Philadelphia, wistful for pre-pandemic life, began to embrace its current state of affairs last December by adapting with streeteries for outdoor dining and repairing and reopening shops that had been vandalized during civil unrest sparked by the murder of George Floyd. In the year since the residential population and the return of college students helped… Read more »
As supermarket chain Giant continues its expansion in Philadelphia, one of its most anticipated new stores celebrated its grand opening in Center City on Thursday. The Carlisle-based company opened its fourth Giant Heirloom Market at 801 Market St. inside the former home of the Strawbridge & Clothier department store, which had a long run beginning… Read more »
A bank has foreclosed on Montgomery Mall and a $118.78 million judgment has been rendered against the property’s owner, an entity affiliated with Simon Property Group, according to court documents. Wilmington Trust, as trustee for Wells Fargo Commercial Mortgage, filed in early June in the Montgomery County Court of Common Pleas to start foreclosure proceedings… Read more »
Santander Bank has filed to close three more Philadelphia-area branches as part of a broader focus on trimming its retail footprint. The Boston-based bank, a subsidiary of Spain’s Santander Group (NYSE: SAN), filed with the Office of the Comptroller of the Currency to shutter the following three sites on July 7: 95 S. Main St…. Read more »
Family-friendly Hooters spinoff Hoots Wings plans to expand its East Coast presence with 16 locations across Greater Philadelphia. ANZ Hospitality LLC, a Malvern-based hospitality company, aims to open the new franchise locations within 20 miles of Philadelphia by 2026, with the first restaurant expected to open by the end of this year. Hoots Wings is… Read more »
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 »
