Wayne
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122-Year-Old ‘Ravenscliff’ Mansion in Wayne Lists For Millions
In Wayne, a 122-year-old mansion deemed Ravenscliff is on the market for $11.875 million. With only two previous owners, who will be the third to grace the halls of this expansive property? Jonathan Diamond has the details at the Philadelphia Business Journal. It was originally built on a 126 acres in 1904 for railroad magnate…
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Best Bakeries in Montgomery County: From Bryn Mawr to Elkins Park to Wayne and Ardmore
There is no better way to satisfy that sweet tooth than fresh cookies from a hometown bakery. Hira Qureshi compiled a list of the best Philadelphia-area bakeries for The Philadelphia Inquirer. Many of them are right here in Montgomery County. The Bakery House 604 W. Lancaster Ave., Bryn Mawr, Pa. 19010 The Bakery House has…
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One Year In, This Wayne Vet Facility Is Changing the Way Chester County Families Care for Their Pets
If you’ve ever faced that moment — your pet isn’t okay, but you’re not sure it’s a full emergency — you know exactly why Metropolitan Veterinary Urgent Care and Specialty (MVUCS) exists. The Wayne location is part of a growing network of hospitals within the MVA Family of Hospitals, giving pet owners access to a…
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Wayne-Based Teleflex Pressured by Activist Investor to Consider Acquisition Offers
Irenic Capital Management is pushing Wayne-based Teleflex to evaluate potential acquisition offers and replace Dr. Stephen Klasko in his role as chairman, writes John George for the Philadelphia Business Journal. The activist investor sent a letter last week to the medical device company’s board, urging it “to immediately take a more constructive and responsible approach to evaluating strategic alternatives.” …
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Wayne’s Radian Group to Lay Off 50 in Mortgage Unit Wind-Down
Radian Group, based in Wayne, plans to lay off around 50 employees as it shuts down its mortgage conduit business, writes Jeff Blumenthal for the Philadelphia Business Journal. Strategic options for the mortgage insurer’s title and real estate services units will also remain under consideration. “We are actively exploring opportunities for affected employees both within Radian and…
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Radnor Nixes Eminent Domain for Valley Forge Military College Land
Radnor Township has reached a deal with the Valley Forge Military Academy Foundation over 17 acres of land in Wayne and is ending its eminent domain plan, writes Ryan Mulligan for Philadelphia Business Journal. The land is currently used by Valley Forge Military College. The Radnor Township Board of Commissioners had started eminent domain…
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Wayne-Based Guardian Capital Partners Closes Fourth Fund With $441M
Wayne-based Guardian Capital Partners has closed its fourth fund, marking its largest raise by far since the firm launched in 2008, at $441 million, writes Jeff Blumenthal for the Philadelphia Business Journal. Co-founders of the leveraged buyout private equity investor focused on the lower end of the middle market, Peter Haabestad and Scott Evans, believe Guardian Capital Partners Fund IV…
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Historic Wayne Estate Tied to John F. Kennedy Campaign Lists for $5 Million
Fairhill, a stunning Wayne home believed to have hosted a campaign speech by former President John F. Kennedy, is now on the market for $5 million, writes Ryan Mulligan for the Philadelphia Business Journal. Completed in 1903, this five-bedroom, six-bathroom stone residence spans 6,155 square feet and was designed by renowned Philadelphia architect Wilson Eyre,…
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Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex into 162 apartments, writes Paul Schwedelson for the Philadelphia Business Journal. The partnership purchased the then half-empty property for $10.2 million, taking a calculated risk on whether a future conversion would be approved given the…
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Gardener’s Delight Winter Workshop Brings Free Hands On Learning to Wayne
Chester County residents with a green thumb, or plans to grow one, have a winter date worth circling. The Gardener’s Delight Winter Workshop takes place Saturday, February 7, from 1 p.m. to 4 p.m. at the United Church of Christ at Valley Forge in Wayne. This free, hands on afternoon features seven Master Gardener workshops…
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Sign Code Typo Cost Wayne Business Owner David Mackey Thousands
When David Mackey moved the Philadelphia Print Shop to the former Antiquities Etc. on Lancaster Avenue in Wayne, he took his sign with him, writes Richard Ilgenfritz for Main Line Times & Suburban. It had hung over his business at two previous Wayne locations and was smaller than the sign that had hung at the Antiquities…
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Charter School at Valley Forge Academy in Wayne Gets Public Airing
A public service charter school being proposed at the former Valley Forge Military Academy in Wayne was presented to the community Dec. 4 at Radnor Memorial Library, writes Madeleine Wright for CBS News Philadelphia. The Valley Forge Public Service Academy Charter School has been proposed at the Military Academy, which is closing. It would enroll 450…
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Wayne Art Center Cultivates Community Joy Through Education
The Wayne Art Center is one of many local centers creating community connections through fine art, writes Lily Henderson for Main Line Today. Art classes serve as a popular way for residents of all ages to meet new people and gain a new skill. For patrons of the Wayne Art Center, this means choosing from…
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Outside-Box Thinking Keeps Temple Men’s Basketball Fresh Under Wayne’s Adam Fisher
Creative, outside-the-box thinking has helped Wayne’s Adam Fisher keep Temple University’s men’s basketball program feeling energized and forward-moving since he stepped into the role two seasons ago, writes John DiCarlo for the Main Line Today. Fisher, who stepped in after Aaron McKie, a former 76ers star, has spent the last two years navigating the sport’s…
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Wayne-Based Berger Development Breaks Ground on $40 Million Trolley Square Apartments
Berger Development, based in Wayne and part of Berger Communities, recently broke ground on Trolley Square Apartments in Wilmington, writes Ryan Mulligan for the Philadelphia Business Journal. Located in Wilmington’s bustling entertainment and dining district, the 130-unit project will cost $40 million to complete. The company now has four ongoing projects, following the completion of…
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Valley Forge Military College in Wayne On Board With Trump Compact
The Valley Forge Military College in Wayne wants to join President Trump’s Compact for Academic Excellence in Higher Education, a plan for conservative colleges. President Trump has described the compact as part of his “war on woke,” writes Ryan W. Briggs and Max Marin for The Philadelphia Inquirer. It promises federal funding if university administrators…
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Wayne-Based SEMCAP AI Leads $8 Million Series A Investment In Lula Commerce
Wayne-based SEMCAP AI led an $8 million Series A round for Lula Commerce, a Philadelphia startup that is planning to accelerate the growth of its e-commerce platform aimed at the convenience store industry, writes Ryan Mulligan for the Philadelphia Business Journal. Along with SEMCAP AI, Ben Franklin Technology Partners’ GO PA Fund and several out-of-town…
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Valley Forge Military Academy Plans to Go Virtual During the Holidays
Valley Forge Military Academy in Wayne will switch to virtual learning between Thanksgiving and the New Year, writes Max Marin and Ryan W. Briggs for The Philadelphia Inquirer. The 80 cadets would be welcomed back in person starting in January to finish out the school year. However, school leaders did not definitely say the Academy…
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