Philadelphia Business Journal
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Temple University Aims to Name Its Next President This Coming Spring
Temple University aims to have its next president in place for the start of the 2024-25 academic year, writes Ryan Mulligan for the Philadelphia Business…
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Work on Roughly $430M I-95 Cap Project Starts Officially with Ceremonial Groundbreaking
Work on the roughly $430 million I-95 cap project officially began on Wednesday with a ceremonial groundbreaking after eight years in preparation, writes Paul Schwedelson…
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Following Super Bowl Season, Philadelphia Eagles’ Franchise Value Soars to $5.8B
The value of the Philadelphia Eagles franchise went up by 18 percent to $5.8 billion in the last year, according to Forbes’ new NFL team…
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Philadelphia’s Hersha Hospitality Trust Goes Private in $1.4 Billion Deal with KSL Capital Partners
Center City-based Hersha Hospitality Trust is being taken private by Denver-based KSL Capital Partners in an all-cash transaction valued at $1.4 billion, writes Emma Dooling…
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La Salle University Sells Residence Halls for Affordable Senior Living and Student Housing
La Salle University sold two undergraduate residence halls on its Olney campus to a private investor who plans to use the two properties for affordable…
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After Pushback, Developer Presents Scaled-Back Germantown Apartment Project
Following pushback from nearby residents, Huntingdon Valley-based Olympia Holdings is scaling back its plans for an apartment project in Germantown, writes Ryan Mulligan for the…
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Urban Outfitters Plans to Focus on Anthropologie, Free People As Its namesake Brand Struggles
Philadelphia Navy Yard-based Urban Outfitters is planning to focus on the growth of its Anthropologie and Free People segments in the next several years and…
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Philadelphia’s Director of Planning and Development Steps Down After Eight Years
Anne Fadullon is resigning from her position of Philadelphia’s director of planning and development, effective Wednesday, seven and a half years after starting the department…
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The Philadelphia Region’s Housing Market Could Soon Be in High Demand
If you are hoping to see housing prices drop in the Philadelphia region, you might be in for quite a wait, according to Berkshire Hathaway…
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Bob Marino Departing Citizens Financial Services to Join Trusted Land Transfer as Executive Chairman
Longtime banker Bob Marino has resigned as a Citizens Financial Services board member and chief revenue officer to focus on his role as chairman of…
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New Sale Pitches Aim to Sell Philadelphia’s Most Expensive Penthouses
New sales pitches are underway to try and attract the small pool of buyers who are able to afford Philadelphia’s most expensive penthouses that are…
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David Hardy Ushers in New Era as Girard College’s Interim President
To create stability after going through several leaders in the last few years, Girard College has tapped industry veteran David Hardy for the position of…
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Northern Liberties Awaits Fall Launch of Future Days Beer by Homebrewing Duo
Two longtime homebrewers have a great future ahead of them, as they are set to open a new brewery this Fall in Northern Liberties, writes…
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Mount Airy Skincare Company Aims to Land Big-Box Retailer Deal
SCB Naturals, a Mount Airy skincare company, is hoping to land its product on the shelves of a big-box retailer in 2024 and grow its…
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Popular Italian Food Emporium Coming to King of Prussia Mall in 2025
The owners of the Italian food and dining emporium Eataly have just signed a multiyear lease to open at the King of Prussia Mall in…
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Growing Philadelphia Granola Brand Looking to Catapult to Next Level
Philadelphia-based OT Foods, a granola brand that grew 55 percent last year, is hoping to take things to the next level with a possible major…
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University of Pennsylvania Plans to Build 10-story Parking Garage at Pennovation Works
In preparation for a major development at Pennovation Works, the University of Pennsylvania is about to start construction on a 10-story parking garage with 858…
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New $400 Million Training Program Will Prepare Pennsylvania Workers for Infrastructure Jobs
Governor Josh Shapiro signed an executive order earlier this week that created a $400 million training program that will prepare up to 10,000 Pennsylvania workers…
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