Wayne
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Wayne-Based Jewelry Brand Jane Win Secures New Investment to Fuel Growth
Jane Win, the Wayne-based jewelry company founded by former Lilly Pulitzer executive Jane Paradis, has landed a new investment from Timex, Digital Fuel Capital, and NewSpring Capital to fuel its next stage of growth, writes Nishanth Bhargava for the Philadelphia Business Journal. The Main Line brand launched in 2017 and built its name on coin pendants and other affordable luxury…
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First Bank House of the Week: $2.4M Wayne Gem Offers Historic Character and Modern Comfort
Priced at $2,399,000, this stone colonial in Wayne offers a rare opportunity to own a meticulously maintained home in one of the Main Line’s most desirable walkable neighborhoods. Situated on a prominent corner lot in South Wayne, the property combines timeless architecture with thoughtful updates and easy access to downtown amenities. . . Built in 1956 by…
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A Guide to Autograph Brasserie in Wayne: Date Nights, Brunch, and a Wall of Famous Faces
Autograph Brasserie in Wayne is not the kind of restaurant people book simply because they need dinner. It’s the kind of place people choose when dinner is supposed to feel like something. Walk in and the faces find you first. Jim Morrison watches from one wall. John Lennon, Grace Kelly, and Marilyn Monroe look on from others,…
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First Bank House of the Week: $11.8 Ravenscliff Estate Showcases Historic Main Line Grandeur
Priced at $11,875,000, the historic Ravenscliff estate in Wayne represents a rare opportunity to own one of the Main Line’s most storied properties. Originally constructed in 1904 for railroad executive William T. Wright, the estate later became home to William Cox Wright and Campbell Soup heiress Charlotte Dorrance, connecting the property to both transportation and business history. . . Perched…
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Fearless Restaurants Replacing Former Bertucci’s in Wayne with New Italian Eatery Martini & Roz
Fearless Restaurants is bringing a bold new vision to the Main Line, and it’s not what they originally had planned, according to Emma Dooling for the Philadelphia Business Journal. The hospitality group has scrapped its Testa Rossa concept for the former Bertucci’s at 523 W. Lancaster Ave. in Wayne, replacing it with Martini & Roz, an upscale Italian…
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Stunning Main Line Estate, Built in 1904, Put on the Market for $12M
Along the Main Line, a 21,000-square-foot mansion built in 1904 and spanning three floors is hitting the market for around $12 million, writes Jonathan Diamond for the Philadelphia Business Journal. The estate, known as Ravenscliff, was constructed in Wayne on a 126-acre parcel for magnate William T. Wright. Wright later gave the property to his son, William Coxe Wright, when he married Charlotte…
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Valley Forge Military Academy Holds Final Commencement as Historic Institution Closes for Good
An era ended Saturday in Wayne as the final class of cadets from Valley Forge Military Academy (VFMA) marched through commencement for the last time. The ceremony, held inside the storied Chapel of St. Cornelius the Centurion in a joint ceremony with Valley Forge Military College (VFMC), was equal parts celebration and farewell, according to…
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122-Year-Old ‘Ravenscliff’ Mansion in Wayne Lists For Millions
In Wayne, a 122-year-old mansion deemed Ravenscliff is on the market for $11.875 million. With only two previous owners, who will be the third to grace the halls of this expansive property? Jonathan Diamond has the details at the Philadelphia Business Journal. It was originally built on a 126 acres in 1904 for railroad magnate…
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First Bank House of the Week: $2.3M French Colonial for Sale in Wayne
A French Colonial with five bedrooms and four full and one-half bathrooms is available for sale in the South Wayne Historic District. Designed by architect Peter Batchelor, the residence reflects a thoughtful approach to scale and flow, with high ceilings, expansive windows, and well-proportioned living spaces throughout. . . A welcoming foyer opens to formal living and dining areas, a private office with French doors, and…
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Wayne-Based Teleflex Pressured by Activist Investor to Consider Acquisition Offers
Irenic Capital Management is pushing Wayne-based Teleflex to evaluate potential acquisition offers and replace Dr. Stephen Klasko in his role as chairman, writes John George for the Philadelphia Business Journal. The activist investor sent a letter last week to the medical device company’s board, urging it “to immediately take a more constructive and responsible approach to evaluating strategic alternatives.” …
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New Unnamed ‘Boutiquey’ Restaurant Coming Soon to Wayne
Radnor Commissioners have paved the way for a new restaurant with their approval of a relocated liquor license from Chester to Wayne, writes Richard Ilgenfritz for Main Line Media News, as printed in the Daily Times. Restaurant owner Larry Kagan talked about his vision for the new restaurant, still under construction at 166 E. Lancaster…
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Radnor Nixes Eminent Domain for Valley Forge Military College Land
Radnor Township has reached a deal with the Valley Forge Military Academy Foundation over 17 acres of land in Wayne and is ending its eminent domain plan, writes Ryan Mulligan for Philadelphia Business Journal. The land is currently used by Valley Forge Military College. The Radnor Township Board of Commissioners had started eminent domain…
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Wayne Native Matt Freese Eyes Goalkeeper Spot in FIFA World Cup
Wayne native Matt Freese, a former Philadelphia Union player, is looking to debut with the U.S. Men’s National Soccer Team as a goalkeeper this summer in the FIFA World Cup, writes Chris O’Connell for Fox 29. Freese, who grew up in Wayne and attended Episcopal Academy in Newtown Square, is playing it cool. “The moment…
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First Bank House of the Week: Federal-Style Fieldstone Home in Wayne
A striking Federal-style fieldstone home at 658 Brooke Road on 2.12 lovely acres with five bedrooms and five and a half bathrooms is available for sale in Wayne. This remarkable residence combines historic character with refined sophistication, offering a timeless elegance encapsulating both warmth and grandeur. Refined details include reclaimed hardwood floors, exposed beams, dramatic…
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Wayne-Based Guardian Capital Partners Closes Fourth Fund With $441M
Wayne-based Guardian Capital Partners has closed its fourth fund, marking its largest raise by far since the firm launched in 2008, at $441 million, writes Jeff Blumenthal for the Philadelphia Business Journal. Co-founders of the leveraged buyout private equity investor focused on the lower end of the middle market, Peter Haabestad and Scott Evans, believe Guardian Capital Partners Fund IV…
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Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex into 162 apartments, writes Paul Schwedelson for the Philadelphia Business Journal. The partnership purchased the then half-empty property for $10.2 million, taking a calculated risk on whether a future conversion would be approved given the…
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Valley Forge Military College Pushes Back on Eminent Domain Idea
A decision by the Radnor Township Board of Commissioners to seize 17 acres of the Valley Forge military school campus in Wayne is not sitting well with the foundation that oversees Valley Forge Military College, writes Ryan Mulligan for Philadelphia Business Journal. “Now I know how Greenland feels,” said Valley Forge Military Academy Foundation…
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Di Bruno Bros. Pull Back Sad, But Not Surprising, Customers Say
Di Bruno Bros. customers will miss the three stores that are closing in Wayne, Ardmore, and Center City, but they aren’t surprised by the move, writes Denali Sagner and Michael Klein for The Philadelphia Inquirer. The gourmet food grocer decided to refocus its energy on stores at the Italian Market and Rittenhouse, as well as…
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