Plymouth Meeting
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Plymouth Meeting-based Inovio’s Immunotherapy Startup Raises $10.4M in Private Stocks
Geneos Therapeutics, the cancer immunotherapy startup that is a spinoff of Plymouth Meeting-based Inovio, has managed to raise $10.4 million in a private stock sale, writes John George for the Philadelphia Business Journal. According to Niranjan Y. Sardesai, the company’s co-founder and CEO, the latest stock sale was an extension of the company’s previous Series…
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Plymouth Meeting Real Estate Manager Invests $158M in Life Science Development Company
Plymouth Meeting-based CenterSquare Investment Management has made a $158 million investment in a San Diego company that develops life sciences real estate, writes Natalie Kostelni for the Philadelphia Business Journal. The real estate manager invested the funds in IQHQ as part of the real estate company’s $1.7 billion second round of funding. CenterSquare’s investment further…
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Hotel Hero: Thomas Murray, Chief Engineer and ‘Man of Extraordinary Honor’
The Valley Forge Tourism & Convention Board recognizes Thomas Murray, Chief Engineer at the Hampton Inn Philadelphia/Plymouth Meeting, as this week’s Hotel Hero. Nominated by Viveca Stinson, Director of Sales, Murray’s interest in engineering began when he was a young newlywed, and had to repair his home’s broken heater in the basement. Soon after that…
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Willow Grove, Plymouth Meeting Mall Owner Feeling Hopeful About Recovering After Filing for Bankruptcy
By Chris Isaac After PREIT filed for bankruptcy on November 1 they announced that this would be a move that would wind up revitalizing them. Now that the company has been approved for an expedited Chapter 11 approval on November 24, they have gone into more detail about how they plan to rebound in 2021.…
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Looking to Restructure, Willow Grove, Plymouth Meeting Mall Owner Files for Bankruptcy
By Chris Isaac After a tumultuous month where PREIT was trying to get all of their lenders to approve of a plan that would allow them to borrow $150 million, PREIT was unable to get unanimous approval and was forced to file for bankruptcy. PREIT previously stated they had over 80% of their lenders on…
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Plymouth Meeting-based Inovio Waiting for FDA Approval to Start COVID-19 Vaccine Trials
Plymouth Meeting-based Inovio Pharmaceuticals is waiting for approval from the FDA to start the next stage of trials for its COVID-19 vaccine candidate, INO-4800, writes Queen Muse for the Philadelphia Magazine. In April, the biotech company quickly became one of the frontrunners among organizations working on a COVID-19 vaccine after its candidate entered the human…
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French Company to Buy Plymouth Meeting-based Health Advocate for $690M
Teleperformance, headquartered in France, will acquire Plymouth Meeting-based Health Advocate, which is hired by businesses to help employees navigate health care, for $690 million, writes Harold Brubaker for The Philadelphia Inquirer. The European company is banking on the complexities of health insurance and medical care in the United States that are not expected to abate.…
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Hotel Hero: Ryan Cimei, General Manager
The Valley Forge Tourism & Convention Board recognizes Ryan Cimei, General Manager of the DoubleTree Suites by Hilton Philadelphia West, as this week’s Hotel Hero. Nominated by Ashley Ridolfi, Director of Sales and Marketing, Cimei has gone above and beyond since the start of the pandemic. “He has been assisting in every single department – working front…
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Willow Grove, Plymouth Meeting Mall Owner Says They May File for Bankruptcy to Get $150 Million Loan
Analysts have been speculating for a while now that PREIT, owner of the Willow Grove and Plymouth Meeting Malls, might be heading towards bankruptcy within a year’s time, especially after the lockdowns, and earlier this month when their trade value on the New York Stock Exchange sunk below one dollar. It appears those predictions may…
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Plymouth Meeting Artist Wins Disability Futures Fellowship
Carolyn Lazard, a Plymouth Meeting interdisciplinary artist, has been named one of the winners of the Disability Futures fellowship, writes Stephan Salisbury for The Philadelphia Inquirer. The fellowship is a new initiative from the Ford and Andrew W. Mellon Foundations that aims to increase the visibility of disabled artists nationwide. It consists of a $50,000…
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Hotel of the Week: Homewood Suites Philadelphia-Plymouth Meeting
With 80 world class hotels in Montgomery County, The Valley Forge Tourism & Convention Board spotlights the Homewood Suites Philadelphia-Plymouth Meeting as Hotel of the Week. Conveniently located off I-476 and I-276 in Plymouth Meeting, the Homewood Suites Philadelphia-Plymouth Meeting offers 100 spacious suites with full kitchens, perfect for those who need to make a…
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Santa Claus Will Be Visiting Local Malls This Year, But With a Sleigh Full of Restrictions
Santa Claus will be visiting local malls this year despite the pandemic, but they will implement various precautionary measures to ensure everybody stays safe, writes Parija Kavilanz for CTV News. Pennsylvania Real Estate Investment Trust, owner of Plymouth Meeting and Willow Grove malls, will keep Santa behind plexiglass. “It’s a plexiglass barrier and Santa in…
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LEGOLAND Welcomes Young Creators Back to Plymouth Meeting with Personal Brick Bags
Personal brick bags and other safety measures welcomed young creators at the reopened LEGOLAND Discovery Center Philadelphia in Plymouth Meeting, writes Matteo Iadonisi for 6abc. After closing for three months due to the coronavirus pandemic, the venue wanted to bring back its interactive, hands-on experience that is well known for offering the safest way possible.…
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Plymouth Meeting Mall Could Get New 11-Story Apartment Building
PREIT is proposing to develop an 11-story, 503-unit apartment building at Plymouth Meeting Mall, writes Kevin Tierney for the More Than The Curve. According to a Facebook post by Plymouth Township Councilmember Chris Manero, PREIT previously presented plans to develop the building on a parcel at Plymouth Mall for about 400 apartments during a workshop…
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Hank Stofko, Legendary Plymouth Whitemarsh Boys Basketball Coach, Dies at 93
Hank Stofko, the legendary Plymouth Whitemarsh High School boys basketball coach who led the team to 583 wins and the 1963 PIAA championship, died on September 27 aged 93, writes Mike Cabrey for the PA Prep Live. Stofko was the one who brought success to the boys basketball program. “He built the foundation,” said Al…
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Plymouth Meeting, Willow Grove Mall Owner Faces Being Delisted from Stock Exchange
By Chris Isaac The damage that COVID-19 has inflicted on the finances of PREIT, the parent company of malls in Plymouth Meeting and Willow Grove, continues to pile up, with their stock values now dipping dangerously low, as reported by Jacob Adelman of the Philadelphia Inquirer. PREIT’s trading price has sunk below $1, putting it…
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PREIT Revitalizes Willow Grove, Plymouth Meeting Malls with New Store Openings
By Chris Isaac With the pandemic having such a detrimental impact on businesses it can be easy to assume that there is nothing but bad news to be heard about retailers. However, PREIT is demonstrating that is not the case as they announce new stores opening at a variety of their malls, as stated by…
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Plymouthtowne Apartments Expanding with New Premiere Units
Plymouthtowne Apartments in Plymouth Meeting is expanding with newly built Premiere Apartments. The complex that up until now had 165 traditional one- and two-bedroom apartments has added 70 new Premiere units. These new additions feature one-bedroom homes with den and one and a half bathrooms as well as two-bedroom homes units with two bathrooms and…




































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