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House of the Week: 1920s Farmhouse-Turned-Residence in Hatfield
Do you believe in powers of feng shui and the precept that house is a machine for living? Originally built in the 1920s as a bungalow that served as a farmhouse for a large Hatfield farm, this contemporary house at 2419 E. Vine Street was bought and re-designed by a local modern architect in 1972.…
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Lankenau Unveils Wellness Farm
There couldn’t have been a more-appropriate day than Earth Day for Wynnewood’s Lankenau Medical Center to officially unveil its Delema G. Deaver Wellness Farm, writes John George of the Philadelphia Business Journal. It’s the only hospital-based wellness farm in Greater Philadelphia. “Creating and maintaining the Delema G. Deaver Wellness Farm, in collaboration with Greener Partners,…
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Unisys Reports Almost $40 Million in First-Quarter Losses
Unisys, the Blue Bell-based information technology service provider, recently reported a loss of $39.9 million in its first quarter, writes Jeff Blumenthal of the Philadelphia Business Journal. The company lost 80 cents per share. In the first quarter last year, it lost 87 cents per share for a total of $43 million. “Our first quarter…
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At Forefront of Fitness Revolution, Peloton Coming to KOP Mall
Peloton may be at the forefront of a fitness revolution. The New York City-based company founded in 2012 that designs at-home spin bikes that streams live group fitness classes is coming the week of May 2 to the King of Prussia Mall, writes Adjua Fisher of Philadelphia Magazine. Peloton’s bikes come with a 22-inch, sweat-proof…
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With Montco Footprint, GSK Allies with Discovery Institute in Name of Neuroscience
GlaxoSmithKline, the London-based pharmaceutical company with an operation in Montgomery County, will ally with the Sanford Burnham Prebys Medical Discovery Institute in La Jolla, Calif., all in the name of neuroscience, writes John George of the Philadelphia Business Journal. The tandem will study brain function and ways to potentially reverse or slow down neurodegeneration. According…
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Einstein Healthcare Taking Over King of Prussia Building Vacated by CHOP
The Einstein Healthcare Network is slated to open a $5 million outpatient care center this summer in a King of Prussia building vacated by the Children’s Hospital of Philadelphia, writes John George of the Philadelphia Business Journal. CHOP left the site on Mall Boulevard after opening a $65 million, 135,000-square-foot specialty care center on Goddard…
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U.S. News & World Report: Lower Merion and Lower Moreland Top Public High Schools in County
Taxpayers in the Lower Merion and Lower Moreland Township school districts, particularly those with school-aged children, can rest easy, knowing that the money they’re spending in taxes is worth every penny. The U.S. News & World Report, in conjunction with North Carolina-based RTI International, a global nonprofit social science research firm, released its 2016 rankings…
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Urban Outfitters Will Cluster Four of Its Brands at KOP Mall
Urban Outfitters is set to offer four of its brands next to each other on the same level at the King of Prussia Mall, writes Suzette Parmley of the Philadelphia Inquirer. The Philadelphia-based, multinational clothing company’s newly leased space of 40,000 square feet is in the mall’s Pavilion just across from the namesake Urban Outfitters,…
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KOP’s eBay Enterprise Adopts Radial as New Company Name
A King of Prussia-based, retail-logistics company of more than 7,500 employees has reincarnated yet again. After five years as eBay Enterprise, the company founded as GSI Commerce is back as an independent firm with a new name, Radial, writes Joseph DiStefano of the Philadelphia Inquirer. “We were the smallest business unit in a big public…
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Naf Naf Grill, Restaurant Chain Serving Middle Eastern Food, Coming to KOP
Chicago-based Naf Naf Grill – known for its Middle Eastern food like falafel and shawarma – will be opening a restaurant at the upcoming King of Prussia Town Center, writes Kenneth Hilario of the Philadelphia Business Journal. Naf Naf Grill will continue its East Coast penetration by opening in Malvern, at Route 29 and Atwater…
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Horsham’s Toll Brothers Creates $400 Million Venture to Provide Capital to Builders
Toll Brothers, the Horsham-based builder of luxury homes, has created a $400 million venture with an unnamed institutional investor to provide builders and developers with land banking and joint venture capital, writes Jeff Blumenthal of the Philadelphia Business Journal. The company said in a statement that the partnership will be managed by Toll subsidiary Gibraltar…
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Thrillist: Wayne Is Philadelphia’s Coolest Suburb
The editors of Thrillist, the premier site for Millennials trying to figure out what to do with their money, chose Wayne as the coolest suburb in the Philadelphia region, writes Sandy Smith of Philadelphia Magazine. Thrillist picked what it calls the coolest suburb in each of America’s 35 biggest metro areas. “When we undertook this…
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KOP Mall Connector Almost Complete
Two are about to become one. A $150 million project that connects both ends of the King of Prussia Mall is expected to be completed in about four months, writes Natalie Kostelni of the Philadelphia Business Journal. According to Kostelni, many of the tenants who signed leases on the new space created by the 1,300-foot…
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State’s Transportation Secretary and Former Whitemarsh Supervisor Uses High-Tech Solutions for Old Problems
In a state where ancient infrastructure and dense development can make big transportation projects impossible, Pennsylvania transportation secretary Leslie Richards likes thinking about high-tech solutions to old problems, writes Jason Laughlin of the Philadelphia Inquirer. The Pennsylvania Department of Transportation manages 40,000 miles of roads and 25,000 bridges and oversees rail, ports, freight, and aviation.…
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Valley Forge Tourism & Convention Board Makes It Easier to Find a Seat at the Table
Montgomery County is home to some of the finest culinary skills in the Mid-Atlantic, with an array of more than 500 county-wide restaurants, and our local menus represent true artistry in the kitchen. The Valley Forge Tourism & Convention Board has launched an initiative to make it easier for patrons to find a seat at…
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Montco’s 4.2 Percent Unemployment Rate Much Lower than State Average
The Pennsylvania Department of Labor & Industry and its Center for Workforce Information & Analysis recently released an employment situation report, and it speaks to how well Montgomery County is doing relative to the other counties in the state. Three of perhaps the biggest indicators of Montgomery’s County’s prosperity are Its per capita personal income…
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Obama Endorses Montco Commissioner for Attorney General
Montgomery County Commissioner Josh Shapiro is running a new online ad featuring President Barack Obama touting him for the position of Attorney General, writes Nick Field of the Philadelphia Business Journal. “I’m proud to endorse Josh Shapiro for Attorney General,” Obama states in the 15-second spot. “He’ll keep fighting to get illegal guns off our…
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Rothman Institute to Upgrade Office Building in Blue Bell
Rothman Institute, the orthopedic-care provider, and Carlino Commercial Development have purchased an office building in Blue Bell, and are planning to spend $4.3 million in upgrades, writes Jacob Adelman of the Philadelphia Inquirer. The 88,000-square-foot building is located at 510 Township Line Road. The announcement comes on the heels of the March 16 purchase of…
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