Philadelphia Business Journal
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Formerly Farmland, New Mixed-Use Community Planned for New Garden Township
Stonewall Capital, a Baltimore-area developer, is planning a massive mixed-use project on former farmland in New Garden Township, writes Melody Simmons for the Philadelphia Business Journal. …
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Royal Oak Realty Trust Picks Up $29M Industrial Site in Upper Providence
Royal Oak Realty Trust recently purchased a two-building complex in Upper Providence Township for $29.25 million, writes Ryan Mulligan for The Philadelphia Business Journal. The…
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Century Therapeutics Expands Pipeline with Type 1 Diabetes Drug Candidate
Philadelphia-based Century Therapeutics is broadening its drug development pipeline with a new candidate aimed at treating Type 1 diabetes, an autoimmune disease that affects 2…
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Plymouth Meeting DoubleTree Suites by Hilton Closed Last Week
The DoubleTree Suites by Hilton Hotel Philadelphia West, owned by Kingsbury Hospitality REIT, permanently closed its doors in Plymouth Meeting last week, writes Emma Dooling…
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Industrial Project in the Works for Ridley Property at I-95, 476
An 81,000-square-foot industrial building is planned in Ridley Township at 130 S. Fairview Road, at the intersection of I-95 and I-476, writes Paul Schwedelson for…
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Michael Schulson to Expand Philadelphia Restaurant Group with Three New Locations
Restaurateur Michael Schulson plans to open three new locations next year, which will add to his thirteen existing Philadelphia restaurants, writes Emma Dooling for the…
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Sales Jump for Lansdowne’s Forte3D After $250,000 ‘Shark Tank’ Deal
Lansdowne-based Forte3D $250,000 deal on “Shark Tank” is already translating into a noticeable uptick in sales one week after founder and CEO Alfred Goodrich appeared…
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Sonesta Select Philadelphia Airport Hotel Sold to Charlotte-Based Hospitality Company in $16M Deal
Charlotte-based hospitality company Laxmi Hotels Group has acquired Sonesta Select Philadelphia Airport hotel, writes Emma Dooling for the Philadelphia Business Journal. Its $16 million sale…
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$100M Redevelopment Aims to Turn Plymouth Meeting Mall Into Montco’s Next Town Center
A major transformation is on the horizon for the Plymouth Meeting Mall, writes Paul Schwedelson for The Philadelphia Business Journal. Philadelphia-based LA Partners, formerly known…
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Eagles and Jason Kelce Introduce Limited-Edition Clothing Line
The Philadelphia Eagles are partnering with one of their own, retired Eagles center Jason Kelce, and his Underdog Apparel brand to launch a limited-edition clothing…
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Legend Biotech Opens New Philadelphia Research & Development Center, Plans For 50-Plus Staff
Legend Biotech opened a new Philadelphia research and development center last week, with space for over 50 employees in the facility, writes John George for…
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Philadelphia Macaroni Co. Building in Bella Vista to Be Converted to Residential Project
Plans are underway to convert the Philadelphia Macaroni Co. building in Bella Vista into residential space with 47 apartments, writes Paul Schwedelson for the Philadelphia…
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Greystone Hall in West Chester Sold for $6.5 Million
New York-based Mirbeau Hospitality Services has purchased the 44-acre Greystone Hall in West Chester for $6.5 million, and intends to transform it into a luxury…
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Philadelphia-Based Gopuff Raises $250M to Go Towards AI Investment, Expansion Plans
Philadelphia-based Gopuff recently raised $250 million, signifying the company’s strongest financial position in its nearly 13-year history, writes Ryan Mulligan for the Philadelphia Business Journal.…
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Main Line Neighborhood Ranks Among 50 Hottest Luxury Housing Markets in America
Villanova ranked among the 50 hottest luxury housing markets in America for the third quarter, writes Ryan Mulligan for the Philadelphia Business Journal. Villanova landed…
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Wilmington Fliers Gain Two New Avelo Airlines Nonstop Destinations
Local travelers are gaining two new options with Avelo Airlines, which will be adding nonstop services from Wilmington to Atlanta and Chicago early next year,…
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Now Under New Ownership, Di Bruno Bros is Eyeing Expansion Throughout Philadelphia
Di Bruno Bros is now under the ownership of Brown’s Super Stores, who wants to maintain the local charm of the South Philadelphia-born specialty grocer,…
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This Delaware County ZIP Code Is in the Nation’s Top 50 Luxury Housing Markets
Affluent homebuyers are snatching up properties in Villanova, making it one of the top luxury housing markets in America, writes Ryan Mulligan for Philadelphia Business…
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