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Governor Shapiro Named 2025 “Champion for Aging” at the Annual Connected Health & Safety Conference
The Connected Health and Safety Association (CHS) has concluded its 2025 national conference in Philadelphia, bringing together national leaders in personal emergency response, remote patient monitoring, and home care innovation. The two-day event featured presentations centered around the industry’s innovation, policy leadership, and the shared commitment to advancing independence and safety for aging adults and…
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Comcast’s Chief Product Officer Aims to Simplify TV Viewing Experience, Here’s How
Comcast Chief Product Officer Fraser Stirling acknowledged that the TV viewing experience has become increasingly complicated and is working to simplify it again, writes Ryan Mulligan for the Philadelphia Business Journal. Customers have never faced such an array of streaming services, numerous ways to watch sports, and ever-growing content libraries. Stirling plans to simplify this…
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New Hope Home of American Renowned Woodworker and Designer Requires Urgent Preservation Work
The New Hope home of renowned American woodworker and designer George Nakashima needs urgent preservation work to survive, according to its caretakers, writes JD Mullane for USA TODAY. The Nakashima Foundation for Peace launched an initiative to preserve and restore the three-acre homestead on Aquetong Road, where the woodworker created furniture admired for its simplicity.…
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Wharton School Receives Largest Gift in History, Will Establish First New Degree Program in 50 Years
The Wharton School of the University of Pennsylvania has received a $60 million gift from alumnus Bruce I. Jacobs, writes Ryan Mulligan for the Philadelphia Business Journal. This marks the largest donation the Wharton School has ever been gifted in its 144-year history. With it, the school plans to establish the new Master of Science…
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Philadelphia Developer Odin Properties to Build New 51-Unit Affordable Housing Project in Kensington
Odin Properties, a Philadelphia-based developer, will soon begin construction on a new 51-unit affordable housing development in Kensington, writes Paul Schwedelson for the Philadelphia Business Journal. Sepviva Lofts is expected to be complete by the end of 2026. The goal is to deliver affordable housing units to individuals and families earning between 20 and 50…
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Philadelphia Ranked Most Popular City in Northeast for Apartment Renter Interest
Philadelphia topped the list of cities in the Northeast for interest from apartment renters during the first half of the year, write Joanne Drilling and Ryan Mulligan for the Philadelphia Business Journal. RentcCafe’s mid-year renter engagement report reviews current and historic apartment search volume on its platform, as well as changes in overall apartment availability.…
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Philadelphia Poverty Rate Drops Below 20 Percent for First Time Since 1979
Philadelphia is no longer the poorest big city in the United States, as the city’s poverty rate has dropped below 20 percent for the first time since at least 1979. However, that is not all cause for celebration, write Nate File and John Duchneskie for The Philadelphia Inquirer. According to new U.S. Census Bureau data,…
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New Visit Philadelphia Campaign Aims to Attract Visitors, Residents for America’s 250th Anniversary
Visit Philadelphia has launched a new $9 million national campaign to attract visitors and residents ahead of America’s 250th anniversary next year. “Whether it’s your first visit to Philadelphia or your fiftieth, 2026 is the year to experience our city,” Angela Val, president and CEO of Visit Philadelphia, said in a press release. “We’re inviting…
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Penn Medicine Opens New $376 Million Research Center in Philadelphia
Penn Medicine officially recently opened a new research center, a $376 million project that has added eight floors to a seven-story office building housing the Hospital of the University of Pennsylvania, writes John George for the Philadelphia Business Journal. The new levels at 3600 Civic Center Boulevard house teams from the Colton Center for Autoimmunity…
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Philadelphia’s Wealthiest ZIP Codes Continue to Be Concentrated Around Center City
The greatest wealth in the Philadelphia region still remains concentrated around Center City, as affluent urban ZIP codes dominate the list of the area’s wealthiest ZIP codes, writes Todd Romero for the Philadelphia Business Journal. The latest ranking of the wealthiest ZIP codes is based on several factors, including per-capita income, home values, equity, savings,…
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SEPTA Requests Up to $394M Bailout to Address Funding Gap That Caused Drastic Service Cuts
SEPTA has requested a bailout of up to $394 million last week to address a funding gap that resulted in drastic service cuts, writes Sri Taylor for Bloomberg. SEPTA officials asked the Pennsylvania Department of Transportation to authorize the one-time use of its state capital assistance funds to cover a $213 million budget deficit. This…
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Philadelphia’s First of Its Kind Pilot Program, Which Gives Cash to Struggling Renters, Proves Effective
The PHLHousing+ program, a first of its kind in the nation, which gives no-strings-attached cash to struggling renters, is proving to be effective, writes Michaelle Bond for The Philadelphia Inquirer. The program was launched in the fall of 2022. Since then, Philadelphia has been giving cash to 301 households randomly selected from wait lists for…
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Two Philadelphia-Based Media Companies Merge, Forming New Digital Media Organization
Philadelphia-based digital media startup Broad & Liberty recently acquired local publication Access Network, writes Jeff Blumenthal for the Philadelphia Business Journal. The acquisition has led to the formation of a combined company called Fideri News Network. It will start out with about $6 million in projected revenue with 19 websites and a radio station based…
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Philadelphia Unveils New Neighborhood-Focused Initiative Ahead of America’s 250th Anniversary
As the nation prepares to celebrate its 250th anniversary next year, Philadelphia has announced a new city-wide initiative to ensure every neighborhood in the city gets it’s moment in the spotlight. During a press conference on Wednesday, September 3, Mayor Cherelle Parker announced a new initiative, Ring It On! One Philly, A United Celebration initiative.…
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Dallas-Based Development Firm Acquires Northeast Philadelphia Property, Plans New $25M Warehouse Project
Crow Holdings Development has acquired a property in Northeast Philadelphia, where it is planning to build a new 103,500-square-foot warehouse at the site, writes Paul Schwedelson for the Philadelphia Business Journal. The Dallas-based development firm paid $7 million to James D. Morrissey Inc., a general contracting firm, for the 10-acre property. The project to build…
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Bucks County Community College Launches International Transfer Partnership with Wrexham University in Wales
Bucks County Community College officials have announced a groundbreaking international partnership — the College’s first — with Wrexham University in Wales, UK, offering Bucks students a seamless and affordable path to earning a globally recognized bachelor’s degree in as little as one year abroad. This unique program allows students to explore the world, immerse themselves…
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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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285-Unit Development Project on Washington Avenue Finally Gets Greenlit
After over a year-and-a-half of public deliberations, the Philadelphia Zoning Board has approved a project that would bring 285 new units to Washington Avenue, writes Ryan Mulligan for the Philadelphia Business Journal. The new project will be located at 1601 Washington Avenue at a corridor that is largely zoned for industrial use. However, the area…
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