Philadelphia Business Journal
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Stone-Clad Berwyn Estate with Fireplaces and Home Theater Hits Market
A stone-clad seven-bedroom, 10-bathroom estate in Berwyn, set on 12 acres and topped with a burnt red roof, has recently hit the market for $6.25…
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Three Montco Restaurateurs Buy Doylestown’s Station Tap House, Rebrand It The Station
Three restaurateurs from Montgomery County have purchased Doylestown’s Station Tap House, with plans to rebrand the restaurant in their first Bucks County project, writes Emma Dooling for the Philadelphia…
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Sale of Flats at Lansdale Tops Regional Averages, Signals Strong Demand
A major apartment complex in Lansdale has changed hands, underscoring the strength of Montgomery County’s rental market, writes Paul Schwedelson for The Philadelphia Business Journal.…
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Langhorne’s Nexgel Transforms Near Disaster into ‘Three-Team Trade’ Acquisition
Despite the withdrawal of an investor, Langhorne-based Nexgel successfully finalized its acquisition of Celularity’s regenerative biomaterial products, a deal that is expected to nearly triple…
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Souderton’s Univest Eyes Growth Beyond Philly as Earnings Climb
Souderton-based Univest Financial Corp. is posting strong financial gains while setting its sights on growth beyond the Philadelphia region, writes Jeff Blumenthal for The Philadelphia…
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John Ternus, Next CEO of Apple, is a University of Pennsylvania Alum
Apple recently announced that University of Pennsylvania alumnus John Ternus will become the next CEO of the company starting September 1, writes Alastair Goldfisher for…
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Chicken Salad Chick Targeting Montgomery County Expansion
Montgomery County could soon be home to a new fast-casual concept not yet seen in the Philadelphia region, according to Emma Dooling for The Philadelphia…
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Former Chaddsford Winery GM Opening Locally-Supplied Bar in Unionville
Corey Krejcik, former general manager of Chaddsford Winery, is planning to open Proximity Wine Bar in Unionville, with a focus on local producers, writes Emma Dooling for the Philadelphia Business Journal. All of the food and beverages will…
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PECO Announces Transition of President and CEO David Vahos to Special Advisor to Exelon’s President and CEO
PECO President and CEO David Vahos will transition to the role of Special Advisor to Exelon President and CEO Calvin Butler. Mike Innocenzo, Exelon’s Chief…
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Hanwha Philly Shipyard Aims to Hire Up to 10,000 Workers, Quadrupling Workforce
South Korea-based Hanwha plans to quadruple its workforce at the Philadelphia Navy Yard shipyard, by aiming to hire up to 10,000 workers over the next…
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Richard Lazer, Port of Philadelphia’s Next CEO and Executive Director, Eyeing Further Growth
Richard Lazer, who has served as executive director of the Philadelphia Parking Authority since 2022, has been unanimously selected as the next CEO and executive…
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Penn Medicine Doylestown Health CEO to Retire, Talks Merger and Advice
After 13 years at the helm, including last year’s merger with the University of Pennsylvania Health System, Doylestown Health CEO Jim Brexler is retiring April…
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Fort Washington’s Toll Brothers Makes First Major Move Under New CEO
Fort Washington’s Toll Brothers is expanding its national footprint with a new acquisition, marking the first major move under recently appointed CEO Karl Mistry, writes…
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Two Investment Firms Plan to Own Sizable Stakes in Restructured QVC Group
Silver Point Capital and Strategic Value Partners, both investment firms based in Greenwich, Connecticut, will hold sizable stakes in QVC Group after the West Chester-based…
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West Chester’s QVC Group to File for Bankruptcy, Plans 90-Day Restructuring
Amid ongoing efforts to manage $6.6 billion in debt, West Chester-based QVC Group has announced plans to file for Chapter 11 bankruptcy protection, writes Jeff Blumenthal for…
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Newtown Home Constructed by Architect Paul Rudolph to Hit Market for $5.85M
A Newtown home designed by famed architect Paul Rudolph will be hitting the market for $5.85 million, writes Ryan Mulligan for the Philadelphia Business Journal. The two-story house, which…
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Mobile Order Pickup Windows Replacing Wawa Drive-Thrus
Wawa is abandoning its drive-thru experiment, replacing it with mobile order pickup windows called Fly Thrus, writes Emma Dooling for Philadelphia Business Journal. The Delaware…
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Temple University Receives Major Gift, Will Use Funds to Launch New Honors College in 2027
Temple University recently received one of its largest donations ever, and is using the generous gift to create a new honors college, writes Ryan Mulligan…
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