Commerce
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CHOP Pays $24.75M For Grays Ferry Property, Further Expanding Its Philadelphia Footprint
Children’s Hospital of Philadelphia recently purchased a 3.2-acre property in Grays Ferry for $24.75 million in its latest effort to expand its Philadelphia footprint, writes John George for the Philadelphia Business Journal. As a property zoned by CMX-3, it allows for a range of commercial development. CHOP’s purchase of the site comes as it undergoes…
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These Delaware County Restaurants Will Show Mom How Much You Love Her
A favorite Mother’s Day gift is not making mom cook. Here are three Delaware County restaurants ready to do some pampering, writes Ben Silver for Main Line Today. DiFabio’s in Media and Springfield, a Delaware County favorite, has its Mother’s Day brunch buffet on May 11 from 9:30 AM to 1:30 PM. There’s prime rib…
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Montco Leaders Urge Action as SEPTA Faces Historic Cuts
Montgomery County leaders are sounding the alarm over SEPTA’s looming $213 million deficit, writes Hayden Mitman for NBC 10 Philadelphia. With up to 50 bus routes and five regional rail lines on the chopping block, county commissioners are urging swift state action. “SEPTA’s funding crisis isn’t a transit issue,” said Commissioner Jamila Winder during a…
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Iconic ‘Tawanka’ Statue at Neshaminy Mall in Bensalem to Survive Redevelopment
The iconic statue of the bare-chested Lenni Lenape chief Tawanka inside Neshaminy Mall in Bensalem will survive the property’s redevelopment, writes Jo Ciavaglia for the Bucks County Courier Times. The bronze statue depicting the chief crouching down for a sip of water on top of a rock plateau was created by Philadelphia artist Henry Mitchell…
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Rite Aid Files for Bankruptcy For Second Time, Will Close All Remaining Philadelphia Stores
Rite Aid, the Philadelphia-based retail pharmacy, has filed for bankruptcy for the second time in under two years and just months after pulling through the first. As a result, the chain plans to close all remaining Philadelphia stores, writes Kristen Mosbrucker-Garza for WHYY. According to CEO Matt Schroeder, there is a possibility that Rite Aid…
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Philadelphia’s First Major Office-to-Residential Conversion Went Smoothly, Leasing Starts in March
Philadelphia’s first major office-to-residential conversion since the pandemic is set to be completed this spring, with leasing beginning in March, writes Jake Blumgart for The Philadelphia Inquirer. Alterra Property Group’s conversion of 1701 Market Street is the only such major project nearing completion, despite ongoing discussions over turning empty office spaces into residences since 2020,…
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Five Below Co-Founder, Executive Chairman Tom Vellios to Step Down in June
Five Below co-founder and executive chairman Tom Vellios will be stepping down for his executive role as part of the Philadelphia-based company’s continue leadership turnover, writes Ryan Mulligan for the Philadelphia Business Journal. After he steps down, effective June 12, Vellios will transition into an advisory role. He will be replaced by current board member…
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Philly’s Coworking Hubs Are Reshaping Work Culture Through Connection and Creativity
Philadelphia’s coworking spaces now do more than share desks — they are building communities that help encourage collaboration and innovation, writes Steve Filmore for WHYY. Long favored by freelancers and startup workers, coworking spaces that offer shared offices for daily or monthly rental are now reshaping the how and where people do business. Across the…
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House of the Week: Gorgeous Dutch Colonial in Chestnut Hill
A gorgeous Dutch colonial home on lovely 1.93 acres with five bedrooms and four full and two half bathrooms is available for sale in Chestnut Hill. This exquisite residence blends historic character with thoughtful updates, offering an elegant lifestyle within the Morris Arboretum. Meticulously restored, it showcases superb craftsmanship across three finished levels and expansive…
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IBX Launches Celebrate Caring Campaign to Recognize Outstanding Nurses, ‘the Backbone of Healthcare’
Independence Blue Cross is now accepting nominations for its 2025 Celebrate Caring campaign, which highlights extraordinary nurses in the region. Members of the community can help IBX recognize those special nurses who demonstrate a continued excellence when caring for others by submitting nominations starting now, during National Nurses Week. Nominations will be accepted through May 31.…
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New Restaurant, Hidden Speakeasy Coming to West Chester from Dolce Zola Owners
A new restaurant with a hidden speakeasy is coming to West Chester from the owners of the town’s popular pasta bar, dolce Zola, writes Emma Dooling for the Philadelphia Business Journal. Giorgio Belfiore and his parents, Antonella Gamba and Pietro Belfiore, bought a building just a few doors down from their eatery in April for…
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Bucks County Medical Center Named Among Premier’s 100 Top Hospitals for 2025
Four Philadelphia-area medical centers have earned spots on Premier’s 100 Top Hospitals rankings for 2025, including one in Bucks County, writes John George for the Philadelphia Business Journal. The annual program determined the top hospitals in the nation based on clinical outcomes, operational efficiency, patient experience, and financial health. This year, researchers evaluated 2,599 short-term,…
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Upper Darby Closes Charles Kelly School, Students Impacted
The Upper Darby School Board voted last week to close Charles Kelly Elementary School in Drexel Hill at the end of the 2025-26 school year, writes Mark Nemirow for the Daily Times. There are 285 students at the school, which opened in 2007 at the former St. Charles Borromeo Catholic School building on Dennison Ave.…
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Philadelphia Welcomed Hundreds of Thousands, Sees Over $1B in Economic Impact from Tourism in 2024
Philadelphia Convention and Visitors Bureau and Pennsylvania Convention Center Authority have recently unveiled their 2024 Annual Report. According to the report, the PHLCVB attracted nearly 550,000 attendees to Philadelphia in 2024 through the various meetings, conventions, and sporting events. In fact these visitors spent $410 million locally, which contributed to an economic impact of $636…
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This Week’s PGA Truist Launches Record-Breaking Season for Montgomery County
Montgomery County enters a record spring and summer as the PGA Truist event tees off at Philadelphia Cricket Club in Flourtown this week, anchoring a lineup of major sports tournaments expected to bring a positive economic impact to the region. The PGA Truist, one of several premier events hitting Montco this spring and summer, marks…
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Ursinus Students Set Sail with Aqua PA’s Floating Classroom at Green Lane Reservoir
Education met environmental science on the waters of Montgomery County last week as Ursinus College students boarded a unique vessel: the Floating Classroom, a solar-powered pontoon boat docked at Aqua Pennsylvania’s Green Lane Reservoir. This hands-on learning experience is part of a broader partnership between Aqua PA and the Perkiomen Watershed Conservancy — an alliance…
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PECO Advancing Tree and Vegetation Management Initiatives to Reduce Outages, Enhance Service Reliability
PECO is executing a strategic tree and vegetation management program across its southeastern Pennsylvania service area to help reduce power outages caused by severe weather, support infrastructure enhancements, and improve the overall safety and reliability of electric service for customers. Trees and other vegetation account for approximately 40 percent of power outages across the region,…
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East Norriton’s Suburban Community Hospital Shifts Focus to Behavioral Health
Suburban Community Hospital in East Norriton is undergoing a major transition, writes Harold Brubaker for the Philadelphia Inquirer. Beginning July 1, the facility will become a behavioral health hospital focused on adults aged 55 and older, Prime Healthcare Foundation announced. The change marks a shift from Suburban’s current role as a micro-hospital offering emergency and…
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