Philadelphia Business Journal
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The Kibitz Room: Jewish Deli on Steroids Coming to King of Prussia
The Kibitz Room from Cherry Hill is expanding to King of Prussia, writes Emma Dooling for the Philadelphia Business Journal. The new space will occupy…
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Philadelphia250 President & CEO Danielle DiLeo Kim to Step Down in January
Danielle DiLeo Kim, the president and CEO of Philadelphia250, will be stepping down from her lead executive role at the start of 2025, writes Emma…
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New Warehouse Set to Break Ground in Souderton
A new 176,000-square-foot warehouse is coming to Souderton from Endurance Real Estate Group and Greystar-Thackeray, writes Paul Schwedelson for the Philadelphia Business Journal. The 14-acre…
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Phillies Legend Mike Schmidt’s Former Media Home Sells for $2.9M
Someone has paid $2.995 million for Phillies legend Mike Schmidt’s former mansion in Media Borough, writes Ryan Mulligan for Philadelphia Business Journal. The sales price,…
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Washington D.C.-Based Hospitality Group Set to Debut Mi Vida in Philadelphia, Eyes Further Expansion
Knead Hospitality + Design is gearing up to open its first Philadelphia restaurant next year, with plans already underway for further expansion in the region,…
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Philadelphia City Council Committee Vote to Approve Sixers’ 76 Place Arena Proposal
Philadelphia City Council committee members have voted in favor of advancing the proposal to build a new Philadelphia 76ers arena in Center City to the…
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University City Student Housing Complex, Carriage House, Sells for $22.5M
The Carriage House, a 165-unit student housing complex in University City, has sold for $22.5 million, about $10 million less than it did four years…
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See Which Philadelphia-Based Company Made Inc.’s 2024 Best in Business List
Inc. has published its 2024 “Best in Business” list and out of the seven Philadelphia-area companies to make the list, one is based in the…
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Toll Brothers Breaks Record with Biggest Year in Company History
Fort Washington-based Toll Brothers capped off its 2024 fiscal year with $10.6 billion in home sales revenue, marking the best year in its history, writes…
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Weitzman National Museum of American Jewish History Slowly Closing in On Joining the Smithsonian
The Weitzman National Museum of American Jewish History is one step closer to becoming a part of the Smithsonian Institution, writes Emma Dooling for the…
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Malvern-Based Vanguard Executive Karin Risi Retires After 27 Years of Service
Karin Risi, head of strategy, product, marketing, and communications at Malvern-based Vanguard Group, will retire at the end of the year after 27 years with…
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PREIT’s New CEO Considered Redeveloping Exton Square Mall Before Deciding to Sell
PREIT considered redeveloping Exton Square Mall before ultimately deciding to sell the property to generate funds for paying down debt, writes Paul Schwedelson for the…
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Wynnewood’s Rosemary Connors Leaves Big Shoes to Fill at NBC10
NBC10 is searching for a replacement for Rosemary Connors, its longtime weekend evening news anchor, reports Jeff Blumenthal for the Philadelphia Business Journal. The Wynnewood…
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What is Philadelphia’s Most Competitive Restaurant Concept? New Report Answers That, and More
Ondeck Capital, a small business lender, has released a new report highlighting the most and least competitive restaurant concepts in the city, writes Joanna Drilling…
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Five Below Charts New Course, Returning to Its Roots Upon Appointing New CEO
Five Below has appointed a new CEO, effective December 16, and with an “organizational refocus” are eyeing the beginnings of a turnaround, writes Ryan Mulligan…
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Plans for Apartment Complex Near City Avenue in Bala Cynwyd Moving Forward
Plans to construct over 400 apartments near City Avenue in Bala Cynwyd have advanced with Houston developer Hanover’s recent $21.3 million purchase of the 8.5-acre…
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2 Bucks County Senior Living Communities Acquired by Welltower for $42.7M
Welltower, an Ohio-based real estate firm focused on the healthcare industry, has acquired two Bucks County senior living communities for a total of $42.7 million,…
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University City Still Among the Hottest Submarkets Nationwide for Tech Office Space
University City is still one of the nation’s hottest submarkets for tech office space, writes Ryan Mulligan for the Philadelphia Business Journal. Office space rents…
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