-
Despite SEPTA’s Budget Woes and Likely Service Cuts, Northeast Philadelphia Subway Push Returns
Even as SEPTA faces a deepening budget strain and the threat of major service cuts starting next month, the push to extend the subway into Northeast Philadelphia is gaining traction, writes Michael Tanenbaum for PhillyVoice. The idea was last considered in the early 2000s before interest faded. Now, the city and PennDOT are exploring potential…
-
Norwegian Cruise Line Announces Extended Philadelphia Stay for Norwegian Pearl
Norwegian Cruise Line, which made its Philadelphia return in 2024, has announced that it is extending the Norwegian Pearl’s stay in the city, writes Emma Dooling for the Philadelphia Business Journal. The cruise line will be lengthening the Norwegian Pearl’s Philadelphia stay through October 2027, which offers a glimmer of hope behind the city’s prospects…
-
Philadelphia Ranks Among the Most Expensive U.S. Cities for Commercial Construction
With the cost of construction expected to continue its rise, there is a widening gap between the most expensive construction markets in the United States and the rest of the country, writes Matt Wasielewski for BisNow. A dive into which U.S. cities are the most expensive for new construction found that Philadelphia ranks fifth at…
-
FS Investments to Relocate Headquarters, Changes Name As Part of Rebrand
FS Investments has undergone significant growth in recent years, and that growth is leading to a company relocation and subsequent rebrand, writes Jeff Blumenthal for the Philadelphia Business Journal. The company is scheduled to officially relocate from the Philadelphia Navy Yard to a larger space at the Schuylkill Yards in University City. In addition, FS…
-
Self-Care Is Healthcare: How Shared Wellness Will Support Our Community
This fall, the Shared Wellness Center will open its doors in Warrington, offering our community a welcoming space dedicated to nurturing both physical and emotional well-being. More than ever, we recognize that wellness isn’t just about treating illness—it’s about cultivating everyday habits that protect and enhance our quality of life. One of the most pressing health concerns…
-
Comcast Increases Peacock’s Monthly Rates, Its Biggest Since Launch
Comcast recently announced it is raising the price of Peacock to subscribers, effective July 23, writes Lucas Shaw for Bloomberg. As of July 23, Peacock will be raising its price by $3 a month for new customers, representing a nearly 38 percent increase. New subscribers who have the version with advertisements will see their monthly…
-
Ultra-Luxury Apartments On Rise in Philadelphia
A spike in local millionaires choosing to rent their homes rather than buy has led to the creation of an influx of new luxury apartment buildings in Philadelphia designed specifically for high-net-worth individuals, writes Ryan Mulligan for the Philadelphia Business Journal. In 2019, there were 22 millionaires renting homes in Philadelphia. By 2023, that number…
-
Top Paying Computer and Engineering Roles in Philadelphia
Philadelphia has grown into a true tech hub, offering many jobs across the industry, according to a recently released report by Stacker. While the advent of AI is making the future of the sector bright yet unpredictable, those seeking employment are able to focus on one key factor in their consideration: pay. To determine the…
-
Northeast Philadelphia’s PCI Pharma Services Receives Massive Investment, Now Valued At $10B
PCI Pharma Services, the Northeast Philadelphia-based contract development and manufacturing company has received a multibillion-dollar investment that now values the company at $10 billion, writes Ryan Sharrow for the Philadelphia Business Journal. The new investment was co-led by two private equity firms: Bain Capital and Kohlberg. The latter has previously invested in PCI Pharma, while…
-
PhilaPort Seeks Buying 152 Acres from Norfolk Southern for $90M, Opens Door to Future Job Growth
The Philadelphia Regional Port Authority, which owns Philadelphia’s seaport facilities, is moving toward a $90 million purchase of 152 acres from Norfolk Southern, a transaction that could create thousands of jobs, writes Andrew Seidman for The Philadelphia Inquirer. The board of the state agency, which calls itself PhilaPort, earlier this week authorized its staff to…
-
This Center City West Cocktail Bar Offers a Popular Drink With Unique Garnish
Long gone are the days when bartenders would only opt to use lemon or olives as garnishes for their cocktails. Travel to many of the bars throughout America’s major cities, you’re bound to find some unique twists, and that includes in Philadelphia, writes Leila Najafi for USA Today. At Andra Hem, a chic Scandinavian-inspired cocktail…
-
Parkway Corp. Purchases Two Parking Lots Near Rittenhouse Square in $4M Deal
Philadelphia developer Parkway Corporation recently acquired two parking lots on Chestnut Street near Rittenhouse Square for $4 million, writes Paul Schwedelson for the Philadelphia Business Journal. The two parking lots total about 12,000 square feet. While Parkway Corp. doesn’t have any immediate plans for development on the sites, CEO Rob Zuritsky said the firm plans…
-
Philadelphia Phillies Team Up With Aviator Nation for Vintage Apparel Line
The Philadelphia Phillies have partnered with California lifestyle brand Aviator Nation on a cobranded collection of retro-style apparel that is set to launch later this month, writes John George for the Philadelphia Business Journal. Hoodies, sweatpants, and T-shirts from the limited-edition Aviator Nation x Philadelphia Phillies collection will debut July 21 and 22 at an…
-
PMC Property Group Closes In On Acquiring Ten Penn Center, Plans Conversion
PMC Property Group, the largest apartment owner in Philadelphia, has closed in on acquiring Ten Penn Center, write Ryan Mulligan and Paul Schwedelson for the Philadelphia Business Journal. The potential acquisition comes more than six months after the 27-story office building was placed on the market. At the time, the building was 60 percent occupied.…
-
Pearl Properties Acquires Two Rittenhouse Retail Buildings for $10.75M, Plans Additional Purchases
Pearl Properties has acquired two Walnut Street buildings for a total of $10.75 million, writes Paul Schwedelson for the Philadelphia Business Journal. The acquisition strengthens the prominent Philadelphia developer’s position in Rittenhouse Square. Pearl purchased the two-story building at 1636 Walnut Street, home to a Chase Bank branch, from Toronto-based Castlepoint Numa for $6.4 million.…
-
Gather Place Museum Featured By Pennsylvania Cable Network, As America250PA Programming Launches
Gather Place Museum, headquartered at the Historic African Methodist Episcopal (AME) Church of Yardley, recently welcomed Phil Beckman, Director of Pennsylvania Cable Network (PCN.TV), for an in-depth on-site interview and filming session. This segment will be featured on PCN’s African-American Experience series and is scheduled to air mid-August 2025. During the interview, Shirley Lee Corsey,…
-
Robotaxi Company Waymo Set to Begin Test Run in Philadelphia
Waymo, the robotaxi company, will soon start hitting the streets in several new cities throughout the country as part of a test run with Philadelphia being one of them, writes Erin McCarthy for The Philadelphia Inquirer. While the autonomous cars will soon be seen downtown and on highways throughout the city, they will not yet…
-
Jefferson Health Tackles Philly’s Health Disparities By Putting the Community At the Forefront
Jefferson Health is committed to improving health outcomes in Philadelphia’s most underserved communities, writes Kayla Yup for The Philadelphia Inquirer. That commitment is supplemented by building trust and helping community members be part of the solution. In April 2023, Jefferson Health launched the Community Health Worker Academy. The 13-month training program teaches community members the…
Founding Partners
Advertisement
Affiliate Partners
