BUSINESS
May 25, 2012 | By Harold Brubaker, Inquirer Staff Writer
The segment of the U.S. population age 85 and above is expected to grow nearly five times faster than the overall population over the next 30 years. The surge could create huge demand for senior-living residences that occupy the middle ground between independent living, in which seniors largely care for themselves, and the more intensive care of nursing homes. Three Radnor businessmen are banking on that with Shelbourne Healthcare Development Group L.L.C., which with a Georgia partner has six assisted-living facilities under construction, including one in North Wales.
NEWS
May 4, 2012 | By Victoria Donohoe, For The Inquirer
Three solo and three group shows hold sway currently at the Delaware Center for Contemporary Arts, in a roundup featuring many Philadelphia artists. A degree of spontaneity stamps the double shows "Under Construction, Parts I and II," which display work by 10 regional artists currently involved in combining various aspects of construction, architecture, design and sculpture. Some use ordinary building materials, others construction-site discards. Especially compelling are robust sculptural works Acanthus Model and The Movement of Objects by Wilmington's Joe Netta, both subtle essays in texture, structure, and composition - energetic, evocative pieces that establish definite mood and atmosphere.
NEWS
May 3, 2012 | By Walter F. Naedele, INQUIRER STAFF WRITER
Howard S. Turner, 100, who pursued a career in research and development before helping to lead his family firm, Turner Construction Co., from 1965 to 1982, died Wednesday, April 25, at Bryn Mawr Hospital. He had lived at Dunwoody Village, the retirement community in Newtown Square, since 1986. Christopher McFadden, a Turner Construction spokesman, said Tuesday that "under his leadership, the company grew from seven offices in the United States to operations in 20 cities ... and the company's international division was launched with operations in four countries.
NEWS
May 1, 2012 | Michael Hinkelman
Construction worker dies in Fairmount accident A construction worker fell from scaffolding at a work site in the city's Fairmount section Monday afternoon and was pronounced dead about 1:45, police said. Authorities said the unidentified 30-year-old man came in contact with a live wire while working on the third floor of a building under construction at 20th and Parrish Streets and fell to the ground. A police spokeswoman said the cause of death was under investigation.
NEWS
May 1, 2012 | By Michael Hinkelman, Daily News Staff Writer
Police said a construction worker fell from scaffolding at a construction site in the city's Fairmount section Monday afternoon and was pronounced dead at around 1:45 p.m. Authorities said the 30-year-old unidentified Hispanic male came in contact with a live wire while working on the third floor of a building under construction at Parrish and 20th streets and fell to the ground. A police spokeswoman said the exact cause of death was under investigation. A spokesman for the Medical Examiner's office could not be reached for comment.
BUSINESS
April 23, 2012 | Inquirer Staff Report
A three-year, $66.2 million construction loan has been arranged through Wells Fargo Bank for Pearl Properties' Granary luxury multifamily project at 20th and Callowhill Streets in Philadelphia. The loan was arranged by the New Jersey office of commercial real estate adviser HFF Inc., which announced the financing. When completed in 2013, the Granary will have 227 one- and two-bedroom apartments averaging 842 square feet each, 20,654 square feet of ground-level retail space and underground parking.
NEWS
April 18, 2012 | By Walter F. Naedele, Inquirer Staff Writer
Alfred E. Campellone, 85, founder of three Philadelphia construction firms and a horse rider in Masonic parades and wagon trains across the state, died Wednesday, April 4, of complications from Parkinson's disease at his home in Auburn, Schuylkill County. "He was more proud of his horse accomplishments than his work accomplishments," though they, too, were considerable, said James Brooks, who had worked with Mr. Campellone since the 1960s. Brooks is now vice president of SWERP Inc., a Miquon firm that Mr. Campellone founded in 1988.
NEWS
April 18, 2012 | By James Osborne, Inquirer Staff Writer
Construction is set to begin on a $50 million project to expand sewage service in undeveloped sections of eastern Camden County, including portions of the Pinelands, laying the groundwork for 10,000 new homes. The county plan - paid for with a low-interest loan from a state environmental fund - comes as the region wrestles with tight municipal budgets caused by the real estate slowdown and shrinking property values. "That part of Camden County that has remained stagnant because of water and sewer issues," said Camden County Freeholder Jeff Nash.
BUSINESS
April 15, 2012 | By Alan J. Heavens, Inquirer Real Estate Writer
Modular construction is not new to Philadelphia. A number of builders here have been using it, including Westrum Development Co. at its Hilltop at Falls Ridge in East Falls and the Arbours at Eagle Pointe in the Northeast. Developer David Perelman built 75 modular homes during the 2003-2006 real estate boom to keep up with demand. And developer Jeffrey Tubbs, for his first foray into home building three years ago, used modules for his Flats at Girard Pointe, near Girard Avenue and Third Street.
BUSINESS
April 13, 2012 | By Linda Loyd, INQUIRER STAFF WRITER
When a port with two ship berths opens late next year in Paulsboro, it will be the first new marine terminal in 50 years on the Delaware. Already, about $70 million has been spent to clear the site, construct a retaining wall on the shoreline, and haul and place 300,000 cubic yards of soil to raise the elevation of the 190-acre site, directly across from Philadelphia International Airport. The port is at a bend in the river, and thousands of cubic yards of sediment have been dredged to deepen the area to 40 feet to accommodate ships.