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See Which Local Towns Are Among Top Five Hotspots for Homebuyers in Montco
Three Montgomery County towns are among the top five hotspots in the Philadelphia area where homebuyers are most focused to start 2021, writes Prevu Real Estate for the Philly Voice. . . Conshohocken, which sits on the Schuylkill River shores, has been attracting both first-time homebuyers and veteran homeowners. Among the many advantages this picturesque…
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Conshohocken-based IKEA Adds Stylish Tiny Homes to Its Offerings
IKEA, the Swedish home furnishings giant with its U.S. headquarters in Conshohocken, has added stylish tiny homes with eco-friendly features to its offerings, writes Jessica Poitevien for the Travel + Leisure. Despite its compact size, the company’s new product does not sacrifice any of the usual luxuries or comforts. To design the home’s features, IKEA…
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Keystone Property Group Sells Stake in AmerisourceBergen’s Future HQ in Conshohocken for Close to $340M
Keystone Property Group has sold a preferred equity stake in AmerisourceBergen’s future headquarters in Conshohocken to PRP Real Estate Investment Management for nearly $340 million, writes Natalie Kostelni for the Philadelphia Business Journal. PRP now owns 89 percent interest in the 429,122-square-foot headquarters, while Keystone Property Group controls the remainder. “It was one of the…
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Narberth, Lower Merion Suing State Over Law That Blocks Them from Banning Plastic Bags
On Wednesday Narberth, Lower Merion, and nearby West Chester submitted a lawsuit against Pennsylvania over a law that is preventing them from enacting or enforcing bans on plastic bags, writes Laura McCrystal for The Philadelphia Inquirer. Last May, Republican state lawmakers included a provision in a budget bill that blocks municipalities from banning single-use plastics,…
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Owner Slashes Price of Gladwyne Mansion That Has Been on Market for Five Years by $4M
A Gladwyne mansion with an indoor pool that has been on the market for five years has received another price cut, this time of $4 million, writes Kennedy Rose for the Philadelphia Business Journal. . . The property was originally listed for $28 million in July 2016. Since then, the price has been cut several…
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Here’s How the Pandemic Affected Philadelphia International Airport, by the Numbers
Around this time in 2019, Philadelphia International Airport was experiencing record high passenger volume. The 2020 travel data looks a lot different, with passenger travel down 64 percent compared to 2019, writes Laura Smythe for Philadelphia Business Journal. In 2019, 33 million travelers went through the airport, an all-time annual record. In 2020, it was…
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Sisterly Love Citywide Food Fair Heads To Downtown Ardmore For Women’s History Month
Shop Small, Shop Local, Shop Female! The Sisterly Love Food Fair celebrates Women’s History Month with its first ever pop-up on the Main Line and in the Philadelphia Suburbs. On Saturday, March 6th, Ardmore Initiative and Restaurant Marokko welcomes the Fair to Schauffele Plaza in Downtown Ardmore from 12 Noon to 2:00pm with dozens of…
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Project to Restore Rail Service to West Chester ‘Already on Track’ and May Soon Be ‘Full Steam Ahead’
The proposed rail service to West Chester would be beneficial to the community in multiple ways, including solving the long-standing issue of clogged streets and parking garage occupancy, writes Jordan Norley, West Chester’s new mayor, for the Daily Local News. It would also allow for future sustainable growth while providing a compelling solution to the…
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Merck Joins Forces with Fierce Rival Johnson & Johnson to Help Make Its Single-Shot COVID-19 Vaccine
Merck, the pharmaceutical giant with significant operations in Montgomery County, has joined forces with fierce rival Johnson & Johnson to speed up production of its single-shot COVID-19 vaccine, write Christopher Rowland and Laurie McGinley for The Washington Post. This unusual pact has been brought about by President Joe Biden’s push to have enough shots for…
