Local University Expansion

[John Whitridge]

Hi Bigger Pockets!  

I am getting ready to close on a 3 unit multi-family home in Philadelphia less than 2 blocks from a local university.  I recently spoke to my soon-to-be property manager who informed me that there is talk of the school expanding and putting in a new football field a 'stones throw' away from the multi-family building.  He informed me that in his opinion it would only add value to the building but I would like to hear a second opinion on whether University expansion is always a good thing or if it has ever brought negative results for local home owners?