-
Fast-Growing Coffee Chain Plants First Flag in Montgomery County
7 Brew Coffee prepares to bolster the caffeine scene with its first Montgomery County location in the Collegeville Shopping Center, writes Donna Rovins for The Reporter. The fast-growing drive-thru chain is aiming for a January launch, according to Matt Peters, director of new store openings for Brew Team Group LLC. The new stand marks the…
-
JAG Physical Therapy Opens First Montco Clinic in Willow Grove
Montgomery County residents now have a new destination for high-quality rehabilitation care. JAG Physical Therapy, one of the Northeast’s fastest-growing PT and occupational therapy providers, has officially opened a clinic in Willow Grove. The new facility celebrated its arrival on Welsh Road with a community ribbon-cutting attended by local leaders, including representatives from State Sen.…
-
How a Fort Washington Startup Fixed a Plumber’s 100-Calls-a-Day Problem
A Fort Washington tech start-up is making big waves in the region’s home-service world. Shwego, launched last year by entrepreneurs Sam Puleo and Junny Kim, offers a streamlined scheduling and dispatching app built specifically for small contractors — from plumbers and HVAC crews to electricians and movers serving Philadelphia’s rowhouses and the surrounding suburbs. The…
-
Moody’s Just Upgraded Redeemer Health — Here’s What Changed
Montgomery County’s lone independent health system is getting a vote of confidence from the financial world, writes John George for The Philadelphia Business Journal. Moody’s Ratings has upgraded Redeemer Health’s outlook from negative to stable. It cites improving fiscal performance and stronger operating momentum at the Meadowbrook-based provider, which operates Holy Redeemer Hospital in Abington…
-
FCP Donations Strengthen Local Hunger Relief Efforts
Despite the Pennsylvania budget impasse and federal lockdown being over, the need of food insecure families persists. Foundations Community Partnership’s (FCP) Board of Directors recently presented a $25,000 check to the Bucks County Opportunity Council (BCOC) and a $10,000 check to Doylestown FISH to help both organizations address food insecurity throughout Bucks County, Pa. These…
-
Boston-Based Seyon Group Pays $17.5M for Three King of Prussia Buildings
Boston-based Seyon Group recently acquired three buildings in King of Prussia’s Renaissance Park for $17.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The three properties, totaling roughly 100,000 square feet, were sold by Brian O’Neill’s MLP Ventures and include 3600, 3602, and 3100 Horizon Drive, with the final address being the home of…
-
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 14-acre property at 500 Prosperity Drive sits along the Schuylkill River, directly across from Phoenixville, and remains fully leased to longtime tenant Global Packaging Inc. The site has been a…
-
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 for the Philadelphia Business Journal. The 253-key hotel that was built in 1987 on 7.9 acres, was acquired by its current owner for $22.3 million in April 2022. North Carolina-based…
-
Make-A-Wish Philadelphia Chapter Establishes New Home In Bala Cynwyd
The Philadelphia region’s Make-A-Wish chapter will soon open a new state-of-the-art home in Bala Cynwyd, called the Wishing Place, writes Erin Flynn Jay for the Main Line Today. Created to bring wishes to life, the new space will welcome children and their families into a vibrant, uplifting environment, where colorful and thoughtfully designed elements will…
-
Financial Pressures Force Bryn Mawr’s Lifecycle Wellness to Shut Its Doors
Bryn Mawr nonprofit, Lifecycle Wellness will officially end deliveries in February as financial pressures mount, writes Sarah Gantz for The Philadelphia Inquirer. The center helped roughly 600 patients annually at its Bryn Mawr facility with homelike births outside a hospital setting. The company said that rising operational expenses and soaring malpractice insurance costs have outpaced…
-
$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 as Lubert Adler Real Estate Funds is under contract to purchase the 110-acre property. The firm plans to invest more than $100 million into redeveloping the aging Montgomery County site…
-
King of Prussia’s David’s Bridal Takes Love Stories Worldwide With Travel Launch
King of Prussia’s David’s Bridal is stepping is expanding their brand yet again, the company announced in a press release. The iconic brand has launched Travel by David’s, a global booking platform designed to support couples long after they say “I do.” The new service handles everything from honeymoons and destination celebrations to bachelor and…
-
CSL to Invest $1.5B in U.S. Growth Amid Restructuring and Local Layoffs
CSL, which has major operations in King of Prussia, announced plans to expand in the U.S., reports John George for the Philadelphia Business Journal. The Australian biopharmaceutical company plans to invest roughly $1.5 billion in its footprint over the next five years. Company leaders said the expansion will strengthen domestic manufacturing of plasma-derived therapies and…
-
Merck Invests $9.2B in Cidara to Boost Breakthrough Flu Drug
Merck is expanding its respiratory-health portfolio, the company announced in a press release. The pharmaceutical giant with significant operations throughout Montco announced a $9.2 billion agreement to acquire Cidara Therapeutics. The deal centers on CD388, a long-acting antiviral designed to prevent influenza in adults who face higher risks of complications. CD388 is currently in a…
-
New Zoning Clears Path for The Former Willow Grove Navy Base’s Transformation
Horsham Township is taking a decisive step toward the long-awaited redevelopment of the former Willow Grove Navy base, writes Lacey Latch for Bucks County Courier Times. Town Council unanimously approved a comprehensive zoning amendment that aligns the 862-acre property with the 862 Rise master plan first endorsed in 2012. The update replaces the site’s outdated…
-
Lower Merion, Harriton Football at a Crossroads as Parents Push for Merger
Lower Merion Township’s football community is wrestling with a difficult reality, writes Denali Sagner for The Philadelphia Inquirer. Participation has fallen so sharply that Harriton and Lower Merion High Schools can no longer sustain healthy, competitive programs on their own. Harriton went 0–9 last season in the Central League, marking its 10th straight winless campaign,…
-
Boomi Expands Global Footprint With New Partnership in the Pet Care Sector
Conshohocken’s Boomi continues to expand its global reach, according to Business Wire. The company announced that Australia-based Greencross Pet Wellness Company, the nation’s largest pet care network, has adopted the Boomi Enterprise Platform to streamline its digital ecosystem. With more than 6,000 employees and hundreds of retail, veterinary, and grooming locations, GPWC sought a unified…
-
Pennsylvania Moves to Increase Oversight of PJM as Data Centers Drives Energy Concerns
As massive data centers continue to rise across the region, Pennsylvania lawmakers are moving to increase transparency around how the state’s electrical grid is managed, writes Frank Kummer for The Philadelphia Inquirer. A new bill introduced this week gives the Pennsylvania Public Utility Commission (PUC) greater oversight of PJM Interconnection. The Audubon grid operator is…
Founding Partners
Advertisement
Affiliate Partners
