Center City
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McGillin’s: New Documentary Tells the Story of Philly’s Oldest Bar
Philadelphia’s oldest operating tavern just became the star of its own streaming documentary, and the result is less a film about a bar than a film about the city itself. McGillin’s: Philadelphia’s Oldest Bar, a 42-minute documentary from South Philadelphia filmmaker Eric Carosella, debuted on WHYY and is now streaming on PBS Passport, writes Mike…
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Philadelphia’s Braithwaite Communications Acquired By Atlanta-Based Arketi Group in Major PR Deal
Braithwaite Communications, a longtime Philadelphia-based public relations and marketing agency, has officially been acquired by Atlanta-based Arketi Group, writes Jeff Blumenthal for the Philadelphia Business Journal. This acquisition marks a significant shift in Philadelphia’s communications landscape. Founded in 1998 by Hugh and Carolyn Braithwaite, the firm has built a reputation in Philadelphia for strategic storytelling,…
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Historic Boyd Theatre Marquee At Risk As Owner Seeks to Modernize Philadelphia Landmark
The Boyd Theatre has survived closure, a preservation battle, and the demolition of most of its auditorium, but now its iconic marquee may be next to go. Pearl Properties, which owns Philadelphia’s last great downtown movie palace, wants to remove the theater-style marquee and modernize the recessed storefront, writes Jake Blumgart for The Philadelphia Inquirer.…
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French Food Giant Bonduelle Americas Chooses Philadelphia for New Growth Hub
French food giant Bonduelle Americas has chosen to plant roots in Philadelphia, betting that the city has what it takes to fuel its American ambitions in the booming plant-based food market, writes Paul Schwedelson for the Philadelphia Business Journal. Philadelphia was ultimately chosen as the destination for its new growth hub after evaluating more than…
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Chubb’s New $380 Million Center City Office Tower Is Redefining the Future of Office Work
Chubb’s new 348,000-square-foot tower at 2000 Arch Street represents more than just a new headquarters, but rather offers a glimpse into the future of Philadelphia’s office market and Center City development, writes Paul Schwedelson for the Philadelphia Business Journal. The 18-story, LEED Platinum-certified tower is part of a roughly $380 million investment that will bring…
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Inside A Philly Architect’s Mission to Revive Market East Through A Rethinking of Retail
Market East, like many commercial corridors in Philadelphia and throughout the nation, has seen an increasing amount of empty storefront. With e-commerce becoming a more prevalent entity, it’s forcing those in the retail industry to find new ways of thinking about retail. This summer, six pop-up storefronts will be opening up at Market East as…
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Demand Outpaces Supply as Center City Apartment Vacancy Falls
Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul Schwedelson for the Philadelphia Business Journal. “There’s certainly tremendous amount of demand for people to live here in Center City,” said Alterra Property Group Principal Connor Burke. “We’ve seen that…
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Philadelphia Parking Authority Unveils New Transportation Center, Set to Officially Open May 1
Philadelphia residents, travelers, and visitors will soon have a new transportation center to go to at the site of a shuttered bus terminal in Center City, writes Hayden Mitman for NBC10 Philadelphia. Set to officially open on Friday, May 1, the Philadelphia Park Authority’s new transportation center is the culmination of a yearslong ordeal. After…
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Center City Retail Rebounds, But Still Short of Pre-Pandemic Peak
Vacant retail spaces in Center City have declined in recent months, but occupancy still remains below the pre-pandemic peak in 2019, writes Ariana Perez-Castells for The Philadelphia Inquirer. According to a new survey released by Center City District, 84.2 percent of retail spaces in Center City are currently filled, an improvement from six months ago…
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One of Nation’s Largest Search Firms Acquires Philadelphia-Based Howard Fischer Associates
Howard Fischer Associates, a Philadelphia executive search firm, has been acquired by executive search firm giant ZRG, writes Jeff Blumenthal for the Philadelphia Business Journal. According to founder and CEO Howard Fischer, while he wasn’t necessarily looking to sell, when taking into account his business plan for the future, the firm saw a need to…
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Iron Hill Brewery Location in Center City Set for April 19 Reopening
Iron Hill Brewery is getting back on its feet just seven months after filing for bankruptcy and abruptly closing all its locations, as its first reopening is just days away, writes Erin McCarthy for The Philadelphia Inquirer. The location on Market Street in Center City is set to reopen at noon on Sunday, April 19.…
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Drexel’s Center City Medical Office Building Could Become 90 Apartments Under New Owner
Drexel University has a deal in place to sell a Center City medical office building that already has permits approved for conversion into apartments, writes Ryan Mulligan for the Philadelphia Business Journal. The Arnold T. Berman Building is already under agreement, according to a Drexel spokesperson, although the university did not provide any further details.…
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Historical Society of Pennsylvania Remembers Pope Francis’ 2015 Philly Visit, Thanks to Collection of Souvenirs
In 2015, Pope Francis made a historic visit to Philadelphia. Upon that visit, the director of the Historical Society of Pennsylvania, Lee Arnold, made sure to find and collect as much memorabilia as possible to document that visit, writes Peter Crimmins for WHYY. The souvenirs collected include 3D photos of the Pope, “I [heart] the…
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WSJ: Philadelphia Startup Raises $30M Towards Mission to Transform Rail Industry
Philadelphia startup Voltify, which was founded on the vision of transforming the rail industry by decarbonizing it, has raised $30 million in seed funding towards that mission, writes Rhiannon Hoyle for The Wall Street Journal. With the new funding, the startup will be able to conduct a paid pilot with a Class 1 railroad to…
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Historic Witherspoon Building in Center City to Become 186-Unit Apartment Complex
After serving as Presbyterian Church offices and later as short-term rentals, the historic Witherspoon Building in Center City is being turned into a 186-unit apartment complex, writes Jake Blumgart for The Philadelphia Inquirer. SSH Real Estate, which owns the 11-story building that dates back to 1896, decided to discontinue short-term rentals after hospitality operator Sonder…
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New Report Details Who Has Been Moving Into Center City’s New Apartment Buildings
Center City has seen a major influx of new apartments in recent years and a new report breaks down the demographics of the individuals who have been moving into them, writes Molly McVety for PhillyVoice. A recent survey published by the Center City District shows that Philadelphia has been attracting many new residents from other…
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Philadelphia Hotel Rises 116 Spots in Annual Ranking, Two Others Drop Considerably
U.S. News & World Report has released its latest annual ranking of the top 100 hotels in the nation, and while the region had a weaker performance than year’s past, one Philadelphia hotel moved up considerably, writes Emma Dooling for the Philadelphia Business Journal. The Four Seasons Hotel Philadelphia moved up 116 spots from No.…
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Long-Vacant LOVE Park ‘Flying Saucer’ Could Soon Gain New Life By This Spring
The Love Park Welcome Center, the Philadelphia landmark, has been vacant for over a decade, but that could soon change by the spring, writes Tom MacDonald for WHYY. The “flying saucer” closed in 2021 when LOVE Park underwent a complete renovation. At the time, the post-renovation plan was for the structure to become a restaurant.…
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