Commerce
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Snowmelt Derby: West Chester Man’s ‘Pointless’ Winter Game Brings Joy to Friends
Fed up with winter, Bob Mina created Snowmelt Derby, a game where his Facebook friends try to guess when the snow will finally melt in his West Chester backyard, writes Sophia Schmidt for WHYY. The inaugural game was over a decade ago, and every winter since, dozens of people have tracked the snow melting in Mina’s backyard. The winner…
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Two Philadelphia Companies Land on Deloitte’s Fast 500 List of North America’s Fastest-Growing Tech Firms
Two Philadelphia-based companies have earned spots on Deloitte’s 2025 list of the fastest-growing technology firms in North America, writes Ryan Mulligan for the Philadelphia Business Journal. Deloitte released its 31st annual Technology Fast 500 earlier this week, ranking public and private tech companies based on revenue growth from 2021 through 2024. Philadelphia’s and the region’s…
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Temple University Pays $8 Million for Former McDonald’s Site Adjacent to Its Sports Complex
Temple University has purchased the former McDonald’s site at Broad Street and Girard Avenue, next to Temple University Sports Complex, for $8 million, writes Ryan Mulligan for the Philadelphia Business Journal. The fast food restaurant that once occupied the lot was demolished in 2023. This acquisition continues a series of deals the university has pursued…
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Center City’s Largest Apartment Tower Goes Up for Sale Again After 4 Years
Center City’s largest apartment tower, on 1500 Locust Street, is back on the market four years after it was last traded, writes Paul Schwedelson for the Philadelphia Business Journal. The 605-unit, 45-story building was acquired by New York real estate firm Fairstead and Minneapolis investment company Castlelake for $233 million back in December 2021. It…
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Philly Homeowners Stay Put Longer, With Average Tenure Hitting 9.5 Years
Homeowners in Philadelphia are remaining in their homes longer than at any time in at least twenty years, with the average tenure now sitting at 9.5 years, write Mike D’Onofrio and Sami Sparber for AXIOS. In 2005, homeowners typically spent less than four years in their residences before deciding to move. These days, long tenure,…
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On-Campus Foal Cameras Return to DelVal
On-campus foal cameras have returned to Delaware Valley University in partnership with the Pennsylvania Horse Racing Association. Beginning Monday, Feb. 23, viewers can watch as expectant mares in DelVal’s Breeding Center prepare to give birth. This year, the footage will feature three mares, each due in March: Although the foal cams only follow the journey…
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Audubon’s PJM Takes Steps to Protect Your Electric Bill
Electricity prices could stay more stable in the coming years after PJM Interconnection agreed to extend a temporary cap on wholesale power prices, writes Peter Hall for Pennsylvania Capital-Star. The decision follows pressure from Gov. Josh Shapiro and other state leaders who have raised concerns about rising energy costs as demand for electricity grows. The…
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Radnor Introduces Eminent Domain Ordinance for Valley Forge Property
The Radnor Township Board of Commissioners introduced an ordinance last week to use eminent domain to seize 17 acres from the Valley Forge Military Academy Foundation, believing the land has been put up for sale and could be sold to developers. The Foundation oversees the Valley Forge Military Academy and Valley Forge Military College property…
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For Philadelphia Business Owners, PIDC Offers An Invaluable and Often Overlooked Way to Save
Philadelphia business owners have access to an invaluable, but often overlooked, resource in the Philadelphia Industrial Development Corp. (PIDC) that could save them thousands, writes Gene Marks for The Philadelphia Inquirer. Despite having “industrial” in its name, the public-private organization is a nonprofit formed by the City of Philadelphia and the Chamber of Commerce for…
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Philadelphia’s Chinatown Now Has Its First Black-Owned Restaurant
For the first time since its inception, Chinatown in Philadelphia has a new Black-owned restaurant, writes Greg Payne for FOX 29. Carter’s Cheesesteaks is Chinatown’s newest restaurant, offering both traditional and creative takes on cheesesteaks. Some of the more creative options include those topped with shrimp and lobster. Garci, its owner, holds great pride in…
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How Philadelphia’s College Enrollment Has Changed Since 2023 Supreme Court Ruling on Student Admissions
It has been more than two years since the U.S. Supreme Court ruled in favor of eradicating race-based admissions in college and universities. A new report from Class Action takes a dive into how enrollment at public and private educational institutions nationwide has changed since that ruling, writes Mike D’Onofrio for AXIOS Philadelphia. In Philadelphia,…
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Drexel Student Chef RJ Smith Brings Ocho Supper Club to Rittenhouse Hotel Residency
Chef RJ Smith’s Ocho Supper Club pop-up is coming to the Rittenhouse Hotel for a six-month residency, representing another unforgettable “pinch-me” moment for the Drexel University student, writes Michael Klein for The Philadelphia Inquirer. Only two years ago, Smith was crafting elaborate tasting menus for a small group of friends in his dorm room. Now,…
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Why LOVE Park is Philadelphia’s Most Instagrammable Spot for History, Art, and Year-Round Events
Philadelphia’s LOVE Park, featuring the iconic “LOVE” statue is known as one of the city’s most Instagrammable spots, as it offers visitors a lively blend of history, public art, along with year-round entertainment, writes Kristin Conard for the Islands. Nestled in the heart of Center City, the park is just across from City Hall and…
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House of the Week: Striking Townhouse in Society Hill
A striking townhouse set on a lovely 871-square-foot lot with three bedrooms and three and a half bathrooms is available for sale in Society Hill. This stunning residence combines classic charm with modern sophistication and is just steps from the historic beauty of Washington Square Park. Elegant details include marble entryways, soaring ceilings, custom storage,…
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Live Casino Celebrates 5 Years of Bringing Economic, Community Impact to South Philadelphia
Live Casino & Hotel Philadelphia is marking its fifth anniversary this month, as it officially opened its doors in February 2021. Since its opening Live Casino has been a pillar in the South Philadelphia community, helping create thousands of jobs, generating millions in tax revenue for the state, as well as for the city. To…
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Cursive Handwriting is Back in PA Schools Thanks to New Law
Governor Josh Shapiro signed a bill last week requiring that cursive handwriting lessons return to Pennsylvania classrooms beginning April 12, writes Peter Hall for Pennsylvania Capital-Star. The law, which was supported by Rep. Dane Watro and Sen. Wayne Langerholc, will also add printing and joined italics to writing curricula. For years, lawmakers have been pushing to bring back cursive writing in Pennsylvania schools, following in the…
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New Records Set as Extreme Cold Drives PECO Customers to Use More Natural Gas, Electricity
Following Philadelphia’s second-coldest January in the past decade, and more than 30 days dipping below 32 degrees already in 2026, PECO customers set new natural gas usage records and pushed the region’s electric and natural gas systems to peak performance. On four separate days in January, natural gas usage surpassed the previous 20 highest usage days. The extreme weather continued into early February, driving customer energy usage significantly…
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RKL Claims Spot on List of America’s Most Recommended Tax Firms
RKL, a leading advisory firm focused on delivering next-level solutions to help organizations and their leaders move forward and succeed, has again been named one of America’s Most Recommended Tax Firms by USA TODAY. The national publication, in partnership with Statista, rates the top 100 tax firms in the United States based on recommendations from…
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