I cover commercial real estate, economic development, and other financial news topics, with a focus on data and accountability.

Latest Stories

GIANT to open Center City grocery store under Heirloom brand in former Strawbridge’s building

The plan shows confidence that workers and residents will return in force to Center City’s streets as the coronavirus pandemic ebbs.

Part of Center City hotel high-rise to open, hoping for a visitor rebound

The 460-room Element hotel, a Marriott brand, is set to open May 14, as relaxing coronavirus restrictions make some hotel owners optimistic.

Black real estate developers face barriers to growth. A $100M fund targeting Philly aims to assist them.

The collaboration is a response to the challenges faced by Black developers in raising the capital needed to accelerate the growth of their businesses.

Developer and ex-mall CEO Ronald Rubin, a father of modern Center City, dies at 89

During his long career as a commercial real estate power broker, Rubin had his hand in some of the city’s most prominent development sagas.

Apartment project by future Penn’s Landing developer Durst moves forward north of Ben Franklin Bridge

The building is slated to include 360 apartments, with 10,000 square feet of shops and restaurants and a 116-space parking garage on its ground floor.

Architect of Race Street Pier chosen as lead planner for next phase of Navy Yard development

James Corner Field Operations will bring “a fresh, creative, and inclusive approach that will drive an ambitious plan for new development,” an official said.

At long last, Pennsylvania’s suburbs welcomed people to belly up to the bar

Sunday marked a much-awaited milestone in Pennsylvania’s efforts at returning to what used to be normal pre-COVID-19: Restaurants outside of Philadelphia were allowed to resume bar service.

Philadelphia officials halt teardown of old factory building where developer plans for big apartment block

The stop-work order comes days after neighbors gathered to protest the seven-story, 150-unit apartment complex that Lakhmna aims to build at the site.

Judge rejects Dranoff bid for ruling against Camden waterfront claims, keeping case on track for jury trial

The developer and the South Jersey city who have been feuding over the project since its planned sale was scuttled in 2018.

Philly launches $1.5M initiative to restore pandemic-wracked businesses and cultural vitality

“Ready. Set. Philly!” aims to attract workers, shoppers and tourists back to the city’s central business districts. Center City has more open office space than at anytime in the last 16 years.