Plan.

Go to Press Release

Plan Categories

System Renewal

  • University Park - $188.2M
  • Commonwealth Campuses - $62.8M

Initial systems include Building Automation Systems, Electrical Systems and Switchgears, Elevators, Envelopes, Hazardous Material Abatement, HVAC, Interiors and Accessibility, Life Safety and Plumbing.

Major Construction and Renovation

  • Physics Building and Osmond Laboratory Renovation - $115M
  • Sackett Building Renovation and Addition - $89.9M
  • Animal Diagnostic Laboratory Renovation - $65.3M
  • Academic Building - Abington - $68M
  • Eisenhower Auditorium Renovation - $54.2M
  • Academic Learning Center - Harrisburg - $47M
  • Former Palmer Museum of Art Repurposing - $40.4M
  • Nursing Sciences Building Renovation - $30M
  • Physical Education Building Renovation - Abington - $25M
  • Boucke Building Renovation - $18.4M 
  • Henderson Building Renovation - $10.7M
  • Classroom Building - $96M
  • Knowledge Park - Center for Manufacturing Competitiveness - Behrend - $25M
  • Manson Building - START+ Laboratory - $22.6M
  • Microchip Packaging Cleanrooms Renovation - $19.0

Infrastructure

  • East Campus Thermal Storage Tank - $31.3M
  • Infrastructure System Support - University Park - $15.7M
  • XLP Electrical Cable Replacement Program - $15M
  • Road Rehabilitation Program - $10M
  • Small Infrastructure Projects - $8.9M
  • Parking and Roadway Maintenance - Commonwealth Campuses - $7M
  • Infrastructure System Support - Commonwealth Campuses - $5M

Demolition

  • Demolition Program - $33.2M

College of Medicine

  • Comparative Medicine Renovations, Phase 2 of Precinct Plan - $12M
  • Inpatient Bed Renovations (Penn State Health) - $14M
  • Air-Handler Unit Replacements, Phase 2 at Milton S. Hershey Medical Center - $16.4M 

Auxiliary and Business Services

  • Pollock Residence Halls Renovation - Phase 3A - $82.7M
  • Pollock Residence Halls Renovation - Phase 3B - $81.7M
  • Pollock Residence Halls Renovation - Phase 3C - $80.5M
  • Pollock Residence Halls Renovation - Phase 3D - $88.1M
  • West Residence Halls - Restroom Renovations - Phase 1 - $9M
  • West Residence Halls - Restroom Renovations - Phase 2- $9M
  • West Residence Halls, McKee Hall - Bathroom Renovations - $8.3M
  • South Residence Halls, Simmons Hall - Bathroom Renovations - Phase 1 - $8.4M
  • South Residence Halls, Simmons Hall - Bathroom Renovations - Phase 2 - $8.7M 

Note: Auxiliary and Business Services is a self-supported unit.

Intercollegiate Athletics

  • Beaver Stadium Renovation - $700M

Note: Intercollegiate Athletics is a self-supported unit.

Applied Research Laboratory

  • IB01 - Special Projects Building New Construction - $91.1M
  • Electro-Optics Center Purchase (or Lease Renewal) - $25M
  • Main Laboratory Renovation - Phase 1 - $10.7M
  • Reston Relocation to CMC5 Lease Amendment - $13M 
  • 331 Building Renovation - Phase 1 and Phase 2 - $14.6M
  • Major Maintenance - $5.5M

Note: The Applied Research Laboratory is a self-supported unit.