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Philadelphia Business Journal

@philadelphia.bizjournals.com

The Philadelphia region's source for local business news & events. Part of the American City Business Journals network.

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Latest posts by Philadelphia Business Journal @philadelphia.bizjournals.com

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Sesame Place future at risk as 'Sesame Street' parent sues park owner The nonprofit behind "Sesame Street" is seeking to end its 46-year partnership with SeaWorld's parent company, a pact that started in 1980 with the opening of the 17-acre Sesame Place theme park in Langhorne.

The nonprofit behind "Sesame Street" is seeking to end its 46-year partnership with SeaWorld's parent company, a pact that started in 1980 with the opening of the 17-acre Sesame Place theme park in Langhorne.

13.03.2026 20:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Wood-fired American restaurant nears debut in Northern Liberties A new Ethiopian eatery is also set to open in Reading Terminal Market this spring.

A new Ethiopian eatery is also set to open in Reading Terminal Market this spring.

13.03.2026 19:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Architecture firms face wave of stalled projects as billings lag The American Institute of Architects index fell to 43.8 in January. That could signal trouble ahead for construction spending through 2027.

The American Institute of Architects index fell to 43.8 in January. That could signal trouble ahead for construction spending through 2027.

13.03.2026 19:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Philadelphia-area biotech firm trims 16% of its workforce The biotech company has extended its cash runway into the fourth quarter of this year.

The biotech company has extended its cash runway into the fourth quarter of this year.

13.03.2026 18:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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$8.3M Rittenhouse Square condo tops this week's priciest home sales The nearly $8.3 million deal is the fourth-priciest sale in the 3-year-old Laurel, according to Philadelphia property records.

The nearly $8.3 million deal is the fourth-priciest sale in the 3-year-old Laurel, according to Philadelphia property records.

13.03.2026 17:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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A great divide is emerging on AI-fueled layoffs Read about a California startup that just clocked a $9 billion valuation.

Read about a California startup that just clocked a $9 billion valuation.

13.03.2026 16:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Irish pub-inspired tavern opening on waterfront in Northern Liberties The restaurant and bar is owned by the team behind mini golf venue Libertee Grounds and the co-owner of Sidecar Bar and Grille in Graduate Hospital.

The restaurant and bar is owned by the team behind mini golf venue Libertee Grounds and the co-owner of Sidecar Bar and Grille in Graduate Hospital.

13.03.2026 15:45 πŸ‘ 0 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Another virtual reality experience is opening in Center City This is the latest experiential retailer to set its sights on Center City.

This is the latest experiential retailer to set its sights on Center City.

12.03.2026 22:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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50 jobs to be cut as public company closes business unit The impacted employees come from its mortgage conduit business. The company also continues to explore strategic options for its title and real estate services units.

The impacted employees come from its mortgage conduit business. The company also continues to explore strategic options for its title and real estate services units.

12.03.2026 22:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Main Line suburb ranks on list of hottest U.S. luxury markets Several other Jersey Shore towns sometimes frequented by Philadelphians were among the nation's hottest luxury markets.

Several other Jersey Shore towns sometimes frequented by Philadelphians were among the nation's hottest luxury markets.

12.03.2026 20:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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One of region's largest malls under contract to sell A local developer is planning to redevelop the Concord Mall.

A local developer is planning to redevelop the Concord Mall.

12.03.2026 19:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Pharma firm revenue doubles after sales strategy overhaul The West Chester company's sales force is expected to continue to grow to 50 people this year.

The West Chester company's sales force is expected to continue to grow to 50 people this year.

12.03.2026 18:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Name of Stephen Starr's latest Philly restaurant finally revealed Little else has been revealed to date about the new restaurant.

Little else has been revealed to date about the new restaurant.

12.03.2026 18:30 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Eagles star to endorse California wellness company Renpho says the deal reflects its mission to make pro-level wellness tools accessible to everyone. Financial terms were not disclosed.

Renpho says the deal reflects its mission to make pro-level wellness tools accessible to everyone. Financial terms were not disclosed.

12.03.2026 15:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Why good managers are key to employee retention In this edition of The Playbook, we take a look at the role managers play in the retention equation, a hidden cost that is weighing down small businesses and more.

In this edition of The Playbook, we take a look at the role managers play in the retention equation, a hidden cost that is weighing down small businesses and more.

