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Market Street

NEWS
January 29, 2015 | By Claudia Vargas, Inquirer Staff Writer
The American Bible Society will give up its tony Broadway address for one in Philadelphia's historic district. The society, which has had its headquarters in New York City for 199 years and has operations all over the world, will relocate to 401 Market St., steps from Independence Mall. Mayor Nutter will announce the nonprofit's move, which will bring more than 200 jobs to the city, at a news conference Wednesday. The society's primary mission is to engage more people with the Bible.
NEWS
August 11, 2015 | BY STEPHANIE FARR & VINNY VELLA, Daily News Staff Writers farrs@phillynews.com, 215-854-4225
IN A PERIOD of about 24 hours in Philadelphia this weekend, 10 people were shot - three of whom, including a 16-year-old boy, died from their wounds - and three others were stabbed, only one of whom survived, police said. According to police,the following incidents occurred: *  2:46 a.m. Saturday on Redner Street near 30th, in Brewerytown: A 31-year-old man was shot in his abdomen and leg and taken by a civilian vehicle to Temple University Hospital, where he remained in stable condition.
NEWS
August 21, 2013 | By Robert Moran, Inquirer Staff Writer
A woman who lost her legs after being buried for nearly 13 hours in the Market Street building collapse filed a lawsuit Monday alleging widespread negligence in the catastrophic June 5 accident. Mariya Plekan, a 52-year-old immigrant from Ukraine, was shopping in the Salvation Army thrift shop at 22d and Market Streets when a wall being demolished in the building next door fell onto the store's roof. Plekan suffered devastating injuries "that led to the removal of her entire lower body," the suit says.
NEWS
April 15, 2015 | By Caitlin McCabe, Inquirer Staff Writer
A $19.6 million project to transform a century-old building at the gritty 69th Street terminal complex into a sleek, modern structure that will be greener and more passenger-friendly was officially begun Monday. "This is going to be a model for how we will be able to make old buildings sustainable," said Rep. Patrick Meehan (R., Pa.), one of several politicians at Monday's groundbreaking ceremony. Actual construction work began last fall. Meehan predicted that the upgrades to West Terminal would draw more passengers and bolster the local economy.
BUSINESS
May 26, 2015 | By Jacob Adelman, Inquirer Staff Writer
Here's how the man behind the planned revamp of the Gallery sees the massive retail, residential, and office complex being built just a couple of Center City blocks away: It's the "co-opertition. " That would be the amalgamation of cooperation and competition - not a term taught in business school, but one created by Pennsylvania Real Estate Investment Trust chief executive Joseph F. Coradino to explain the symbiotic relationship between two future shopping-center rivals on Market Street.
NEWS
March 20, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
In a sweeping $500 million-plus project aimed at finally upgrading Philadelphia's worn downtown retail district and spreading Center City's apartment revival east of Broad Street, a development group says it plans to demolish a modest block of stores on Market Street between 11th and 12th - and eventually level or renovate the rest of the block down to Chestnut Street - in favor of a new retail/residential complex. Developers of the complex, to be called East Market, are two Philadelphia concerns, backed by Washington and New York firms.
BUSINESS
July 25, 2015 | By Jacob Adelman, Inquirer Staff Writer
Brandywine Realty Trust plans to develop loft-style offices and residential units on the land it bought this month along the 2100 block of Market Street in Center City, president and chief executive Jerry Sweeney told analysts Thursday in a conference call. The offices would be similar to those at the 1900 Market St. building that Brandywine is now renovating, Sweeney said. That structure, known as the Stock Exchange Building, is being upgraded with open floor plans and collaborative work and meeting areas.
BUSINESS
May 9, 2015 | By Jacob Adelman, Inquirer Staff Writer
Bank of New York Mellon is reducing its presence in its namesake Market Street building by 80 percent, amid staff cuts and a general trend among office tenants to take up less space. The New York-based bank will vacate in September 184,000 square feet that it uses at the BNY Mellon Center at 1735 Market St., said David Weinberg, chief operating officer of Equity Commonwealth, the building's owner. The bank signed an 11-year renewal prior to March 31 for its remaining 48,000 square feet in the building, Weinberg said in a call Thursday with analysts.
BUSINESS
June 13, 2015 | By Jacob Adelman, Inquirer Staff Writer
The University City Science Center's monolithic office buildings will be joined to a new zone featuring pedestrian-friendly shopping streets, apartment towers, and a sprawling public plaza as part of the West Philadelphia business incubation and research complex's plan to more than double in size. Wexford Science and Technology, which is developing the new site, said Thursday that its goal in the $1 billion project is to break up the long, unbroken blocks of offices and institutional structures where the expansion will occur while mixing in other uses.
NEWS
April 13, 2015 | By Mike Newall, Inquirer Columnist
It was a year ago last Thursday that Gary Ginsberg stood on Market Street and watched his life go up in flames. All those suits in Crayola colors, all that polyester, all those luminous shirts and wonderfully fat-knotted ties, all that imitation gator skin, just disappearing in the fire. All that family history. Gone. Suit Corner was burning. It had been a cruel stretch. A month earlier, Gary's mother, Linda, had passed. Weeks later, Gary was measuring a customer when across the street his Uncle Marvin's store, Shirt Corner, sold and under demolition, collapsed.
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