Commerce
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Real-Estate Group from Beantown Plans Facelift for KOP Office Building
Boston’s Roseview Group is planning a facelift for an office building in King of Prussia, writes Natalie Kostelni of the Philadelphia Business Journal. The Group bought 211 South Gulph Road, a 102,204-square-foot property for $21 million last year. It is looking to bring it up to a standard that would let it compete with nearby…
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Competing Fashion Outlets Make Montco Entrance
Big-name retailers are racing down the fashion runway to discount their latest trends, and Montgomery County shoppers are lining up at the finish line. Within a day of each other last week, the Metroplex and the Montgomery Mall each christened a brand new fashion outlet: Off 5th by Saks Fifth Avenue and Macy’s Backstage —…
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It’ll Be a Hoppy Summer in Ambler and Conshohocken, Hosts of Forthcoming Beer Gardens
Two new beer gardens are about to crop up in Montgomery County, one in Ambler, the other in Conshohocken, writes Michael Klein of Philly.com. The Lower Gwynedd Township Board of Supervisors recently approved the Ambler Yards Beer Garden at 300 Brookside Avenue. The garden will be open on Thursdays and Saturdays starting May 19 and…
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House of the Week: Phillies Slugger Ryan Howard’s Palatial Property in Blue Bell
Phillies first baseman Ryan Howard has placed his Blue Bell home on the market, perhaps anticipating his change of scenery that is sure to occur after his albatross of a multi-million, multi-year contract is up next season. Howard, who also has property in the city in Rittenhouse, tried to sell his Blue Bell home in…
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Lankenau Research Director Doesn’t Skip a Beat, Wins Heart Rhythm Society Award
Charles Antzelevitch, Executive Director of the Cardiovascular Research Program at Wynewood’s Lankenau Institute for Medical Research, was named the winner of the 2016 Douglas P. Zipes Lectureship Award from the Heart Rhythm Society. Dr. Antzelevitch was recently presented the award at a ceremony held during the 37th Annual Heart Rhythm Scientific Sessions in San Francisco.…
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Technology of KOP’s iCeutica Critical to Curbing Addiction to Pain Meds
King of Prussia’s iCeutica Inc. is licensing its SoluMatrix Fine Patricle Technology to a nearby pharmaceutical company that produces low-dose nonsteroidal anti-inflammatory drugs for pain relief, writes John Luciew of the Harrisburg Patriot-News. Iroko Pharmaceuticals, a global pharmaceutical company based in the Philadelphia Naval Shipyard, uses iCeutica’s technology to develop a suite of drugs as…
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Montgomery County Briefs: Sports Authority, Tompkins VIST Bank, Einstein Healthcare, and Tourism
Here’s a quick rundown of the news in Montgomery County: Sports Authority to Close Its Doors, Including Those in Abington Sports Authority, the popular national retail chain for new and used sports equipment, will close all of its more than 450 locations across the country as part of a bankruptcy filing. The sports retailer filed…
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Victrex Helps Produce Record-Breaking Lightweight Continuous Pipe
Expertise from West Conshohocken’s Victrex has helped Magma Global Ltd. develop a flexible m-pipe technology that can reduce exploration and production costs and help limit the hazards from subsea oil and gas systems, according to a staff report from Plastics Today. The lightweight continuous pipe is the largest and longest Victrex PEEK-based structure ever, capable…
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Valley Forge Tourism & Convention Board Enjoys Record Year
As its fiscal year comes to a close, the Valley Forge Tourism & Convention Board’s performance indicators are all on an upward trajectory. The 2015-16 year marks the first full year of leadership under Mike Bowman, President and CEO of the VFTCB, who was appointed as head of the destination marketing organization last spring. As…
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Gates of Stoneleigh Estate to Be Opened to the Public
The Stoneleigh mansion and 42 acres of beauty in Lower Merion Township will soon be home to a public garden protected by the Natural Lands Trust. Stoneleigh, a Haas family legacy since 1934, has been gifted to the 60-year-old regional conservation organization for the benefit of the community. Initial plans include the occupation of the…
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Regulators Snatch Keys of KOP’s Failed First CornerStone Bank
State and federal regulators have shut down the distressed King of Prussia-based First CornerStone Bank, writes Jeff Blumenthal of the Philadelphia Business Journal. First Citizens Bank & Trust Co., a subsidiary of Raleigh, N.C.-based First Citizens BancShares, have assumed all of First CornerStone’s $101 million in deposits and $103 million in assets. First Citizens will…
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Warmer Weather Brings Lighter Menu Items to Saladworks
As the warmer weather pushes jackets back in the closet, restaurants are adjusting their menus with a selection of lighter items such as seasonal salads and fish based dishes, writes Nation’s Restaurant News. “People are feeling like, I cannot hide under my parka anymore,” noted Patrick Sugrue, President and Chief Executive of Saladworks. “They are dressing…
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Bryn Mawr Bank Earnings Report Boosts Main Line Financial Pillar Above Angsts
A strong first quarter of earnings is helping the parent company of Bryn Mawr Trust rise above doubts surrounding the longtime local bank’s future. Bryn Mawr Bank Corp. has endured underperformance, accusations of compliance issues and an abrupt stock loss over the past year as it has attempted to assimilate the recent acquisitions of Davidson…
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Montgomery County Briefs: Entenmann’s, Willow Grove Fairfield Inn, National Philanthropic Trust, and ASTM Plastics
Here’s a quick rundown of the news in Montgomery County: Entenmann’s Expands Little Bites Line with Snack Bars Entenmann’s, whose corporate headquarters are located in Horsham, has announced a new extension to its popular Little Bites line. The new Little Bites Snackin’ Bites are portable, pre-packaged, soft baked mini bars for families’ on-the-go-needs. The new…
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Bryn Mawr Hospital to Break Ground on Patient Pavilion in Ceremony Today
Officials from the Bryn Mawr Hospital will break ground for a new patient pavilion in a ceremony today scheduled for 8:30 AM. The $200 million pavilion will be 200,000 square feet and will enhance the community for future generations. Other improvements to the hospital will include: All private patient Rooms Two new medical/surgical telemetry units…
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Bryn Mawr’s Knit Wit and Skirt Among Philadelphia Magazine’s Top Shops
In an age of Amazon, of big-box behemoths and, soon, of drones that will plop packages, stork-like, on doorsteps, Philadelphia Magazine compiled a list of the best independent boutiques that are redefining the shopping experience. Bryn Mawr’s Knit Wit and Skirt were two of the 50 recognized. The best stores are breathing new life into…
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Bike and Pedestrian Friendliness Are Big Factors for Home Marketability
Studies by the U.S. Census Bureau and the Urban Land Institute put walking and bicycling atop the list of alternatives to the automobile. Therefore, it should come as no surprise that bike and pedestrian friendliness are big factors in home marketability, writes Alan Heavens of the Philadelphia Inquirer. “While parking is still a valuable amenity,…
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The ‘New’ King of Prussia Championed as Walkable Suburbs
A recent report in Philadelphia Magazine championed King of Prussia and its adapting to the preferences of the millennial and baby-boomer urbanites as the model for a walkable suburb. LOCUS, an affiliate of Smart Growth America, is an advocacy group consisting of developers committed to producing more sustainable communities. It noted King of Prussia’s ability…
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