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America’s Oldest Ice Cream Company Has One Stand-Alone Shop, and It’s Located in Philadelphia
Philadelphia has a number of companies and institutions that originated in the city, and that includes the oldest ice cream company in America, writes Joe Hoeffner for The Takeout. That ice cream company is Bassetts Ice Cream, which has its only physical location inside Reading Terminal Market. Established in 1861, Bassetts was founded by a…
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Philadelphia Housing Authority Begins First Phase of Westpark Transformation, Adding 1,000 Units By 2030
The Philadelphia Housing Authority recently broke ground on the first phase of its Westpark Apartments redevelopment, which will include 327 affordable units and is expected to cost $205 million, writes Noah Zucker for BisNow. A total of 1,000 mixed-income units are planned for the vacant public housing complex at Market and 44th streets. PHA CEO…
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New Philadelphia Bill Would Expand Transit-Oriented Development, Allowing More Housing Near SEPTA
A new bill from Mayor Cherelle L. Parker’s administration would allow more apartment construction around SEPTA stations to help boost ridership, writes Jake Blumgart for The Philadelphia Inquirer. The proposal expands an existing law that allows developers to build more housing with less parking on many properties that are within 500 feet of SEPTA stations…
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Philadelphia Tops Major U.S. Cities for Closest Average Bus Stop Distance
Philadelphia ranked first in the nation for closest bus stops, according to a new analysis by the Works in Progress transit blog, writes Mike D’Onofrio for AXIOS Philadelphia. SEPTA bus stops are spaced an average of 564 feet apart, edging out Pittsburgh at 623 feet and Chicago at 673 feet to take the top position.…
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Philadelphia Developer Expanding Fishtown Apartment Project After Securing $22M in Financing
Philadelphia developer PCG Investment has secured $22 million in financing, allowing it to expand its original plan for a Fishtown apartment project, writes Ryan Mulligan for the Philadelphia Business Journal. Called the Fairman, the new two-building project on Delaware Avenue across from Penn Treaty Park will feature a two-building, 86-unit apartment project. The project will…
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How a Philadelphia Bake Sale at Broad and Arch Launched the Girl Scout Cookie Empire
The Girl Scout cookie craze, which now sells over 200 million boxes annually, began with a single experiment at Philadelphia’s Broad and Arch streets in 1932, writes Christie Ileto for 6abc. The initial Girl Scout cookies were baked in the ovens of Philadelphia Gas and Electric, today’s PECO, as part of a bake-sale fundraiser conceived…
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Philadelphia Listed Among 5 Potential Host Cities for 2028 Democratic National Convention
Philadelphia has been named among five cities as frontrunners to potentially host the 2028 Democratic National Convention, writes Emma Dooling for the Philadelphia Business Journal. In addition to Philadelphia, the other potential host cities are Chicago, Atlanta, Denver, and Boston. To determine which city will host the huge political event, leaders from the convention will…
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New City Controller Report Reveals Price Tag for Philly’s 250th Birthday Celebrations
Philadelphia will spend $620 million on the nation’s 250th birthday celebrations, which is roughly ten percent of the $6.8 billion budget that was approved for fiscal year 2026, according to a new city controller report, writes Isaac Avilucea for AXIOS Philadelphia. The Parker administration believes the investments will yield significant returns, supported by a Visit…
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For First Time in Generations, Philadelphia’s Economy Ranks Among Nation’s Strongest
With the highest job growth of the 25 largest metropolitan areas last year, Philadelphia’s economy ranks among the strongest in the nation for the first time in generations, writes Mark Zandi for The Philadelphia Inquirer. The city’s economy outpaced thriving Atlanta, Dallas, Denver, and Phoenix. This economic momentum is reflected in several major development projects…
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This South Philly Eatery is a Hidden Gem for BBQ Lovers
Located in South Philadelphia, Mike’s BBQ is a true hidden gem where the meat is smoked a traditional way in a Lang Smoker, that lures in patrons with its enticing scent, reports Bob Kelly for FOX 29. “We opened in January 2016 and strive our best to produce top quality food every day,” said Jimmy…
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‘In Pursuit’ Docuseries Explores 400 Years of America’s History Through Philadelphia’s Lens
A new streaming series blends modern footage, historical reenactments, and interviews to tell the story of America through the lens of its birthplace, Philadelphia, writes Mike Newall for The Philadelphia Inquirer. History Making Productions released the first episode of In Pursuit: Philadelphia and the Making of America, directed by Andrew Ferrett and written by historian…
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Brevet Capital Lands $150M Loan for 36-Story Apartment Tower on South Philadelphia Waterfront
New York-based Brevet Capital Management has obtained a $150 million construction loan to build a 36-story residential tower on the Delaware River waterfront, writes Paul Schwedelson for the Philadelphia Business Journal. The 620-unit apartment complex will be located at 1341 S. Christopher Columbus Boulevard in the Pennsport neighborhood of South Philadelphia. The construction loan was…
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Pair of Philadelphia Airport Hotels Put Up for Sale by New York Owner
Lightstone Group, a New York-based real estate investment company, has put Aloft Philadelphia Airport and Four Points by Sheraton Philadelphia Airport on the market after an 11-year hold, writes Emma Dooling for the Philadelphia Business Journal. Lightstone Group purchased the 136-room Aloft and 177-key Four Points in December 2014 for $30 million from Starwood Hotels…
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Shapiro Administration Invests $3.1M in State Funding to Upcoming Philadelphia Sporting Events
Pennsylvania and the administration of Governor Josh Shapiro is investing nearly $5 million to support the state’s upcoming sporting events, including $3.1 million to Philadelphia’s, writes Mike Larson for the Philadelphia Business Journal. Of the $3.1 million in funding, Philadelphia Soccer 2026 will receive $1.7 million for the 2026 FIFA World Cup. Meanwhile, the Philadelphia…
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$285 Million AVE Navy Yard Development Apartments Opening to Residents
With 30,000 square feet of amenities now complete, the $285 million AVE Navy Yard development from Ensemble/Mosaic and Korman Communities is now welcoming its first residents, writes Paul Schwedelson for the Philadelphia Business Journal. Jeff Brown, director of development for Korman’s AVE brand, said that the team knew they had “to do something special” with…
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Get the Most Out of Manayunk, One of the Top Philly Neighborhoods to Live and Play
Blending the urban energy of Main Street with more outdoor space than anywhere else in Philadelphia, Manayunk has emerged as one of the city’s top neighborhoods to live and play, writes Sandy Smith for Philadelphia Magazine. Manayunk first began shedding its forlorn reputation in the 1980s, sparked by the first U.S. Pro Cycling Championship, when…
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Five Below’s Turnaround, Lifting Stock Threefold, Can Be Credited to This Shopping Demographic
A renewed focus on teen shoppers has helped Philadelphia-based Five Below offset tariff pressures, positioning the retailer as one of retail’s standout comeback stories, writes Rachel Phua for Bloomberg. Following a five-year stock low that was triggered by President Donald Trump’s April 2024 tariff announcement, the retailer reworked its strategy around licensed products tied to…
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After 50 Years, Owners of Historic Cherry Street Tavern Near Deal to Sell 124-Year-Old Bar
After operating the Logan Square landmark for 50 years, the owners of Cherry Street Tavern have listed the 124-year-old bar for sale and are close to finalizing a deal, writes Mike Newall for The Philadelphia Inquirer. Originally opened as a bar around 1902, the tavern survived Prohibition by operating as a barbershop. Much of its…
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