Investments
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SEC Actions Threaten End to Sisters of St. Francis Corporate Activism
A change proposed by the US. Securities and Exchange Commission could end corporate activism for people like Sister Nora Nash, a nun with the Sisters of St. Francis of Philadelphia out of Neumann University in Aston, writes Emily Chasan and Saijel Kiswhan for Bloomberg.com. The Sisters use their limited retirement fund shareholder status to file…
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Chadds Ford Medical Device Firm Developing Instruments That Give Better Images of Disease Molecules
Mobilion Systems, Inc. in Chadds Ford is developing instruments that can identify molecules for diagnosing and treating diseases, writes John George for the Philadelphia Business Journal. The life sciences company has raised $15.4 million in series A financing. It plans to use the funds to advance the development of its patented ion mobility separations technology.…
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Brandywine Realty Trust Brings First New Office Development to Radnor in 30 Years
Brandywine Realty Trust is developing a new office building as part of its 155 Radnor project that is a part of the 26.6-acre Penn Medicine campus at King of Prussia Road in Radnor, according to a staff report from the Mainline Media News. “Brandywine has deep roots in the Pennsylvania suburbs, so we are delighted…
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Garnet Valley Couple Hoping to Trigger Sexual Consent Dialogue From Card Game
Sexual consent is a tough topic for many adults, so Erin and Ken Moeller of Garnet Valley have a card game to educate people, writes David Murrell for Philadelphia Magazine. “Consent” invites players to “Explore your boundaries. Touch your friends. Change the world.” Erin got the idea in summer 2017 when #MeToo stories were making…
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Chester Starts to Reap Economic Benefits of Soccer Stadium
The Major League Soccer franchise is celebrating its 10th season at Talen Stadium in Chester. Since its 2010 debut, it’s attracted a consistent following, as well as bringing thousands of fans to Chester. Now it’s bringing in business, writes P. Kenneth Burns for WHYY. Both the Philadelphia Union and the City of Chester say they…
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Power Home Remodeling Expands Operations With Building Purchase in Arizona
Power Home Remodeling in Chester is expanding into Tempe, Arizona with a $4.69 million purchase of an industrial building, writes Corina Vankek for the Phoenix Business Journal. The company plans to hire 200 people at the site for sales, customer development and installation services jobs. Keith Lammersen and Brad Crosley of JLL represented Power Home…
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Barnaby’s in Ridley to Open Under New Owners as The Ridley House
The same New Jersey firm that bought the old Towne House in Media is now poised to open The Ridley House where Barnaby’s once stood in Ridley Township, writes Barbara Ormsby for the Daily Times. “I did meet with them (the new owners) and the plans look great,” Ridley Board of Commissioners President Bob Willert…
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Architect Named to Develop Chester Waterfront
The Boston architect firm NBBJ has been hired to create a master plan to develop the area surrounding Talen Energy Stadium and the Wharf Building along the Chester waterfront. NBBJ is a nationally-recognized architecture and urban planning firm with expertise in waterfront planning. They will work with the Riverfront Alliance of Delaware County (RADC) in…
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See Which Delaware County ZIP Code Is Among Top 30 in Philadelphia Area with Highest Return on Investment
The ZIP Code that covers Media, Lima, and Elwyn is among the top 30 ZIP Codes in the Philadelphia area with the highest return on investment over the last decade, writes Kennedy Rose for the Philadelphia Business Journal. The entire greater Philadelphia area is considered a very hot housing market with home prices climbing steadily…
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Share a Meal and Your Ideas Thursday to Make Your Community Better at On the Table
On the Table events are happening Thursday, Oct. 17, around Delaware County to bring residents together to share food and talk about ways to strengthen communities and make them better places to live, work and play. This year, the Foundation for Delaware County is underwriting several On the Table gatherings. The following events are scheduled:…
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Upper Darby Looks to State Partnership to Bring Businesses, Investments to Town
Upper Darby hopes to forge a new partnership with the state to spur economic investment. Pa. Gov. Tom Wolf has rolled out the Strategic Management Planning Program (STMP), and Upper Darby wants to be the first major municipality to join up. Upper Darby Mayor Tom Micozzie said the program would provide matching funds to study…
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Chester Clock Tower Gets an Artistic Facelift
Local artists have given some personality to the Deshong Park clock tower at Ninth Street and Edgmont Avenue in Chester, its first makeover in more than 61 years, writes Colin Ainsworth for the Daily Times. Artists from the Chester Made collective created three paintings that were mounted below each of the tower’s clock faces. The…
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Life at the Jersey Shore: ICONA Resorts Taps Into Our Positive Shore Experiences
ICONA Resorts CEO and Chairman Eustace Mita is all about bringing the positive to his company, writes Rebecca Logan for Philadelphia Business Journal. For Mita, there is no off season or winter. There is only the “cozy season.” Even the company name, ICONA, is warm and welcoming, combining “icon” and “aloha,” referencing back to Mita’s…
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Former Eagle Darwin Walker Tackles Two Wawas in South Jersey
Former Philadelphia Eagle Darwin Walker knows a good business opportunity when he sees it. He has bought his second Wawa in South Jersey, writes Michelle Caffrey for the Philadelphia Business Journal. Walker, a former defensive tackle who played for the Eagles from 2001 to 2006, paid $3.7 million for the latest store. Public records show…
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Partnership Promises to Bring Storm Water Management and Beauty to Chester
Beautiful landscapes and improving infrastructure keeps coming to Chester, thanks to a partnership of the Chester Storm Water Authority and Corvias Property Management, writes Kathleen E. Carey for the Daily Times. The goal has been to improve storm water management over 30 years, maintaining 350 acres that beautify the city and stimulate economic development. The…
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Invented in a Havertown Lab: Survival Tool Revives Dead Cell Phones, Purifies Water
Marvin Weinberger toiled over his survival tool for three years in his Havertown workshop. Now he’s launched a Kickstarter campaign to get it into production, writes Paige Gross for Technical.ly. Meet the LIFESABER, which offers a limitless power supply to bring a dead cell phone back to life. The battery recharges in 15 minutes if…
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Resort Operator in Newtown Square Hires New Exec Ahead of Public Offering
Apple Leisure Group in Newtown Square is preparing for an initial public offering (IPO) or private sale and has hired Alejandro Reynal as its new chief executive, writes Exra Fieser for Bloomburg. Apple Leisure Group is a travel conglomerate that sells vacations and manages resort brands. Alejandro Reynal, the former CEO of the Madrid-based customer…
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Life at Villanova’s Commons: Dorm Life Was Never Like This
Villanova’s new dorms, The Commons, offer more than just living space. There’s two fitness centers and in 2020, the 200-seat Refectory restaurant will open, along with the Parliament Expresso & Coffee Bar, writes Melissa Jacobs for Main Line Today. A performing arts center and a five-level parking garage will follow. Villanova’s once-modest Lancaster Avenue entrance…
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