Wells Fargo & Co. will close 21 more branches, including locations in Philadelphia and Gloucester counties, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include locations at 5119 Frankford Ave. in the Frankford section of Philadelphia and 101 Vera King Ferris… Read more »
Posts Categorized: Philly retail space
Giant to Open Four New Stores in Philadelphia
A little more than a month after Giant opened a flagship store at Riverwalk in Center City, the company is accelerating its growth in Philadelphia and plans four additional stores in the city. The company plans to open one of its Heirloom stores in 32,000 square feet at Fashion District Philadelphia and three Giant stores. Fashion District… Read more »
Amazon on Hiring Spree to Open First Amazon Fresh Grocery Store in Bucks County
Amazon.com Inc. is preparing to open its first Amazon Fresh grocery store in the region at Creekview Center off Easton Road in Warrington. The store will be housed in roughly 35,000 square feet of 49,000 square feet of a former Giant. The Seattle company is hiring “hundreds of employees” in full and part-time positions at… Read more »
WSFS identifies 34 Philadelphia-area branches it will close as part of Bryn Mawr Trust deal
More than half of all Bryn Mawr Bank Corp. branches will close after it merges into WSFS Financial Corp. Wilmington-based WSFS (NASDAQ: WSFS) identified the 34 locations in a recent regulatory filing, including 22 of 41 branches from Bryn Mawr subsidiary Bryn Mawr Tust and 12 of the 89 WSFS Bank locations. The shuttered branches… Read more »
Wells Fargo closing 24 more branches, including two in Philadelphia area
Wells Fargo & Co. will close 24 more branches, including locations in Montgomery and Delaware counties, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include its location in front of the King of Prussia Mall at 694 W. Dekalb Pike and… Read more »
Post Brothers Underway on 1,144-Unit Multifamily Project in Philadelphia
PHILADELPHIA — Locally based multifamily developer Post Brothers is underway on construction of Piazza Terminal, a three-building, 1,144-unit multifamily project in the Northern Liberties neighborhood of Philadelphia. The transit-oriented development, which is slated for completion in December 2022, will also include retail and open green space. Piazza Terminal will offer amenities such as a fitness… Read more »
Amazon Confirms Plans for Bucks County Grocery Store as other East Coast Locations Prepare to Open
Amazon’s plans to open grocery stores in the Philadelphia region have been rumored for nearly a year, and the tech giant has now confirmed at least one of those locations will be in Warrington Township, Bucks County. The company revealed this week that it will open its first grocery stores on the East Coast in the near future,… Read more »
Topgolf Project to Get Underway in Northeast Philadelphia, With King of Prussia to Follow
The development of a new Topgolf in Northeast Philadelphia is expected to begin April 19 and another facility in King of Prussia is anticipated to get underway this summer. The Topgolf in Northeast Philadelphia will be constructed on 27 acres at the former Nabisco and Mondelēz International factory at 12000 Roosevelt Blvd. The King of… Read more »
Giant CEO on New Flagship Center City Store: ‘The Culmination of Everything We Dreamed’
Giant Co. opened its new $27 million, 65,000-square-foot flagship store at Riverwalk, a newly developed apartment complex fronting the Schuylkill River on North 23rd Street in Center City to a crowd of eager and curious shoppers. For Giant Co., a Carlisle-based company, the two-story location is the culmination of exploring other respected grocers to gather… Read more »
Suburban Philadelphia Shopping Center Portfolio Set to Trade for Roughly $115M
An international real estate investment firm that’s based in Cyprus and trades on the Tel Aviv Stock Exchange, is ramping up its Philadelphia-area presence and is poised to buy six grocery-anchored shopping centers for an estimated $115 million, according to sources familiar with the transaction. The company has under agreement properties put up for sale last… Read more »