Philadelphia Business News

Finance
Philadelphia Ranked Among Top Business Trip Destinations
Philadelphia Business Hub Philadelphia Business Hub is a premier destination for corporate and professional events, known for its vibrant business environment and strategic location. Historically recognized as a center for...
Philadelphia Businesses Struggle Amid Tariff Changes
Bungee USA Founded in 2023 by Darrell Alston, Bungee USA is a Philadelphia-based sports gear company specializing in Philadelphia-themed merchandise such as custom Phillies jerseys and Eagles face masks. The...
Philadelphia’s Tax Reform Commission Proposes Business Tax Elimination
Philadelphia City Government – Office of the Tax Reform Commission The Philadelphia City Government’s Office of the Tax Reform Commission was established to evaluate and recommend strategies for comprehensive tax...
Philadelphia Tax Reform Commission Proposes Tax Elimination
Philadelphia Business Community The Philadelphia Business Community is a dynamic and diverse organization representing a wide range of businesses within the city. Established in response to ongoing economic developments and...
Philadelphia Considers Major Tax Reform to Boost Economy
Philadelphia City Government / Philadelphia Tax Reform Commission The Philadelphia Tax Reform Commission was established by City Council President Kenyatta Johnson to address the city’s economic stagnation and high poverty...
Philadelphia Tax Reform Commission Proposes BIRT Elimination
Philadelphia Tax Reform Commission The Philadelphia Tax Reform Commission was established to evaluate and recommend improvements to the city’s tax system, with a focus on the Business Income and Receipts...
Philadelphia Tax Reform Commission Recommends Phasing Out BIRT
Philadelphia Tax Reform Commission The Philadelphia Tax Reform Commission is a key governmental initiative dedicated to analyzing and recommending improvements to the city’s tax policies, particularly the Business Income and...
Rite Aid Files for Bankruptcy and Closes U.S. Stores
Rite Aid Rite Aid is a prominent American pharmacy retail chain with a rich history dating back to its founding in 1962. Over the decades, it expanded across the United...
LaVie Care Centers Files for Chapter 11 Bankruptcy
LaVie Care Centers LaVie Care Centers is a network of skilled nursing facilities dedicated to providing high-quality long-term care and rehabilitation services. Operating 43 facilities across Atlanta, the company focuses...
Construction
Priority Restoration Expands Emergency Services Ahead of Storm Season
Priority Restoration LLC Priority Restoration LLC is a family-owned water damage restoration company located in Philadelphia, PA. With over eight years of experience, their team of IICRC certified specialists offers...
New Single-Family Residence Approved in Germantown
News Summary The Germantown neighborhood in Philadelphia will soon see a new single-family residence at 458 Earlham Terrace, following the approval of building permits. Designed by MC Architectural LLC, this...
New Single-Family Residence Approved in Germantown
News Summary Building permits have been issued for a new three-story single-family home at 458 Earlham Terrace in Germantown, Philadelphia. Covering 1,085 square feet, it will consist of an interior...
Governor Announces Major Investment to Boost Economic Development in Pennsylvania
News Summary Governor Josh Shapiro has revealed a significant investment of $64 million through the PA SITES program to enhance economic development across Pennsylvania. The initiative will support 11 projects,...
New $40 Million Soil Cleanwashing Facility Opens in South Philadelphia
News Summary A new soil cleanwashing facility has opened in South Philadelphia, thanks to a $40 million partnership between Alterra IOS and Eco Materials. The facility aims to process over...
Van Buren Transforms Municipal Building into Community Hub
News Summary The Town Council of Van Buren plans to revitalize an old municipal building into a community hub and small business incubator. With a $1.79 million grant request, the...
Real Estate & Properties
Trammell Crow Company Sells Matson Mill for $109 Million
Trammell Crow Company Trammell Crow Company is a leading real estate development and investment firm with a strong presence in the United States. Established with a focus on creating high-quality...
Trammell Crow Company Sells Matson Mill Apartment Complex for $109 Million
The Trammell Crow Company The Trammell Crow Company is a leading real estate development and investment firm with a history of creating innovative and high-quality properties across various sectors. Established...
Trammell Crow Company Sells Matson Mill for $109 Million
Trammell Crow Company The Trammell Crow Company is a leading real estate development and investment firm with a rich history dating back over 70 years. Founded in 1948, the company...
Rite Aid Files for Chapter 11 Bankruptcy Again
Ole Smoky Distillery and Yee-Haw Brewing Co. Joint Venue Ole Smoky Distillery, established in 2010, is renowned as a leading global producer of premium moonshine, celebrated for its authentic craft...
New Single-Family Residence Approved in Germantown
News Summary The Germantown neighborhood in Philadelphia will soon see a new single-family residence at 458 Earlham Terrace, following the approval of building permits. Designed by MC Architectural LLC, this...
New Single-Family Residence Approved in Germantown
News Summary Building permits have been issued for a new three-story single-family home at 458 Earlham Terrace in Germantown, Philadelphia. Covering 1,085 square feet, it will consist of an interior...
Tailored Home Opens in Greenville, Enhancing Local Retail
News Summary Greenville welcomes Tailored Home, a new retail store launched by home staging expert Starr Osborne. Offering home design and staging services, Tailored Home fills the space left by...
Conshohocken’s Transformation into a Trendy Suburb
News Summary Conshohocken is experiencing a significant transformation from an industrial hub to a trendy neighborhood, with a 30% population increase since 2020. With nearly 1,000 new residential units, the...
Van Buren Transforms Municipal Building into Community Hub
News Summary The Town Council of Van Buren plans to revitalize an old municipal building into a community hub and small business incubator. With a $1.79 million grant request, the...
Marketing
Philadelphia Faces Significant Water Rate Increase Proposal
News Summary The Philadelphia Water Department is proposing an 18% rate increase for residential water bills over the next two years, raising typical monthly costs from $82 to $97 by...