Philadelphia Business Journal
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Sales Jump for Lansdowne’s Forte3D After $250,000 ‘Shark Tank’ Deal
Lansdowne-based Forte3D $250,000 deal on “Shark Tank” is already translating into a noticeable uptick in sales one week after founder and CEO Alfred Goodrich appeared…
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CSL to Invest $1.5B in U.S. Growth Amid Restructuring and Local Layoffs
CSL, which has major operations in King of Prussia, announced plans to expand in the U.S., reports John George for the Philadelphia Business Journal. The…
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CHOP Opens Pediatric Care Office in Drexeline Town Center
Children’s Hospital of Philadelphia has opened a pediatric primary care office in a new medical building in the Drexeline Town Center in Drexel Hill, writes John…
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Philadelphia-Based Gopuff Raises $250M to Go Towards AI Investment, Expansion Plans
Philadelphia-based Gopuff recently raised $250 million, signifying the company’s strongest financial position in its nearly 13-year history, writes Ryan Mulligan for the Philadelphia Business Journal.…
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Greystone Hall in West Chester Sold for $6.5 Million
New York-based Mirbeau Hospitality Services has purchased the 44-acre Greystone Hall in West Chester for $6.5 million, and intends to transform it into a luxury…
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Wilmington Fliers Gain Two New Avelo Airlines Nonstop Destinations
Local travelers are gaining two new options with Avelo Airlines, which will be adding nonstop services from Wilmington to Atlanta and Chicago early next year,…
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Temple University Moving Forward with $35 Million Terra Hall Renovations
Temple University is moving forward with plans to turn Terra Hall on South Broad Street into a vibrant hub for education, collaboration, and innovation, writes…
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Former Famous Dave’s CEO Targets Multiple Iron Hill Brewery Sites, Including Newtown Location
Jeff Crivello, the former CEO of Famous Dave’s, plans to buy ten Iron Hill Brewery & Restaurant locations, including the one in Newtown, writes Emma…
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Historic William Peters House in Chadds Ford Hits Market for First Time in Six Decades
The historic William Peters House in Chadds Ford which traces its roots back to before the Revolutionary War has hit the market for the first…
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Former Landhope Dairy Farm in Kennett Square to Become New Wedding Venue
Jeffrey A. Miller Hospitality Group is partnering with the owners of the former Landhope dairy farm on a $6 million adaptive reuse project to transform…
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Top-Selling Karen Strid Team Makes Move to Compass from Berkshire Hathaway
Karen Strid has moved her top-selling Main Line team from Berkshire Hathaway HomeServices Fox & Roach to Compass, writes Ryan Mulligan for the Philadelphia Business…
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Wayne-Based Berger Development Breaks Ground on $40 Million Trolley Square Apartments
Berger Development, based in Wayne and part of Berger Communities, recently broke ground on Trolley Square Apartments in Wilmington, writes Ryan Mulligan for the Philadelphia…
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Pottstown Hospital Faces Cutbacks as Tower Health Tightens Operations
Tower Health announced plans to eliminate about 350 positions, roughly 3% of its workforce, and close select programs in an effort to remain financially stable,…
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TD Bank Announces 51 Branch Closures, Including a Bucks County Location
As part of a move toward a digital-centric retail model, TD Bank intends to close 51 branches across 12 states, including one in Bucks County,…
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PHL Flight Cancellations Increase, but Sunday TSA Lines Were OK
Flight cancellations at Philadelphia International Airport have been accelerating since the Federal Aviation Administration started ordering flight cuts on Friday in response to the federal…
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West Chester-Based QVC’s Third Quarter Report Prompts Debt Load Concerns
West Chester-based QVC Group reported an $80 million loss in the third quarter, triggering a drop in its share price of almost 40 percent, writes…
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Ten Penn Center Sold in $30M Deal, Conversion Project to Follow
The sale of Ten Penn Center is now complete, closing a $30 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. PMC Property Group…
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A Tale of Two Hospitals: Still Stalled in Springfield, but Progress at Taylor
Springfield Township officials continue to question the lack of plans for the shuttered Springfield Hospital by its new potential buyers, Restorative Health Foundation and Syan…
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