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PREIT, Owner of Willow Grove Mall, Announces Core Sales of Over $600 Per Square Foot
Pennsylvania Real Estate Investment Trust (PREIT), the owner of Willow Grove Mall, closed 2021 on a high note with core mall rolling 12-month sales traversing the $600 per square foot milestone at $603. PREIT properties emerged as winners for the last year thanks to new anchors and a strong mix of existing tenants. Cherry Hill…
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Longwood Gardens Seeds Its Renovation Plans with Funding from ‘Green’ Bonds
Longwood Gardens is funding its $250 million renovation using a combination of grants, endowment money, and issuance of tax-exempt “green” bonds. These sources will provide $200 million of the targeted sum, writes Erin Arvedlund for The Philadelphia Inquirer. Bonds — which are essentially loans from investors who promise to repay the principal and interest —…
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Rev. Dr. Evelyn C. Graves; Yeadon Church, Drama School, Theater Founder Dies at 87
The founder of Evelyn Graves Ministries Church — encompassing a drama production company, a drama school and a private Southwest Philadelphia Christian church — died Sunday at her Folcroft home, writes Valerie Russ for The Philadelphia Inquirer. The Rev. Dr. Evelyn C. Graves was 87. The drama company performed all over the United States and…
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Soft Hearted on the Hardwood: Council Rock North High School Surprises Basketball Team Manager
Last Friday night’s girls’ basketball game between Council Rock North High School (Newtown) and Academy Park High School (Sharon Hill) took on significance well beyond baskets and blocking. FOX29 News covered the play action that made a student feel ten feet tall. Megan Bissol is not only a big fan of the team, she’s also…
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In a Game of Rams v. Bengal Tigers, Puppy Bowl 2022 Was a Whole New Animal
Harley’s Haven Dog Rescue, Perkasie, had a representative in this year’s Puppy Bowl, part of a national effort to break shelter stereotypes and encourage pet adoptions. Nick Vadala captured the cute canine competition for The Philadelphia Inquirer. The 2022 competition showed off over 100 pups from 67 shelters and rescues from across the nation. Ten…
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King of Prussia-Based Qlik Prepares for Second IPO with Series of Acquisitions
King of Prussia-based Qlik is preparing to offer another IPO opportunity after recently boosting its product line through acquisition, writes Joseph DiStefano for The Philadelphia Inquirer. One of the largest homegrown software firms in the Philadelphia area enables clients — including Honda, Novartis, and Vanguard — to collect data from sales, suppliers, and customers, by…
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King of Prussia Mall’s Simon Property Group Sees Great Returns from Its Bet on Brick-and-Mortar
Simon Property Group, the King of Prussia Mall owner, has had an amazing year thanks to its bet on brick-and-mortar amid the growth of online shopping, according to a staff report from PYMNTS.com. “We kicked the crap out of ‘21,” said David Simon, the chairman and CEO of Simon Property Group, during the company’s earnings…
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Former Malvern Man — Whose Career Touched ‘Anyone Who Has Flown on a Commercial Airliner’ — Dies at 79
Geoffrey Hedrick, formerly of Malvern, has died at age 79. Hedrick was an avionics innovator and entrepreneur who ran companies in Exton, Malvern, and West Chester, and his business entities improved airplane safety and efficiency. Gary Miles reported the loss for The Philadelphia Inquirer. Hedrick was a longtime award-winning engineer who founded and served as…
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Wayne Bakery Ropes in Big in Valentine’s Day Sales to Ted Lasso Fans
D’Innocenzo’s Bakery in Wayne did brisk business this weekend by piggybacking on a pop-culture phenomenon. At its stand in the Lancaster Farmers Market, pink boxes of shortbread proved popular among fans of Ted Lasso, the Apple + series set on the soccer pitches of England. The biscuits — so named because that’s what Londoners call…
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Home of Earl Jamison — Peddler’s Village Founder — For Sale; Property Is a ‘Sanctuary for Both Man and Beast’
The New Hope estate designed by Earl Jamison, Peddler’s Village founder, is again being peddled. Kennedy Rose reported the 37-acre listing for the Philadelphia Business Journal. Jamison built the main house in 1978, after his 1962 launch and subsequent promotion of Peddler’s Village. He imbued the residence with the 18th century architectural theming, mimicking the…
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Bensalem Houses What May Be the First Brewery-Distillery Collective in the U.S.
Three local brewing-distilling veterans have banded together, launching a unique business model in a Bucks County headquarters. The Mutual Respect Brewers Co-Op, operating from the Broken Goblet Brewing in Bensalem, seeks to benefit from the principals’ collective knowledge and experience. Tara Nurin uncapped their intent in Forbes. The members are: Jeremy Myers co-founder of Neshaminy…
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Falls Township Couple Is Floating on Air With Pandemic-Inspired Inflatable Amusement Business
Needing a break from providing home care to her father, Megan Wachter sought something fun in her life. She and her husband bounced several ideas around before launching an inflatable amusements business. Their story, supplied by SCORE, the Bucks County entrepreneurial mentoring service, blew into the Lower Bucks Times. The idea of turning Megan’s yearning…
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Legal Matters: Social Media is Not Your Friend
By Inna G. Materese Whether or not social media is a positive or negative force in our modern society is a question for philosophers and experts. But, as a family lawyer, I am here to tell you that social media can and will be used against you in a court of law. This is a…
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CSL Behring Partners with Uplifting Athletes for Rare Disease Research and Honors Those Making an Impact
At the celebratory event, presented by global biotherapies leader CSL Behring, Uplifting Athletes awarded $180,000 in research grants to nine promising young investigative rare disease researchers and honored the six newest members of the organization’s Rare Disease Championship Team―an exemplary group of college football players who support Uplifting Athletes’ mission to inspire the Rare Disease Community…
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Delco Native Amy Wescott’s Costumes Make It Into Super Bowl Ad
Amy Westcott, a film and television costume designer, had the thrill of seeing her costumes show up Sunday night in a Chevy truck Super Bowl commercial, writes Kevin Riordan for The Philadelphia Inquirer. Amy is the daughter of sports journalist and author Rich Westcott in Springfield. For 25 years, Amy has designed costumes for movies…
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Gov. Wolf Visits Upper Darby High With a Plan for More School Funding
Upper Darby High School was the backdrop for PA Gov. Tom Wolf Friday as he spoke about a state education funding plan in his 2022 state budget proposal, writes Mallory Falk for WHYY. He’s proposing boosting K-12 spending by $1.75 billion, with another $70 million for early childhood education. The money is there without…
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When It Comes to Outstanding Spots for Beer, Wine, and Spirits, Bucks County’s Cup Runneth Over
Bucks County’s beer, wine, and spirits scene continually breaks ground with new initiatives, unique vintages, and interesting events. As a preview of the 2022 growing-tasting-purchasing season, Marilyn Johnson, in her Philly Grub blog, provided a comprehensive overview of what’s new in area steins, snifters, and goblets. Free Will Brewing Co. celebrates its 10th anniversary. Ales,…
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New Hope Collectible Toy Merchant — Who Also Discovered Metallica — Dies at Age 69
Jon Zazula, promoter of heavy-metal band Metallica, has died at age 69. After his years in the music industry, Zazula’s final commercial enterprise was selling vintage toys in New Hope. James R. Haggerty recorded the passing in The Wall Street Journal. After a rocky childhood, Zazula worked numerous jobs, including a spot with a commodity-trading…
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