Drexel University's new president, John A. Fry, on Tuesday outlined a five-point plan to improve the neighborhood, including an expanded safety-patrol zone and a loan forgiveness program for employees who buy homes in the area.
In his first major address to the university community, Fry also pledged expertise and fund-raising support for the area's public elementary school and an effort to improve the business district along Lancaster Avenue.
Fry, a former University of Pennsylvania executive who was a key architect of Penn's successful plan to revitalize its neighborhood, hopes to make history repeat itself.
"Let us mark today as the beginning of a new phase of a high-impact university-community partnership that will lift Drexel University and its surrounding neighborhoods to new heights," Fry said, drawing a standing ovation at the school's convocation.