Commerce
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Ellis Preserve Developer in Newtown Square Looking at Industrial Sites
An affiliate of Equus Capital Partners in Newtown Square is working to raise $500 million for an industrial property fund, writes Paul Schwedelson for the Philadelphia Business Journal. Equus Industrial Partnership L.P., formed in 2024, has raised $136 million toward the fund so far, according to a filing with the U.S. Securities and Exchange Commission.…
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Wall Street Journal: Father Judge Students Are Securing $50K+ Jobs Before Graduation, Thanks to Trade Programs
Amid skilled trade worker shortages, students at Northeast Philadelphia’s Father Judge High School are receiving job offers of $50,000 and above before even graduating, writes Te-Ping Chen for The Wall Street Journal. As baby boomers retire, employers have increasingly started recruiting high school students into trades such as plumbing, electrical work, and welding. Many businesses,…
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James Beard Foundation Names Philadelphia Chef As One of 20 to Watch Across the Nation
Yun Fuentes, the chef-owner of Bolo, has been named to the James Beard Foundation’s most recent TasteTwenty list of restaurateurs to watch, writes Ryan Sharrow for the Philadelphia Business Journal. Fuentes opened the Latin American restaurant in Rittenhouse Square back in 2023. Prior to that, he worked as executive chef at Alma de Cuba, and…
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Temple Health Transforming Chestnut Hill Hospital Two Years After Acquisition
It has been two years since Temple University Health System took over Chestnut Hill Hospital and the efforts has left to a strong turnaround, writes John George for the Philadelphia Business Journal. Temple Hospital CEO Abhi Rastogi noted that when it was acquired, the Northwest Philadelphia hospital was experiencing a failing infrastructure, low volumes, and…
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House of the Week: Lovely and Spacious California Split in Somerton
A lovely California split home set on 0.23 attractive acres with three bedrooms and two and a half bathrooms is available for sale in Somerton. This inviting residence features a stone front exterior and an open floor plan that is enhanced by the soaring cathedral ceilings. Refined details include hardwood flooring, granite countertops, and an…
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PECO Announces Retirement of CEO Dave Velazquez, Names David Vahos His Successor
PECO has announced the retirement of President and CEO Dave Velazquez, an Exelon veteran who has served more than 40 years across the energy industry. Velazquez was named PECO’s President and CEO in February 2024, and he quickly became entrenched in the service area, building strong relationships with local businesses and community organizations and furthering…
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Brave 10-Year-Old Who Shielded Sister in Northeast Philly Medical Jet Crash, Makes Astonishing Recovery
Ten-year-old Andre Howard, who was hailed as a hero after shielding his little sister during the medical jet crash in Northeast Philadelphia in January, is astonishing doctors with his recovery, according to a staff report from 6abc. The medical aircraft was carrying six people when it crashed near Cottman and Roosevelt Boulevard, killing everyone onboard…
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Philadelphia Ranks Among Top 5 Industrial Markets Nationwide in 2025
While construction activity nationwide has remained relatively low due to ongoing oversupply and increased rent, the industrial real estate market remains stable. A new study that looks at the current trajectory of the market ranked Philadelphia as the fourth-strong industrial market in the nation for the first quarter of 2025, according to CommercialCafe. The ranking…
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IBX Introduces ‘Better Together’ Campaign to Tackle ‘Silent Epidemic That Affects People of All Ages’
Independence Blue Cross has launched “Better Together,” a public awareness campaign to highlight the health impacts of loneliness and empower people to build stronger, more meaningful connections. The Centers for Disease Control and Prevention defines loneliness as a feeling of being disconnected from others due to a lack of meaningful or close relationships or a sense…
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43 Crozer Physicians In-Training Picked Up by Penn Medicine
The University of Pennsylvania Health System has hired 43 physicians-in-training who were displaced after the Crozer Health shutdown, writes Harold Brubaker for The Philadelphia Inquirer. The residents will continue providing care in Springfield and Upper Darby but will now receive inpatient training at Chester County Hospital. To make it happen, Penn Medicine has moved up a…
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Mitchell Morgan Has a Full-Circle Moment at Temple Graduation
Mitchell Morgan, founder and CEO of Conshohocken’s Morgan Properties, shares his success story at Temple University’s 138th commencement, writes Sidney Rochnik for Temple News. Morgan earned both his undergraduate and law degrees at Temple. The University awarded him with an honorary Doctor of Humane Letters during the ceremony. Morgan closed the event with a heartfelt…
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Here Are 2 Top-Rated Rooftop Dining Spots in Bucks County
With warmer days ahead ushering in the official rooftop dining season, there are plenty of great rooftop restaurants and bars to choose from in the Philadelphia suburbs, including some Bucks County rooftop dining, writes Hira Qureshi for The Philadelphia Inquirer. Among the eight best, two are located in Bucks County. Maxwell’s On Main in Doylestown…
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Savor Philadelphia’s Brunch Scene at These Top Restaurants
Whether you’re in the mood for creative twists on brunch classics or hearty comfort food to start your day, Philadelphia’s spots have you covered, write Laura Swartz, Jason Sheehan, and Maddy Sweitzer-Lammé for Philadelphia Magazine. Polish restaurant Little Walter’s in Kensington recently introduced brunch, which features avocado toast, babka, bialy, gołabki stuffed with brisket and…
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What Could Become of the Wanamaker Building Under New Ownership? Here is An Idea
After negotiations with Philadelphia-based Rubenstein Partners are complete, the iconic Wanamaker building will fully belong to Manhattan-based real estate company, TF Cornerstone, writes Jake Blumgart for The Philadelphia Inquirer. TF Cornerstone had owned the 435,000-square-foot portion of the building that currently contains Macy’s since 2019, before purchasing the debt for the remaining 954,262-square-foot office portion…
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Hospitals Taking Crozer Health Patients Part of Delco Gives Focus This Year
The Foundation for Delaware County, after unsuccessfully trying to save the bankrupt Crozer Health system with an infusion of $20 million, is now asking the public to give to help Crozer Health patients impacted by the health system’s closing. The appeal comes during the two-day online giving drive, Delco Gives, May 8 and 9, which…
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United Way’s Marissa Christie Is Leading With Heart—and Making a Big Impact in Bucks County
Marissa Christie always believed in the power of unity, and now she puts this into action as president and CEO of United Way of Bucks County, writes Julie Brown Patton for City Lifestyle. The organization solves urgent community challenges and ensuring local families have access to the resources they need. “A great example of unification…
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Local Brewing Company Eyes West Chester for Possible Expansion
Local brewery Tired Hands Brewing Co. has its sights set on West Chester for a new brick-and-mortar location, writes Emma Dooling for the Philadelphia Business Journal. The brewery is currently undergoing a rebrand that includes introducing several new locations, expanding its food and drink menu, renovating interiors, and formally changing the name of the Ardmore…
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‘Changing the World One Miracle Moment at a Time’: Bucks County Native Named Holy Family’s Valedictorian
When Leah Ford stepped onto Holy Family University’s campus for the first time, she was emerging from a full year of remote learning at Pennsbury High School in Yardley — an experience that left her feeling nervous about transitioning into in-person college. “Going from virtual high school during COVID to in-person college was very difficult,”…
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