Analysts predict the “LeBron effect” will give Philadelphia’s economy a slam dunk boost. The NBA star’s arrival is expected to drive business growth, increase local spending, and energize the city’s market, sparking optimism among economists.
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Philadelphia has updated its Use and Occupancy Tax rules, impacting property owners and businesses. New rates and filing requirements take effect soon. Stay informed to ensure compliance and avoid penalties.
Apartments are helping offset the slowdown in suburban homebuilding in the Philadelphia area, as demand climbs and developers shift focus to multifamily projects, according to The Business Journals.
A Philly business whisperer has played a pivotal role in closing $41 billion in state deals, boosting economic growth and investment opportunities, according to the Philadelphia Business Journal.
Hanwha plans to double its Navy yard footprint in Philadelphia to boost shipbuilding capacity. The expansion aims to strengthen U.S. naval production and support defense contracts, marking a major investment in the region.
JPMorgan Chase plans a major office relocation in Center City, according to sources. The move signals a significant shift in the bank’s local footprint, aiming to enhance workspace and operational efficiency.
Philadelphia business owners can tap into valuable savings through the Philadelphia Industrial Development Corporation (PIDC). Often overlooked, PIDC provides essential financial tools and support to help local businesses thrive.
The 2026 Philadelphia general election features key ballot questions on housing, public safety, and education funding. Voters will decide on measures shaping the city’s future.
Main Line Orthopedic has been ranked the most profitable surgery center in the Philadelphia region, according to bizjournals.com. The facility’s efficient operations and patient care drive its leading financial performance.
Wharton Seminars for Business Journalists will host its flagship program in Philadelphia this October 2026. The event promises cutting-edge insights and expert sessions for media professionals covering business.
The beloved Grays Ferry Tavern, recently closed, is set to reopen under new ownership. The historic Philadelphia spot promises refreshed menus and a renewed community vibe, aiming to revive its longtime local charm.
Wealth management firm Pathstone has expanded its footprint in Philadelphia, aiming to enhance client services and grow its regional presence. The move underscores the city’s rising importance in financial advisory sectors.
Trader Joe’s has signed a lease for its first store in South Philadelphia, marking a major retail expansion in the area. The new location aims to serve local shoppers with the brand’s popular products.
The City of Philadelphia has launched the Philadelphia 2026 Business Readiness Playbook, a comprehensive guide to help local businesses prepare for major events, ensuring smooth operations and maximizing opportunities.
The new CEO of University City District faces the challenge of guiding a neighborhood in transition, focusing on economic growth and community engagement to revitalize the area’s future.
Skimming devices were recently spotted on ATMs and card readers at small businesses in New Jersey and Philadelphia, NBC10 Philadelphia reports. Authorities urge vigilance as investigations continue.
A developer has unveiled plans for a multifamily residential project at the historic Swift Food site in Old City. The redevelopment aims to blend modern living with the area’s rich heritage, revitalizing the neighborhood.
Philadelphia launches forgivable loans of up to $50,000 to support small business growth. The initiative aims to boost local economy by easing financial barriers for expansion, experts say.
The Business Journals reports the top 10 home sales in Greater Philadelphia for the week ended Aug. 28, highlighting the highest-value transactions and key market trends shaping the local real estate scene.
Philadelphia faces a surplus of vacant life sciences space as demand slows, prompting developers to explore repurposing unused buildings to meet shifting market needs and revitalize underutilized assets.