Northeast Philadelphia
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Northeast Philadelphia Airport Eyes Largest Municipal Solar Installation in City History
Northeast Philadelphia Airport may be on the verge of a significant green energy milestone that could set a new standard for how the city powers its public facilities. A proposed 1.5-megawatt solar farm, still awaiting City Council approval, would generate an estimated 3,000 megawatt-hours of electricity each year, enough to cover the airport’s entire operational…
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Northeast Philadelphia Airport Set for Upgrades After Receiving $1.4M in Federal Funding
Northeast Philadelphia Airport has received $1.4 million in federal funding, which will be used to administer several infrastructure upgrades, writes Cherise Lynch for NBC10 Philadelphia. The funding was presented by Congressman Brendan Boyle during a recent press conference via two checks. “This is the third busiest airport in the Commonwealth of Pennsylvania,” said Congressman Boyle. “So, this…
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Franklin Mall Goes Up for Sale, Several Options in Play for Property’s Future
Franklin Mall, Philadelphia’s largest outlet mall and the second largest in Pennsylvania, has been put up for sale, writes Emma Dooling for the Philadelphia Business Journal. JLL, the real estate firm marketing the mall for sale, has not listed an asking price for the property. With the 137-acre property now on the market, a number…
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Lawsuit Filed Against Company That Operated Medical Jet That Crashed in Northeast Philadelphia, Killing 8
A lawsuit has been filed against Med Jets, the company that operated the medical jet that crashed in Northeast Philadelphia on January 31, write David Chang, Ali Ingersoll, and The Associated Press for NBC10 Philadelphia. The crash killed eight individuals — all six on board and two others on the ground — and injured nearly…
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SEPTA’s Roosevelt Boulevard Subway Project Faces Further Uncertainty After Capital Funds Withdrawal
SEPTA, with approval from Gov. Josh Shapiro, used part of its capital funds to address a substantial $213 million financial shortfall and reinstate services that had been cut in recent weeks, write Thomas Fitzgerald and Erin Reynolds for The Philadelphia Inquirer. However, drawing from the Public Transportation Trust Fund is far from an ideal solution…
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New Court Filing Reveals How Much Medical Jet Crash in Northeast Philadelphia Has Cost Taxpayers
The City of Philadelphia has filed a new court document that unveils just how much the January 2025 medical jet crash has cost taxpayers, write Ryan W. Briggs and Dylan Purcell for The Philadelphia Inquirer. In response to an insurance provider’s complaint, Philadelphia attorneys said they are seeking to claim “no less than $2,555,897.58” for…
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Abandoned Philadelphia State Hospital Campus Finds New Life as Thriving Byberry Industrial Park
PIDC transformed the abandoned Philadelphia State Hospital campus into Byberry Industrial Park, a dynamic industrial and residential community, writes Rachel Hazzard for PIDC. This redevelopment has generated long-term economic impact for the city, creating new jobs, attracting investment, and providing more open space. Through decades of sustained investment and collaboration with the City of Philadelphia,…
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Despite SEPTA’s Budget Woes and Likely Service Cuts, Northeast Philadelphia Subway Push Returns
Even as SEPTA faces a deepening budget strain and the threat of major service cuts starting next month, the push to extend the subway into Northeast Philadelphia is gaining traction, writes Michael Tanenbaum for PhillyVoice. The idea was last considered in the early 2000s before interest faded. Now, the city and PennDOT are exploring potential…
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Northeast Philadelphia’s PCI Pharma Services Receives Massive Investment, Now Valued At $10B
PCI Pharma Services, the Northeast Philadelphia-based contract development and manufacturing company has received a multibillion-dollar investment that now values the company at $10 billion, writes Ryan Sharrow for the Philadelphia Business Journal. The new investment was co-led by two private equity firms: Bain Capital and Kohlberg. The latter has previously invested in PCI Pharma, while…
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Comcast Turns to New Technology, AI to Increase Internet Speeds for Philly Customers
Comcast has recently increased the maximum internet speeds available to its Philadelphia customers by leveraging new technology and artificial intelligence at its Northeast Philadelphia data center, writes Erin McCarthy for The Philadelphia Inquirer. According to Comcast executives, the majority of the company’s residential and business customers in the city now have access to “next generation…
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NTSB Provides Details on Jan. 31 Northeast Philadelphia Medical Jet Crash in New Report
Nearly six weeks after a medical jet crash claimed the lives of 7 people in Northeast Philadelphia, the National Transportation Safety Board (NTSB) has released a preliminary report that provides further details, writes Brian Brant for People. Among the key findings of the report is that the jet’s cockpit voice recorder didn’t record the crash…
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Waste Management’s New $40M Philadelphia Plant Boosts Recycling Efficiency for City, Surrounding Region
Waste Management’s new 57,860-square-foot Philadelphia Recycling Facility will be able to handle all of the city’s and part of surrounding suburban counties’ recycling needs, writes Frank Kummer for The Philadelphia Inquirer. The modern plant relies on optical sorters that are powered by artificial intelligence. These help separate waste into appropriate categories. Both the automation addition…
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Millstone Spirits Group Plans to Expand to Larger Facility in Northeast Philly, See Seven-Fold Production Increase
Millstone Spirits Group is working on expanding into a larger space in Northeast Philadelphia and increasing its annual spirits production by over 700 percent, writes Emma Dooling for the Philadelphia Business Journal. The 11-year-old Philadelphia company plans on moving into the new 35,000-square-foot facility before the end of the month. Millstone Spirits Group is the…
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Philadelphia Mills Owner in Talks to Surrender Mall to Debtholders
Simon Property Group, the owner of Philadelphia Mills, is currently in talks to surrender the Northeast Philadelphia mall after a loan on the property comes due, writes Emma Dooling for the Philadelphia Business Journal. Franklin Mills Associates, which is owned by a joint venture between Simon Property Group and Farallon Capital Management investment firm, is…
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Fox Chase Cancer Center Receives $10.8M Donation From Late Philanthropist, Cancer Research Champion
Fox Chase Cancer Center was recently gifted with $10.8 million, which will be used to support pancreatic cancer services and research, writes Sarah Gantz for The Philadelphia Inquirer. Specifically, the $10.8 million will support The Marvin and Concetta Greenberg Pancreatic Cancer Institute at Fox Chase, which was established in 2017. The donation comes from the…
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A New $40 Million Marina and Entertainment Complex is Being Planned For Northeast Philadelphia
Dana and Ron Russikoff, founder of Rodan Enterprises LLC, are planning to develop a new marina and entertainment complex along the Delaware River in Northeast Philadelphia, writes Emma Dooling for the Philadelphia Business Journal. The full-service marina with restaurants and yacht club would be located near the Tacony and Mayfair neighborhoods. The Russikoffs are well-versed…














































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