February 28, 2016 |
Mayor Kenney joined business groups, construction and janitors' union leaders, and state legislators from both parties Friday to endorse a tax-reform plan backed by Center City's biggest office landlord. A bill sponsored by State Reps. John Taylor (R., Phila.) and Bill Keller (D., Phila.), among others, would change Pennsylvania law to allow the city to boost business real estate taxes by 15 percent above residential real estate taxes, then use the extra to cut city wage and business-privilege taxes.
February 5, 2016 |
Philadelphia meeting and conference space operator The Hub has been acquired by Convene, which runs similar centers in New York and Washington D.C. The acquisition will allow Convene to help companies plan meetings across the northeastern United States, the New York-headquartered company said in a statement on Wednesday. No financial details were disclosed. The Hub has locations at 30 S. 17th St., Cira Centre and Commerce Square in Center City and at the 100 Four Falls Corporate Center in Conshohocken.
December 29, 2015 |
Want a free workout to treat your holiday hangover? WeTrain, a Philly start-up, is offering one free workout session - if you send the company a message using social media. And you have to mention that the company just won Philly's version of the hit television show Shark Tank . A 30-minute session regularly costs $17 or $25, if you split it with another person. Philly's version of the television show is called Veteran Shark Tank. And the winners were Zachary Hertzel and Jon Sockol, co-founders of the start-up WeTrain, at the Dec. 7 competition at the Cira Centre next to Amtrak's 30th Street Station.
November 10, 2015 |
Brandywine Realty Trust is putting open space on a pedestal in University City. Literally. The developer unveils Monday its Cira Green plaza, a 1.25-acre, publicly accessible expanse of grass and paved walkways atop a 95-foot-high parking structure just west of the Schuylkill. Its opening marks the latest chapter in Brandywine's bid to remake a huge swath of central Philadelphia around 30th Street Station - an area bordering the campus of Drexel University up to the riverbanks opposite the Philadelphia Museum of Art - as the once-suburban company solidifies its urban presence.
June 2, 2015 |
The Market East corridor shelters plenty of concrete mutts, but the parking garage at Seventh Street may be the ugliest dog in the pet shop. Streaks of rust and pigeon poop mark the five-story hulk, built back in 1966. Its looming presence crowds the Colonial brick of the Graff House and the distinguished gray block of the Philadelphia History Museum. It offers no lure to sore-footed tourists seeking escape from the crush at the nearby Liberty Bell. To fix Market East, the haggard eight-block stretch between Independence Mall and City Hall, experts say it's crucial to fix this site.
October 28, 2014 |
The latest plan for Philadelphia's most expensive grassy field - at 1919 Market St. , the gap in Center City's skyscraper row - is to dig it up and build a 29-story, 321-apartment, $140 million glass-walled tower, owner Brandywine Realty Trust said Monday. There have been other plans for towers on the site, before and since Brandywine bought the lot in 2011. But this time the money is committed, and work is to start immediately, Brandywine says. Its new partner is Berwyn-based LCOR CalSTRS , a successor to the former Linpro Co. , which invests for the giant California State Teachers Retirement System . Brandywine previously planned a little more business and a little less housing at the site with partner Independence Blue Cross , whose headquarters is next door.
October 4, 2014 |
The Schuylkill Banks Boardwalk, an $18 million concrete walkway that seemingly floats atop the Schuylkill with spectacular views of University City and Center City, opened to the public Thursday. Officials and citizens praised the sleek walkway as an amenity that will endure for generations. Supported by caissons drilled into the riverbed between Locust and South Streets, the 15-foot-wide walkway is the latest milestone in a years-long effort to convert eight miles of the industrial banks of the Schuylkill into interconnecting walking, cycling, and running trails between the Delaware River and the Fairmount Dam. With a ramp to the walkway visible behind them, Mayor Nutter, U.S. Rep. Chaka Fattah, and other dignitaries took to a podium under overcast skies to lavish the project with accolades.
April 4, 2014 |
(Editor's Note: The Tetris game on the Cira Centre and the Arcade @ the Oval have been postponed until 7 p.m. Saturday.) Frank Lee has a big vision for Philadelphia, and only a hint of it will be visible at the right moments this weekend to those within eyeshot of the Cira Centre, the glass-skin skyscraper across from 30th Street Station. For the second year in a row, the Drexel University professor will help launch Philly Tech Week by turning Cira into a giant video-game screen.
March 25, 2014
IF YOU are a business in Pennsylvania, you can live in a tax paradise without having to move to the Cayman Islands. In some cases, you just have to move across town. In 1998, in order to stimulate job growth, the Legislature created a device called Keystone Opportunity Zones - areas where businesses could move and pay virtually no state and local business taxes for 15 years. Philadelphia has a number of KOZs - the Cira Centre and the Naval Yard, to name just two - where businesses have clustered.
March 13, 2014 |
And you thought video games were a big part of your child's life. A new game from Drexel University computer scientists will be much bigger, at least physically. At 7 p.m. April 4, the team plans to run a giant version of the classic game Tetris on both sides of the glass-encased, 29-story Cira Centre. If it works - and the group has tested a one-sided version that uses the building's vivid LED lights - the effort would break Drexel's own record for the world's largest video game.