Penn State’s Board of Trustees is set to approve the $7.4 million sale of its York campus to York College of Pennsylvania during Thursday’s Finance and Investment Committee meeting.

The property is expected to continue serving educational purposes.

The sale includes the entire 53-acre campus and aligns with Penn State’s plans to close the campus by the end of the fiscal year. York College of Pennsylvania will take responsibility for the property’s utility systems and accept the campus as-is.

In York, discussions included the York County Economic Alliance, which conducted a study related to the property. More than 33 of the campus’s 53 acres have restrictions, including city approval requirements, rights of first refusal, and other conditions affecting the property’s transfer.

The university said the agreement with York College of Pennsylvania would allow the property to remain in educational use while continuing to serve the local community.

The campus is also home to the Pullo Family Performing Arts Center, which was cited during the meeting as part of the property’s value to the area’s arts community

The $7.4 million sale was approved without opposition. The university plans to complete the transfer before the end of the fiscal year.

Before approval, the full Board of Trustees will vote during Friday’s meeting.

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