Center City
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Pat Burrell’s Former Center City Penthouse Sells For Well-Under Original Asking Price, Two Years Later
The Center City penthouse that former Philadelphia Phillies star Pat Burrell previously owned has been sold to a local Philadelphia couple for $2.65 million. It sold for about 38 percent less than the original asking price of nearly $4.3 million, writes Ryan Mulligan for the Philadelphia Business Journal. The recent sale brings an end to…
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Philadelphia’s Masonic Temple Houses Many Unusual Treasures, Including Mold of Former U.S. President’s Face
The mysterious Masonic Temple in Philadelphia houses many unusual treasures, including a replica of Abraham Lincoln’s 1860 plaster life mask, writes Kristin Hunt for PhillyVoice. Home to the Freemasons, members of a centuries-old fraternal organization renowned for its secret rituals and symbols, the building houses approximately 40,000 items, including art, prints, and ceremonial garments. The…
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Comcast Promotes Mike Cavanagh to Co-CEO With Brian Roberts
For the first time since becoming CEO of Comcast in 2002, Brian Roberts will be sharing his executive leadership role, writes Ryan Mulligan for the Philadelphia Business Journal. The tech and media conglomerate has announced that Mike Cavanagh will be promoted as Comcast’s new co-CEO starting in January 2026. Cavanagh currently serves as president of…
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New Mural in Center City Promotes Ideals of American Liberty Ahead of 250th Birthday
A new mural has popped up on the side of a Center City office building that promotes the ideals of American liberty just months before the 250th birthday of the nation, writes Peter Crimmins for WHYY. The new mural, titled “Uplift Justice,” was created by street artist Shepard Fairey and replaces the 112-foot “Declaration of…
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Stateside Vodka Chooses Center City to Relocate Corporate Headquarters
Stateside Vodka, the maker of Surfside canned cocktails, has chosen to relocate its corporate headquarters to Center City, writes Paul Schwedelson for the Philadelphia Business Journal. Stateside Vodka has signed a new 11-year lease at 1100 Ludlow Street, where it will be taking up 34,200 square feet of the building across the fifth and sixth…
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Center City Shoe Store Owner Finds Creative, Positive Way to Respond to Recent Act of Vandalism
Steve Jamison is living a childhood dream as the owner of his own store, Blue Sole Shoes on Chestnut Street in Center City, writes Matteo Iadonisi for 6abc. Since opening his storefront in 2007, Jamison has had to overcome a number of challenges, including The Great Recession in 2008 and vandalism during the social unrest…
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Calder Gardens, Philadelphia’s Newest and Most Unique Museum, Has Finally Arrived
Calder Gardens has finally opened to the public after several years of planning and construction. The $90 million project is now the newest attraction to the Ben Franklin Parkway’s arts, culture, and tourism scene, writes Peter Dobrin for The Philadelphia Inquirer. Calder Gardens is named after Philadelphia artist Alexander Calder. The new museum features a…
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Audacy to Sublease Nearly Half Of Its Philadelphia Headquarters in Center City
Audacy and a listing from real estate brokerage firm Binswanger, has confirmed that it is subletting up to 48 percent of its headquarters, writes Jeff Blumenthal for the Philadelphia Business Journal. The percentage equates to up to 32,400 square feet of Audacy’s fourth floor space. Its lease on the space is set to expire on…
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Insurance Giant to Join Center City Skyline With New 18-Story Philadelphia Headquarters
Chubb, the insurance giant, is set to be the newest member of Philadelphia’s skyline in Center City, writes Ryan Sharrow for the Philadelphia Business Journal. Parkway Corp. is developing a new 18-story, 438,000-square-foot headquarters for Chubb, which is expected to be completed in the second quarter of 2026. The insurance giant is expected to have…
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Family-Run Bassetts Ice Cream Has Been Serving Its Signature Scoops Since 1861
Still operating at its historic Reading Terminal Market counter, family-run Bassetts Ice Cream has been serving its signature scoops since 1861, making it the oldest ice cream company in the nation, writes Christie Ileto for 6abc. The company is currently in its sixth generation and credits its long-standing success to cherished family recipes and the…
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Comcast Fights Back to Keep Internet Customers with New Guarantees and Perks
Philadelphia-based Comcast has been exploring ways to reverse its internet customer exodus, which includes price guarantees and a free mobile line, writes Lizzy McLellan Ravitch for The Philadelphia Inquirer. For years, Comcast has been losing more cable customers than it has been adding, and more recently, it has also started losing broadband internet customers. The…
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WSJ: Comcast Expands and Reaches New Agreements With Amazon to Share Streaming Content Across Platforms
Philadelphia-based Comcast has reached new or expanded existing distribution agreements with Amazon to make their streaming content available on each other’s platforms, writes Dean Seal for The Wall Street Journal. Comcast customers will have Prime Video content available on NBCUniversal’s Xfinity X1 devices, while Amazon users will have access to NBCUniversal’s Peacock streaming app subscriptions…
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Reading Terminal Market Vendor Seeks Expansion Outside the Iconic Food Venue
Sweet Nina’s founder and owner Nina Bryan is looking to expand her pudding shop beyond her location inside the iconic Reading Terminal Market, writes Abigail Chachoute for the Philadelphia Business Journal. Sweet Nina’s started operations in 2018 before becoming a permanent vendor in 2022. With goals to hit $1 million in revenue by the end…
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Center City Startup Connects First-Time Investors With Advisors, Making Financial Advice More Accessible
Founded by Mical Jeanlys-White, Center City tech startup WealthMore connects first-time investors with advisors to make financial advice more accessible, writes Joshua Sidorowicz for CBS News Philadelphia. “The vast majority of wealthy people have access to a wealth advisor, and that access means they grow two to three times more wealth,” said Jeanlys-White. “WealthMore is…
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Check Out the Pop-Up Offering Delicious Plant-Based Alternatives at 30th Street Station
With much of the 30th Street Station food court under renovation, BTW, It’s Vegan has stepped in to serve plant-based alternatives for hungry travelers, writes Julia Binswanger for Billy Penn at WHYY. The independent pop-up has been serving vegan versions of popular indulgent bites, along with some gluten-free options, since June. “Everyone’s coming in,” said…
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Fashion District Owner Macerich Partners with CBRE to Fill Vacant Storefronts at Mall
California-based Macerich has partnered with real estate services firm CBRE to fill vacant storefronts at the Fashion District, writes Jake Blumgart for The Philadelphia Inquirer. There has been plenty of uncertainty regarding the future of the Fashion District after debuting just months before the pandemic, which drastically reduced foot traffic. The property’s then-owner, Philadelphia-based PREIT,…
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Developer Behind Bok Building Redevelopment Launches New School Project With Frankie’s Summer Club
Scout, the design and development firm known for transforming the Bok Building a decade ago, is reimagining another school property beginning with the debut of Frankie’s Summer Club, writes Jenn Ladd for The Philadelphia Inquirer. The developer is once again starting redevelopment with a beer garden, replicating the strategy that worked on its first project.…
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Comcast and 76ers Team Up to Purchase Market East Buildings, Eyes Revitalizing Struggling Corridor
Comcast and the Philadelphia 76ers are no strangers to working together, and their latest partnership is part of an effort to revitalize the struggling Market East corridor in Center City, writes Aaron Moselle for WHYY. The two entities recently got together to acquire the 920-938 Market Street and 1000-1024 Market Street properties, respectively. According to…
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