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What to Know About the 2026 Mummers Parade
As we approach a new year, the Mummers Parade is right around the corner. Since 1901, the Mummers Parade has been a Philadelphia staple in welcoming in the new year. 2026 will be no different. Here is all you need to know about the 2026 Mummers Parade. When Is the Mummers Parade? The Mummers Parade…
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Book Excerpt: A Brief History of the Mummers Parade: A Philadelphia Tradition Since 1901
The following is an excerpt from Greater Philadelphia and the World (Vol.3), the third of a three-volume book series. The Greater Philadelphia: A New History for the Twenty-First Century book series, edited by Carolyn T. Adams, Howard Gillette Jr., Andrew Heath, Charlene Mires, and Jean R. Soderlund, celebrates the role Philadelphia has as the nation’s…
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Why Broad Street Is Such a Big Part of the Mummers Parade’s Identity
The Mummers Parade, which has been an annual New Year’s Day staple in Philadelphia since 1901, has a rich history. From the very beginning, the parade has had ties to Broad Street. But how did that connection begin, and how has it remained so strong more than 100 years later? H. Bart McHugh, a newspaper…
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St. John’s Baptist Church, Closed Since August 2024, to Be Transformed Into Apartments
St. John’s Baptist Church has been sold for $1 million and will be transformed into 26 apartments, writes Jake Blumgart for The Philadelphia Inquirer. The conversion will occur as part of a Philadelphia City Council law passed in 2019, which preserves large, neighborhood-scale historic buildings like churches. The historic South Philadelphia church dates back to…
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University of Pennsylvania Launches New $10 Million Startup Fund to Support School’s Researchers
The University of Pennsylvania recently launched a new $10 million fund to help support startups founded by researchers at the school, writes John George for the Philadelphia Business Journal. The new StartUP Fund will join a number of other startup initiatives that Penn has already established over the years. It will be managed by the…
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Philadelphia Stands Out as Lone Major City in Top 20 Most Popular Housing Markets of 2025
Philadelphia made Zillow’s list of the most popular real estate markets of 2025 and was the only large city included among the predominantly midsize markets, writes Michaelle Bond for The Philadelphia Inquirer. The majority of locations on the list fall within a population range of roughly 100,000 to 300,000 residents, making No. 19 Philadelphia a…
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Local Developer Plans Mixed-Use Project After Prime Fishtown Site Acquisition
Philadelphia-based development company Eclipse Development recently acquired a prime Fishtown development site and is planning a four-story mixed-use building there, writes Paul Schwedelson for the Philadelphia Business Journal. Eclipse paid $2.65 million for the vacant Frankford Avenue site, acquiring it from the nonprofit, Lutheran Settlement House. Plans are calling for 20 apartments and 7,000 square…
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Levittown Native Turns Childhood Memories Into Original Christmas Musical
Levittown native Righteous Jolly has transformed his season surname and turned it into a bonafide original musical theater production, writes Jo Ciavaglia for Bucks County Courier Times. Called “A Levittown Christmas Carol,” the musical is about feel-good nostalgia associated with the 41 Levittown neighborhoods. Some of the references include Egan school dances, swimming at the…
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How Did Philadelphia Beat Out 40 Other Locations for DrinkPak’s Newest Manufacturing Facility?
Philadelphia is the city that canned beverage company DrinkPak chose to build its new coast-to-coast manufacturing network, writes Paul Schwedelson for the Philadelphia Business Journal. In doing so, Philadelphia — specifically the Bellwether District in South Philadelphia — beat out more than 40 other markets and locations across the United States. As a result, Chicago-based…
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Gene and Marlene Epstein: Opening Doors for Generations Through Education, Compassion, and Action
When philanthropists Gene and Marlene Epstein talk about giving, they do not start with the size of a gift or the recognition attached to it. They start with the question that Gene’s grandmother always asked and has guided decades of their generosity: “When you have enough to pay your bills and put food on the…
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Philly-Based Behavioral Health Practice Management Platform Raises $35M in Venture Capital Funding
Philadelphia-based behavioral health practice management platform Ritten has raised $35 million in venture capital funding to expand its business, writes John George for the Philadelphia Business Journal. The funding was led by Kansas City, Missouri-based venture capital firm Five Elms Capital. Meanwhile, existing investors 8VC, Bienville Capital, and Threshold Ventures also participated in the round.…
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Philadelphia’s Largest and Oldest Investment Bank to Shift Focus to Wealth Management, Stock Broking
Janney Montgomery Scott LLC, the largest and oldest investment bank in Philadelphia, will soon exit this realm in favor of focusing exclusively on its wealth advisory business, writes Joseph DiStefano for The Philadelphia Inquirer. The decision to maneuver against its nearly 200-year history as an investment bank and place its emphasis on stock broking comes…
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How Larry Platt’s Acquisition of Philadelphia Magazine Came To Be
The Philadelphia Citizen’s acquisition of Philadelphia Magazine in October was the culmination of more than a year of talks and negotiations, and it took a number of key business leaders to make it happen, writes Jeff Blumenthal for the Philadelphia Business Journal. In the summer of 2024, Larry Platt received a message from Larry Ceisler,…
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New Report Details Who Has Been Moving Into Center City’s New Apartment Buildings
Center City has seen a major influx of new apartments in recent years and a new report breaks down the demographics of the individuals who have been moving into them, writes Molly McVety for PhillyVoice. A recent survey published by the Center City District shows that Philadelphia has been attracting many new residents from other…
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Brown Real Estate Buys Shoppes at Wissinoming in Northeast Philadelphia for $30.8 Million
A Brown Real Estate affiliate recently paid $30.8 million for the Shoppes at Wissinoming, a Northeast Philadelphia shopping center with a ShopRite supermarket, writes Paul Schwedelson for the Philadelphia Business Journal. The grocery store is one of 12 in Greater Philadelphia that are operated by the family-owned Brown’s Super Stores. This latest purchase gives the…
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Airbnb Reveals Philadelphia Projections for Visitors, Regional Economic Impact for FIFA World Cup 2026
Airbnb is projecting that around 17,000 visitors will book its rentals during the FIFA World Cup 2026, creating what it estimates to be $167 million in regional economic impact, write Alex Barreira and Emma Dooling for the Philadelphia Business Journal. These visits are expected to generate 126,000 room nights throughout Greater Philadelphia during the six…
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Apartments, Swimming Pool, and Redeveloped Retail Space Planned for Historic Wanamaker Building
TF Cornerstone, the owner of the Wanamaker building, is seeking to transform the historic property into residential space while redesigning the first three floors that previously housed Macy’s to accommodate multiple retail tenants, writes Paul Schwedelson for the Philadelphia Business Journal. The plans for the 114-year-old building, which spans an entire block just east of…
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Bellwether District Announces West Coast-Based Canned Beverage Company As First Tenant
The Bellwether District is set to host the first Northeastern United States factory of West Coast-based canned beverage company DrinkPAK, writes Jake Blumgart for The Philadelphia Inquirer. The 1,300-acre Bellwether District occupies the former site of the South Philadelphia oil refinery. The HRP Group has remediated the property into a warehouse, manufacturing, and life sciences…
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