Scout goals to rework two UArts buildings as artists’ havens

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Philadelphia continues to be recovering from the abrupt closure of The College of the Arts final June, grappling with the lack of a serious piece of town’s inventive identification. Now, because the mud settles, the destiny of the varsity’s iconic buildings hangs within the stability.  

Hamilton Corridor, the Greek Revival landmark featured on the varsity’s former brand, and Furness Corridor, the putting Victorian-Gothic construction beside it on the Avenue of the Arts, just lately had been claimed at public sale for $12.5 million by Scout, the female-led growth agency behind the transformation of the Bok Constructing.

The bid was made attainable by an nameless donor, who supplied an emergency bridge mortgage. The corporate should repay the mortgage inside 60 days. Whether or not the corporate can transfer ahead with its growth plans stays in query. 

“Even per week earlier than the ultimate public sale, I used to be not assured that we had been going to have the ability to do that,” mentioned Lindsey Scannapieco, Scout’s co-founder and a Philly native.  

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