Economic Development
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Time to ‘Reach’ (Climbing and Fitness) for the stars!
How high can you climb? There are a million metaphors for how far we can push ourselves and how high we want to go in life, but now you can get past the hyperbole and literally see how high you can climb at the new Reach Climbing and Fitness Center sitting on the edge of…
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Keynote speakers confirmed for Pottstown Investors Conference
Planners for the Third Annual Pottstown Investors Conference on Friday, April 12 (see details below) have confirmed and funded the participation of two notable keynote speakers who were highly recommended by Don Chen, president of the nationally esteemed Surdna Foundation. Based in New York City, Surdna is an organization which, according to its mission, “seeks…
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Manor College hosts Innovation and Ambition in Montgomery County
New ideas and the drive to get there were the focal points of a high-profile panel discussion at Manor College in Jenkintown. Innovation and Ambition in Montgomery County was a networking event with industry leaders that discussed how how tourism and higher education are adjusting to the changing marketing landscape, new strategies and ideas for…
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A $200 Million theme park may be coming to Delco
Sun Center Studios is hoping to bring a Universal Studios-style theme park estimated at $200 million to Aston, writes Natalie Kostelni for the Philadelphia Business Journal. Sun Center Studios, which has hosted the filming of Creed and a number of other movies, opened eight years ago as Pennsylvania’s first dedicated film and television production studio.…
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Housing boom continues in King of Prussia
A major housing development has been proposed for King of Prussia on an 80-acre parcel of land. Development in the area is continuing at a rapid pace. It is believed to be one of the last large undeveloped properties in the area. Glasgow Inc. owns the 80-acre property known as Glasgow Tract. The property is…
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Montco designated 2nd most prosperous place to live in PA
Ten years after the Great Recession ceremoniously came to an end in 2009, most metrics show America’s economy has not only been nursed back to health, but continues to grow stronger. While the United States as a whole is returning to an age of economic prosperity, some parts appear to be stuck in the same…
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Philadelphia’s suburban developers look to the future
The suburbs of Philadelphia are beginning to catch up with the demand from multifamily households. The real estate community is going with a long term approach to the suburbs, looking past the immediate downturns of the markets and focusing their attention on future market cycles. The real estate community is looking further into the future…
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Aldi named Retailer of the Year by trade magazine
ALDI was named 2019 Retailer of the Year by Store Brands Magazine, which covers the private brands industry in retail grocery. ALDI has 3 retail locations in Montgomery county with another on the way in King of Prussia. Based in Batvia, Illinois, ALDI Supermarket company is making a huge impact in the grocery industry. They…
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Payless ShoeSource Inc. to close 2,300 stores nation-wide
U.S. discount footwear retailer Payless ShoeSource Inc. intends to file for bankruptcy later this month, the second time in two years. They will be closing about 2,300 stores nationwide. Payless ShoeSource Inc. has 4 retail locations in Montgomery County that will be closing their doors. Locations include the King of Prussia Mall and Northetowne Plaza.…
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MONTCO.Today sponsoring Bisnow’s “Future of the Philadelphia Suburbs”
A venue for the “Future of the Philadelphia Suburbs” forum has been announced by Bisnow. The Bellevue Hotel, 200 S. Broad St., Philadelphia will be the site of the event, which will explore “How to make the ‘Burbs the ultimate live, work, play destination,” on Feb. 28, beginning at 7:30 a.m. [uam_ad id=”54865″] MONTCO.Today is…
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Discount stores perpetuate poverty, study says
While some of us get excited about the prospect of snatching up a small item for just a dollar, the proliferation of ‘dollar stores’ have an underlying effect on the health and welfare of some segments of society.Here’s the scenario. A company moves into an economically depressed area and opens up a discount, or dollar…
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Developers have big plans for Norristown
During a special council session at Norristown Municipal Hall, developers and consultants laid out the groundwork for their plans and projects for Norristown. Director of Planning and Municipal Development Jayne Musonye introduced new Municipal Planner Geoffrey Grace of Grace Planning Associates. Grace told council members he is looking forward to bringing great new developments to…
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TriCounty Area Chamber hears about Grow PA initiative
We’re living in an age where evolving is key to moving forward. And that’s exactly what area businesses are seeking to do with a bit of legislative help. Business leaders from the across the tri-county region had the opportunity last week to hear from Rob Wonderling, the president and CEO of the Chamber of Commerce…
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Forbes: Living in Philadelphia’s suburbs twice as expensive as the city
The assumption that living in the suburbs is cheaper than living in the city is not true for many places across the country, including Philadelphia, writes Heather Senison for Forbes. A new report from Zillow shows that it’s almost twice as expensive to live in Philadelphia’s suburbs than in the city. [uam_ad id=”54865″] In the…
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Limerick keeps housing rehab program alive for another year
Despite rising administrative costs, the Limerick Supervisors have decided to keep alive for at least one more year a federally funded housing rehabilitation program that has helped township residents for more than 20 years. Escalating administrative costs are causing the township to spend its own money to meet the demands of the red tape, he told…
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Job growth in the suburbs taking off at Philadelphia’s expense
Job growth has started to accelerate in the suburbs, and it is coming at the expense of Philadelphia. The suburbs emerging as the new job engine is a reversal of what has occurred during the past eight years as the economy expanded nationally and locally, writes Natalie Kostelni at bizjournals.com. [uam_ad id=”54865″] There’s now a…
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Collegeville’s Allied Wire and Cable honored in Washington for exports
Allied Wire & Cable has been recognized with the Presidential “E” Star Award for Exports. Allied co-owner and co-president Tim Flynn traveled to Washington, D.C. May 22 to receive the award, presented by U.S. Secretary of Commerce Wilbur Ross. Forty-three companies and organizations from across the country were recognized with the President’s “E” and “E”…
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Upper Dublin Township wins governor’s award for economic revitalization
On behalf of Governor Tom Wolf, Department of Community and Economic Development (DCED) Secretary Dennis Davin today recognized municipalities and local government officials for their dedication and commitment to strengthen their communities and better serve their residents, according to a press release submitted by the governor’s office. “More than any other level of government, our…
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