Center City
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Longtime Philadelphia Museum of Art Curator Selected to Lead Nasher Sculpture Center in Dallas
Carlos Basualdo, who has been a curator at the Philadelphia Museum of Art for two decades, will soon begin a new role as director of Nasher Sculpture Center in Dallas, writes Maximilíano Durón for ARTnews. Basualdo originally joined the Philadelphia Museum of Art as a senior curator in 2005. At the end of 2022, he…
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Masonic Temple in Philadelphia Showcases Wide Array of Unique Gems
While the Masonic Temple in Center City is rich with symbolism — from the two sphinx statues flanking the entryway staircase to many portraits of past Freemasons — visitors can discover some delightful gems during their tour, writes Stephanie Farr for The Philadelphia Inquirer. The whimsical golden turkey sculpture, 66-million-year-old fossils embedded in the floor,…
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Philadelphia Commercial Real Estate Leaders Talk Present, Future of Center City Office Towers
Since the start of the pandemic, Philadelphia’s office sector has seen a shift, writes Noah Zucker for BisNow. In more recent years, we have seen many return to the office, while other office towers have downsized. The high vacancy has left many landlords struggling. There has also been residential conversions that have helped save some…
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People’s Budget Office Launches at LOVE Park to Bring City Budgeting into Public View
A bold civic initiative is taking root in the heart of Center City. From April 18 through June 12, the People’s Budget Office at LOVE Park will transform a retrofitted shipping container into a dynamic, interactive public art installation that brings the City of Philadelphia’s budgeting process into full view. Founded in 2021, the People’s Budget Office is a project…
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Comcast Creates New Chief Growth Officer Role, Appoints Veteran Business Tech Executive to Fill It
Comcast recently created a new role — chief growth officer in the residential domestic businesses of its Connectivity & Platforms segment — and appointed Jon Gieselman into the role, writes Todd Spangler for Variety. In the new role, Gieselman will be responsible for leading the team that leads Comcast’s U.S. residential businesses. This includes product…
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Center City Tower Goes On the Market, Sale Could Indicate Worth of Philadelphia Office Buildings
The 2000 Market Street building in Center City, which is currently owned by New York-based owner Nahla Capital, is now up for sale, writes Paul Schwedelson for the Philadelphia Business Journal. The eventual sale could go a long way toward indicating how much Philadelphia office buildings are worth in this post-pandemic environment. It remains to…
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Vast Collection Prominently Featuring Reading Terminal Market Finds Permanent Home at Penn Libraries
A one-of-a-kind collection — notable for its size, scope, and prominent focus on Philadelphia’s historic Reading Terminal Market — has found its new permanent home at the Penn Libraries, writes Louisa Shepard for Penn Today. Acquired by David K. O’Neil, a Penn alum who managed operations at Reading Terminal Market for a decade, the collection…
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Center City Undergoing $1.2B in Real Estate Development Activity, New Report Provides Breakdown
Center City District has released its latest Center City Real Estate Development Report, which provides an overview of the $1.2 billion in development activity taking place in the area. There are a total of 66 major development projects in Center City Philadelphia that are either completed, under construction, or in the planning stages. Center City…
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Proscia in Center City Secures $50M in Fresh Capital to Advance Its AI-Driven Software Platform
Philadelphia-based Proscia has secured $50 million in fresh capital, bringing its total funding to $130 million since it was launched in 2014, writes John George for the Philadelphia Business Journal. The Series B round was led by New York-based global software investor Insight Partners, AI Capital Partners of Singapore, and Palo Alto’s Triangle Peak Partners.…
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Philadelphia Developer Acquires Center City Site from Parkway Corporation
A Center City site has transferred ownership from Parkway Corp. to a Philadelphia developer, writes Paul Schwedelson for the Philadelphia Business Journal. The sale effectively puts an end to the former’s halted plans to construct a new, multifamily project there The site, which was purchased by local real estate developer Ryan Kalili, co-founder of Archive…
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Center City Business Owner Talks Pandemic Recovery, Five Years Later
At El Fuego in Center City, business is booming during every lunch hour. However, rewind back to 2020 and things were much more bleak due to the pandemic, report Cheryl Mettendorf and Nydia Han for 6abc. El Fuego owner Pete Ellis recalled things being very weird and lonely amid the onset of the pandemic. He…
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WSJ: Private-Equity Firm, Developer to Convert Wanamaker Building Into a Residential Complex
Dune Real Estate Partners, a private-equity firm, and developer TF Cornerstone have teamed up to convert Philadelphia’s Wanamaker Building into a residential complex, writes Peter Grant for The Wall Street Journal. The partnership is part of a country-wide trend of converting office spaces into residential buildings, as office vacancy rates continue to increase and property…
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All-Day Concert Series This Saturday Marks End of Wanamaker Organ’s Macy’s Era
This Saturday, March 22, a series of hourly recitals by a lineup of organists will mark the end of the Macy’s era for the Wanamaker Grand Court Organ, writes Peter Dobrin for The Philadelphia Inquirer. The retailer will close its store in Center City after almost two decades at the end of the business day…
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Artist Cecily Brown’s New Exhibition at Barnes Foundation Offers Profound Exploration of Her Career
The new exhibition at the Barnes Foundation, Cecily Brown: Themes and Variations, offers a profound exploration of the painter’s career, writes Robert Sullivan for Vogue. A few days before her exhibit, Brown reminisced about her own gallery visits, filled with a sense of wonder. “It’s this absolutely extraordinary experience, where you’ve just got all these…
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Open Streets Set to Return to Rittenhouse Row for Third Time, Starting April 6
Center City District will be presenting its third edition of Open Streets starting April 6, writes Sandy Smith for Philadelphia Magazine. The initiative is a pedestrian takeover of Rittenhouse Row, where walkers can enjoy the freedom of the city. To do so, the area will go car-free from Broad to 19th streets and along 18th…
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Market Street Bridge to Begin Long-Term Rehabilitation Project on March 17
With the Market Street Bridge now 93 years old, there is serious work that needs to be done on it and starting very soon, that’s exactly what is going to happen, writes Mike DeNardo for KYW Newsradio. Beginning on Monday, March 17, PennDOT will embark on a $149 million long-term project to rehabilitate the bridge.…
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African American Museum in Philadelphia Announces Two New Exhibitions Coming to the Museum in March
The African American Museum in Philadelphia (AAMP) will debut two new exhibitions on Saturday, March 22, 2025. On view in Gallery 3 is the traveling exhibition, “Demond Melancon: As Any Means Are Necessary,” organized by the Halsey Institute of Contemporary Art at the College of Charleston in South Carolina. Based in the Lower Ninth Ward…
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Four Seasons Hotel Philadelphia Remodeling Meeting and Event Space to Accommodate Larger Parties
The Four Seasons Hotel Philadelphia is renovating its meeting and event spaces, increasing its capacity by 60 percent, writes Emma Dooling for the Philadelphia Business Journal. This is the first major remodeling project for the 219-room hotel at Comcast Center since it opened six years ago. As part of the overhaul, the hotel will combine…
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