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Malvern Bank House of the Week: 10+ Acres of Luxury and Solitude in Tranquil Meadowbrook Manor House
Luxury and privacy abound in this beautiful house beginning with the winding driveway, showing picturesque views. Welcome home to your magnificent estate on 10+beautiful acres. Offering true luxury, privacy, and space for the family at its finest, situated in a tranquil setting. . . The winding driveway welcomes you, flanked by picturesque ponds that lead…
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Community Health & Dental Care Welcomes Physical Therapist Candice Troilo, DPT
Community Health & Dental Care (CHDC) welcomes its newest Physical Therapy provider, Dr. Candice Toilo, DPT, to the Pottstown health center location at 351 W. Schuylkill Road, Suite G-15A, Pottstown, in the Coventry Mall. “Dr. Troilo is a huge asset to CHDC,” says Dr. Matthew Musket, CHDC Physical Therapist. “She is a great example of…
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Pottstown Hospital’s Tower Health Receives Massive Credit Downgrade from Fitch Ratings
Tower Health, which owns Montgomery County’s Pottstown Hospital, received a three-tier credit downgrade from Fitch Ratings on Monday, writes Harold Brubaker for The Philadelphia Inquirer. The credit rating agency cited the nonprofit’s average monthly losses of $14 million as the reason for its massive downgrade and warned that future multi-notch downgrades could follow if Tower…
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Former Real Estate Mogul and Heir of Jenkintown Metals Business Looking to Raise $230M for ‘Blank Check’ Companies
Nicholas Schorsch Jr., the heir to a Jenkintown metals business and former real estate mogul, is looking to raise $230 million from a “blank check” initial public stock offering, writes Joseph N. DiStefano for The Philadelphia Inquirer. Schorsch built a $30 billion real estate empire from his Montgomery County offices before an accounting scandal that…
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King of Prussia-based Morgan Properties ‘Continues to Play Offense,’ Acquires Portfolio of 48 Apartment Communities for $1.7B
King of Prussia-based Morgan Properties, the nation’s largest private multifamily owner, and Olayan America have acquired a 14,414-unit apartment portfolio across the Midwest for $1.7 billion from a joint venture between El-Ad National Properties and Yellowstone Portfolio Trust, writes Kristin Hiller for Rebusiness Online. The North Star Portfolio consists of Class B assets in 11…
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Valley Forge Tourism and Convention Board President and CEO as well as Board Member Named to Philadelphia Business Journal Power 100 for 2021
Mike Bowman, president and CEO of Valley Forge Tourism and Convention Board, as well as Chris Molineaux, a VFTCB board member, have been named to the Philadelphia Business Journal Power 100 for 2021 list. Bowman has been recognized by the Power 100 for the second time after once again exhibiting the strength of his leadership…
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Couple Finds Perfect Trade-up for Their Cramped Queens Rental in King of Prussia
Gabe Rodrigues and Travis McQuoid found the perfect trade-up for their cramped Queens rental in King of Prussia amid the pandemic, writes Sandy Smith for the Philadelphia Magazine. The pair moved to the area for work, but wanted to maintain a walkable urban living experience. “We didn’t want to have to commute down the Schuylkill,”…
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Philadelphia’s Italian Gourmet Icon, Di Bruno Bros., Opening in Wayne
Di Bruno Bros. the well-known family-owned Philadelphia Italian gourmet cuisine business, is opening in April in downtown Wayne, writes Molly Given for philly.metro.us. The store will open at 375 W. Lancaster Ave. in the Strafford Shopping Center. Di Bruno’s is a staple in Philadelphia, with its gourmet cheeses, made-to-order sandwiches and hand-made baked goods.…
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MCCC and York College of Pennsylvania Create RN to BSN Pathway for Nurses
Montgomery County Community College recently collaborated with York College of Pennsylvania to create a convenient, cost-effective pathway for MCCC nursing graduates to continue their education and earn their Bachelor of Science in Nursing degree. York College’s online RN to BSN Program provides registered nurses the opportunity to complete their BSN in as few as 12…
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