Real estate rumors trail Bonner/Prendie shutdown
Hospital, college deals are long shots, sources say
Crozer Keystone's Delaware County Memorial Hospital is among the buyers residents speculate could want the hit-listed 44-acre Monsignor Bonner (Boys)/Archbishop Prendergast (Girls) high school campus in Upper Darby, if only because DCMH is next door.
One real estate investor who owns business property in Upper Darby (and lots more in Jersey) told me he's heard a price - $88 million - $2 million an acre. That compares to, for example, the sale a few years back of Episcopal Academy's former City Line Ave. campus to St. Joseph's University, at around $3 million an acre. But even $2 million sounds high; City Line is a commercial neighborhood, you'd expect the Bonner/Prendie site would sell for less.
I called a couple of real estate people who've worked with Crozer before. One said he hasn't heard anything; the other says he "would be very surprised" if Crozer bought the property, given its current facilities, finances, and needs.
I also heard, from a Bonner partisan, that there has been talk of attracting Aston-based Neumann College (run by the Catholic Franciscan Sisters of Philadelphia) to take over one of the high school buildings as a satellite campus, consolidating the boy-girl high schools in the other. There's no such plan, a senior Neumann official told me.
I called a couple of real estate people who've worked with Crozer before. One said he hasn't heard anything; the other says he "would be very surprised" if Crozer bought the property, given its current facilities, finances, and needs.
I also heard, from a Bonner partisan, that there has been talk of attracting Aston-based Neumann College (run by the Catholic Franciscan Sisters of Philadelphia) to take over one of the high school buildings as a satellite campus, consolidating the boy-girl high schools in the other. There's no such plan, a senior Neumann official told me.