Center City
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Center City Continues Finding New Ways to Thrive After Pandemic
While weekdays are still somewhat lagging behind, Center City has managed to fully rebound to the pre-pandemic numbers of people out and about on weekends, writes Laurel Wamsley for WHYY. A new report found that Center City now draws 85 percent of the total pedestrian volumes that it did in 2019. More good news comes…
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Developer Switches Gears With Former Rite Aid Site in Center City from Apartment to Retail Project
Plans to construct a mid-rise apartment building on the western border of Center City have been scrapped and instead, the owner of the site is looking for a retail tenant for the existing single-story building, writes Paul Schwedelson for the Philadelphia Business Journal. The building on Walnut Street originally housed a Rite Aid that closed…
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Temple University Explores Potential Merger To Save University of the Arts From Closure
With students, staff, and faculty still reeling from the announcement that the University of the Arts will close on June 7, Temple University is looking into potentially merging with the school to help save it, write Susan Snyder and Kristen A. Graham for The Philadelphia Inquirer. “I’m working with their chair to see if we…
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University of the Arts to Close on June 7, Marking End to Nearly 150-Year Institution
The University of the Arts has announced its imminent closure, as the institution will be shutting down on Friday, June 7, writes Ryan Mulligan for the Philadelphia Business Journal. According to the Middle States Commission on Higher Education, UArts had fallen out of compliance with the commission’s standards and was having its accreditation withdrawn. The…
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New High-end Residential Project Likely Replacing Two Center City Buildings
Two buildings on Chestnut Street owned by the Philadelphia Federation of Teachers and the former site of Freeman’s auction will likely be the site of a new residential project, writes Jake Blumgart for The Philadelphia Inquirer. The plan calls for a high-end condo-and-rental building with fewer than 100 units. The Philadelphia Federation of Teachers recently…
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Philadelphia Youth Orchestra to Conclude 2023-24 Season With Annual Doubleheader Festival Concerts
The Philadelphia Youth Orchestra Music Institute (PYOMI) has announced the Philadelphia Youth Orchestra’s 84th Annual Festival, which will be held at Verizon Hall of The Kimmel Center on Sunday, June 2 at 7 PM. The program for the event features a dynamic selection and two soloists under the direction of Maestro Louis Scaglione. The concert…
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Pat Burrell’s Former Center City Penthouse Sells For Well-Under Original Asking Price, Two Years Later
The Center City penthouse that former Philadelphia Phillies star Pat Burrell previously owned has been sold to a local Philadelphia couple for $2.65 million. It sold for about 38 percent less than the original asking price of nearly $4.3 million, writes Ryan Mulligan for the Philadelphia Business Journal. The recent sale brings an end to…
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Jewelers Row is the Oldest Diamond District in Country; Here’s How It Came to Be
Jewelers Row is the oldest diamond district in the United States that has been home to many retailers, wholesalers, and craftsmen for several centuries, writes Michelle Myers for The Philadelphia Inquirer. After Founding Father Robert Morris went bankrupt, a large lot he owned in Philadelphia was auctioned off at a sheriff’s sale and then purchased…
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Philadelphia AI Retail Startup, Invent Analytics, Raises $17M and Doubles 2023 Revenue
Invent Analytics, a Philadelphia artificial intelligence retail startup, has raised $17 million and is seeking to double its revenue this year after doing so last year, writes Ryan Mulligan for the PHL Inno. The company’s platform uses data and AI to help retailers forecast, inform pricing, manage their supply chain and their inventory. The overall…
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Center City Businesses, Organizations Want to Make Downtown Philadelphia More Convenient For All
Center City businesses and organizations are looking for ways to make visiting Philadelphia’s downtown more convenient for everybody, writes Emma Dooling for the Philadelphia Business Journal. Center City District CEO Prema Katari Gupta said during her organization’s recent panel event that her focus is no longer on pre-pandemic recovery but instead attracting new residents, workers,…
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WSJ: Comcast’s NBCUniversal Prepares a $2.5 Billion Yearly Bid For NBA Rights
NBCUniversal, owned by Comcast, is preparing to offer a massive $2.5 billion a year bid for the rights to air NBA games, write Joe Flint, Amol Sharma, and Isabella Simonetti for The Wall Street Journal. This comes as rival Warner Bros. Discovery is making its own last-ditch efforts to keep those rights. TNT, owned by…
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National Cancer Institute Designates Jefferson’s Sidney Kimmel Cancer Center As a Comprehensive Cancer Center
Jefferson recently announced that its Sidney Kimmel Cancer Center (SKCC) has earned a National Cancer Institute (NCI) “Comprehensive” Cancer Center designation, the highest recognition awarded by the NCI. This recognition places SKCC among an elite group of only 57 cancer centers nationwide, providing exceptional and personalized cancer care and superior outcomes, fueled by a…
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This Bowling Alley Was Voted the Best in Philadelphia
The Keystone recently did a voter’s choice survey on the top bowling alleys in Pennsylvania, and Harp & Crown was selected as the top one in Philadelphia, writes The Keystone staff. The Center City bowling alley embraces elegance, transcending the traditional alley experience and entering the realm of luxury. The historical building combines the fun…
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Chase Bank To Open New Branch At Former Wawa Flagship Location in Center City
The former location of Wawa’s flagship location in Center City had been vacant since it chose not to reopen in 2020 due to the lasting effects of the COVID-19 pandemic. However, Chase Bank recently filed to open a branch at the very location on the southeast corner of Broad and Walnut streets, writes Jeff Blumenthal…
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WSJ: Penn Hospital Doctors Perform Revolutionary Procedure Involving Brain-Computer Implant
Doctors at Pennsylvania Hospital in Philadelphia recently performed a revolutionary procedure by temporarily implanting a brain-computer interface device onto a patient’s brain, writes Jo Craven McGinty for The Wall Street Journal. Jeffrey Keefer was undergoing brain surgery to relieve Parkinson’s disease symptoms at the hospital. Since his skull would be open for hours anyway, he…
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African American Museum in Philadelphia Spotlights Printmaker Dox Thrash in New Exhibit
The African American Museum in Philadelphia is showcasing the life and legacy of visionary artist and printmaker Dox Thrash in its newest exhibit, writes Cherise Lynch in NBC 10 Philadelphia. The new exhibit, titled, “Imprint: Dox Thrash Black Life, and American Culture” will feature more than 40 pieces, including selections from the Museum’s permanent collection…
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Faith and Liberty Discovery Center in Center City To Close After 3 Years, Citing ‘Structural Limitations’
American Bible Society announced that it will be shutting down its Faith and Liberty Discovery Center, effective March 28, writes Michelle Myers for The Philadelphia Inquirer. The museum was created just under three years ago in July 2021. Though, it has recently been besieged with challenges, including layoffs, funding troubles, and five CEO changes within…
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African American Museum in Philadelphia Spotlights Printmaker Dox Thrash in New Exhibit
The African American Museum in Philadelphia is showcasing the life and legacy of visionary artist and printmaker Dox Thrash in its newest exhibit, writes Cherise Lynch in NBC 10 Philadelphia. The new exhibit, titled, “Imprint: Dox Thrash Black Life, and American Culture” will feature more than 40 pieces, including selections from the Museum’s permanent collection…
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