The University of Pennsylvania commissioned a feasibility study to examine reuse and adaptation of a 1920's Art Deco building on its campus. In addition they wanted to compare the costs of building a new building of equivalent square footage on the same site.

The comprehensive study covered the historic importance of the building, suggestions for reuse, an outline specification, and cost estimates for both scenarios.

The report concluded that a new equivalent building would be considerably more expensive even if historical renovations and restorations were included in the comparison. The existing building with its limestone and marble facade could not be built today for a reasonable cost.

The report also recommended restoring the banking floor to its original design with a double height space and mezzanine to create another dramatic gathering space for students. The space could be a club, theater, restaurant, or retail space to compliment the commercial space already on Walnut Street.