Center City
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Historical Society of Pennsylvania Remembers Pope Francis’ 2015 Philly Visit, Thanks to Collection of Souvenirs
In 2015, Pope Francis made a historic visit to Philadelphia. Upon that visit, the director of the Historical Society of Pennsylvania, Lee Arnold, made sure to find and collect as much memorabilia as possible to document that visit, writes Peter Crimmins for WHYY. The souvenirs collected include 3D photos of the Pope, “I [heart] the…
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Vast Collection Prominently Featuring Reading Terminal Market Finds Permanent Home at Penn Libraries
A one-of-a-kind collection — notable for its size, scope, and prominent focus on Philadelphia’s historic Reading Terminal Market — has found its new permanent home at the Penn Libraries, writes Louisa Shepard for Penn Today. Acquired by David K. O’Neil, a Penn alum who managed operations at Reading Terminal Market for a decade, the collection…
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Center City Undergoing $1.2B in Real Estate Development Activity, New Report Provides Breakdown
Center City District has released its latest Center City Real Estate Development Report, which provides an overview of the $1.2 billion in development activity taking place in the area. There are a total of 66 major development projects in Center City Philadelphia that are either completed, under construction, or in the planning stages. Center City…
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Nike’s Jordan Brand World of Flight Store One Step Closer to Opening Planned Center City Store
A major hurdle has been cleared in regards to Nike’s plan of opening a new World of Flight store in Center City, writes Michael Tanenbaum for PhillyVoice. The city recently approved the changes the company had proposed to make to the Walnut Street storefront in which the business will operate. The planned Philadelphia store would…
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Insurance Giant to Join Center City Skyline With New 18-Story Philadelphia Headquarters
Chubb, the insurance giant, is set to be the newest member of Philadelphia’s skyline in Center City, writes Ryan Sharrow for the Philadelphia Business Journal. Parkway Corp. is developing a new 18-story, 438,000-square-foot headquarters for Chubb, which is expected to be completed in the second quarter of 2026. The insurance giant is expected to have…
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Wanamaker Building Could Be Headed to Auction Following Latest Court Ruling
The historic Wanamaker Building could be headed for auction after a court ruling in the foreclosure case, which sided with lender TF Cornerstone and removed the possibility of a trial, writes Paul Schwedelson for the Philadelphia Business Journal. The New York developer has been working on seizing control of the beleaguered Center City office building…
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Ten Penn Center in Center City Set to Go Up for Sale
Ten Penn Center, the 27-story office tower in Center City owned by New York-based Sterling Equities and West Chester-based Greenville Partners, is set to hit the market, writes Paul Schwedelson for the Philadelphia Business Journal. The 668,000-square-foot building was constructed in 1981 and purchased by its current owners in 2006 for $75 million. The property,…
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The African American Museum in Philadelphia Announces Programming for Black History Month
The African American Museum in Philadelphia (AAMP) has announced its lineup of programming and events in honor of Black History Month, which this year is nationally themed “African Americans and Labor.” The 2025 theme delves into the vital contributions of Black people across the spectrum of work, skilled and unskilled, free and unfree, voluntary and…
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How Do Philadelphians, Shoppers Feel About the Fashion District? Many Shares Their Thoughts
While not the King of Prussia Mall, many local shoppers see the Fashion District as a good-enough place to shop, dine, browse, and meet up with friends, writes Erin McCarthy for The Philadelphia Inquirer. Most have agreed that it is not the most exciting mall in the region, and doesn’t have quite the same allure…
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Historic Center City Building, Once Home to Philadelphia Elks Lodge, Hits Market for $5.75M
A historic Center City building, once home to the Philadelphia Elks Lodge and later the Salvation Army, is currently on the market for $5.75 million, writes Paul Schwedelson for the Philadelphia Business Journal. The three-story building at 1320 Arch Street, facing the Pennsylvania Convention Center, was built in 1905. Currently vacant, it offers potential buyers…
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Franklin Institute to Bring Back Controversial ‘Body Worlds’ Exhibit
The Franklin Institute science museum in Philadelphia will once again host the controversial exhibit “Body Worlds” starting next month, writes Victor Fiorillo for Philadelphia Magazine. This series of traveling exhibits displays specimens of human bodies and various parts of human bodies that have been preserved by German scientist Gunther von Hagens. He uses a process…
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Washington D.C.-Based Hospitality Group Set to Debut Mi Vida in Philadelphia, Eyes Further Expansion
Knead Hospitality + Design is gearing up to open its first Philadelphia restaurant next year, with plans already underway for further expansion in the region, writes Emma Dooling for the Philadelphia Business Journal. The Washington D.C.-based restaurant group plans on debuting its pan-Mexican concept, Mi Vida, in mid-2025. The eatery will be located in East…
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New Center City District Report Shines Light on Downtown Retail Trends
The Center City District recently released its latest report on downtown Philadelphia retail, but while experts say it has stabilized, there is still room to grow, writes Meir Rinde for Billy Penn at WHYY. According to the report, the retail occupancy rate for the area spanning from Girard Avenue to the north to Tasker Avenue…
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Amtrak Sets New All-Time Record for Number of Passengers
This year has been a record-breaking one for Amtrak as the national passenger railroad company saw its highest ridership numbers ever, writes Chris Morris for Fortune. Amtrak announced that it saw 32.8 million passengers taking trips on its trains in its 2024 fiscal year. That represents a 15 percent increase over its 2023 numbers, and…
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North Face to Close Center City Store in January
North Face has announced that it will be closing its Center City store in January 2025, writes Ryan Mulligan for the Philadelphia Business Journal. As a result of the closure, 17 layoffs will occur. The store has been there, as part of Philadelphia’s premiere retail corridor on Walnut Street, since 2009. According to a Worker…
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Giant to Close Center City Heirloom Market Store in December After 3 Years
Giant has announced that it will close its Heirloom Market store in Center City by the end of the year, writes Michael Tanenbaum for PhillyVoice. The closure will come just over 3 years after it opened, citing poor performance and other problems at the location. “This is simply a business decision, only made after a…
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New 255-Unit Luxury Tower Opens in Center City
Southern Land Co. recently opened a new 255-unit, 27-story luxury tower in Center City, writes Claudiu Tiganescu for Multi Housing News. RBC Bank issued a $112 million construction loan in 2022, according to Yardi Matrix data. That same year, the developer broke ground on the tower and topped out in 2023. The new luxury tower,…
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Comcast May Spin Off Its Cable Networks into Standalone Company
Comcast is contemplating the prospect of spinning off its cable networks into its own, standalone company, writes Ryan Mulligan for the Philadelphia Business Journal. The Philadelphia media and technology conglomerate is also open to partnerships with its streaming platform, Peacock. Comcast’s cable networks include Bravo, USA Network, the NBC family of channels, and Syfy, among…
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