12.03.2026 15:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Philadelphia's skyscraper era may be over Philadelphia's skyline has evolved throughout the past four decades. With the pipeline for office construction dry, are those days over?

Philadelphia's skyline has evolved throughout the past four decades. With the pipeline for office construction dry, are those days over?

12.03.2026 11:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Ghost jobs are clouding the hiring market Ghost jobs are clouding the job market. Here's where it's worse.

Ghost jobs are clouding the job market. Here's where it's worse.

12.03.2026 06:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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West Philadelphia music venue files for bankruptcy The University City music venue has grappled with several problems over the last year since new leadership was installed.

The University City music venue has grappled with several problems over the last year since new leadership was installed.

11.03.2026 21:45 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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Suburban shopping center sold for $15.5 million A local firm continued its buying spree with the purchase of a $15.5 million shopping center.

A local firm continued its buying spree with the purchase of a $15.5 million shopping center.

11.03.2026 21:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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How Persian Gulf conflict impacts Philadelphia's homebuying market Philadelphia has experienced a few sunny, 70-degree days this week. That's usually a welcomed sign for real estate agents banking on the all-important spring market. Not so fast, real estate experts say.

Philadelphia has experienced a few sunny, 70-degree days this week. That's usually a welcomed sign for real estate agents banking on the all-important spring market. Not so fast, real estate experts say.

11.03.2026 21:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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New owner outlines plans for reviving Taylor, Springfield hospitals Investor Joe Strine is pitching the shuttered Delaware County facilities to health systems and physician groups

Investor Joe Strine is pitching the shuttered Delaware County facilities to health systems and physician groups

11.03.2026 20:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Forbes billionaires list includes 3 newcomers from one local company Three local billionaires fell off the list this year, but they were replaced by three new additions who reside in Chester County. Here's a look a the Philadelphia-area's richest people.

Three local billionaires fell off the list this year, but they were replaced by three new additions who reside in Chester County. Here's a look a the Philadelphia-area's richest people.

11.03.2026 18:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Six Flags Great Adventure undergoing 'major transformation' The multi-year project will be one of the largest investments in the theme park's history.

The multi-year project will be one of the largest investments in the theme park's history.

11.03.2026 17:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Comcast, Sixers pause plans to demolish Market St. property Three months before the World Cup begins, Philadelphia’s planning efforts have taken a major turn.

Three months before the World Cup begins, Philadelphia’s planning efforts have taken a major turn.

11.03.2026 16:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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After 28 years, 76ers to get new arena voice Cord joined the 76ers in 1998, ending a more than a decade-long rotating door in the role after the 1985 death of legendary public address announcer Dave Zinkoff.

Cord joined the 76ers in 1998, ending a more than a decade-long rotating door in the role after the 1985 death of legendary public address announcer Dave Zinkoff.

11.03.2026 15:30 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Phillies sponsors expand Citizens Bank Park exposure King Swings designed and installed a playground near First Base Plaza. The Chester County company modeled it after a similar space at the Phillies' spring training home.

King Swings designed and installed a playground near First Base Plaza. The Chester County company modeled it after a similar space at the Phillies' spring training home.

11.03.2026 15:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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The battle over tariff refunds has only just begun The battle over tariff refunds has only just begun. It's going to get messy.

The battle over tariff refunds has only just begun. It's going to get messy.

11.03.2026 05:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Chair of one of Philadelphia's largest law firms steps down Kevin Boyle has taken on the role of chairman emeritus and his responsibilities will be divided between Managing Partner Michael O'Mara and the firm's management committee and board of directors.

Kevin Boyle has taken on the role of chairman emeritus and his responsibilities will be divided between Managing Partner Michael O'Mara and the firm's management committee and board of directors.

11.03.2026 01:15 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Penn doubles D.C. lobbying budget amid Trump-era pressures The Ivy League university spent more than double on lobbying in 2025 than it did in any year in the past decade, and more in Trump's first year in office than in the previous three years combined.

The Ivy League university spent more than double on lobbying in 2025 than it did in any year in the past decade, and more in Trump's first year in office than in the previous three years combined.

11.03.2026 01:00 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Gas station replaces mixed-use plans nixed by MontCo town After spending $17 million for a Conshohocken office park, a developer is now planning to demolish two of the buildings to add a convenience store and gas station.

After spending $17 million for a Conshohocken office park, a developer is now planning to demolish two of the buildings to add a convenience store and gas station.

11.03.2026 00:45 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0