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REAL_ESTATE
April 27, 2015 | By Erin Arvedlund, Inquirer Staff Writer
In South Philadelphia's Newbold neighborhood, Anna Maria and Carmen Vona have renovated the historic Abbotts Alderney Dairies building at 1715-1719 McKean St. The couple own and operate a business in a rear building on the parcel, which takes up nearly the entire block. But they have renovated 10,000 square feet in the two-story front structure, facing McKean and Colorado Streets, into apartment and office space at a cost of about $400,000. The Vonas did most of the work themselves.
NEWS
January 13, 2015 | By Jonathan Lai, Inquirer Staff Writer
A historic Camden townhouse that was home to a prominent Camden doctor will again be filled with life and learning when Rutgers University students and faculty move in to their new Writers House. The Henry Genet Taylor House, undergoing renovations at 305 Cooper St., will open next academic year as the home of Rutgers-Camden's graduate programs in English, with space for classes, workshops, offices, and public events. "This building is a gem - maybe one of the best of its type in the region - and I do think it has got to be more inspirational than sitting around chipped, cramped classroom desks in a 1960s building," Lisa Zeidner, an English professor at Rutgers-Camden and a novelist, wrote in an e-mail.
SPORTS
November 28, 2014 | By John Stuetz, Inquirer Staff Writer
STATE COLLEGE, Pa. - James Franklin rises from his bed before sunlight can break through his new Port Matilda home. It's the Sunday after a game day in Happy Valley, but there's no hangover for the Nittany Lions coach - Sunday mornings are for him and the girls. "When I say I make them breakfast, it's pour cereal in a bowl," said Franklin, smiling as he clarifies that his breakfast special for his two daughters isn't all that special. "And waffles, frozen waffles, and toast. My one daughter loves Eggos, so we'll do that.
NEWS
November 8, 2014 | By Jason Laughlin, Inquirer Staff Writer
A proposed development on Lancaster Avenue, a key corridor on the Main Line, would bring new restaurants, shopping, and offices to an undeveloped tract in Bryn Mawr. The $20 million development still requires final approval from the Lower Merion commissioners. It could open in spring 2016 and would incorporate a vacant 1920s-era garage at 909 Lancaster Ave., between North Merion Avenue and North Warner Avenue. A strip of vacant shops behind the garage would be torn down. "Bryn Mawr has a history," said Paul Aschkenasy, the property owner and developer.
NEWS
October 26, 2014 | By Erin E. Arvedlund, Inquirer Columnist
Starting a business of your own sounds like a do-it-yourself proposition. But entrepreneurs will tell you this secret to success: It takes a village. When Francine Griesing left "Big Law" to start her own firm, she needed some key things: a few clients, a business plan, and some savings in the bank. She had worked at Greenberg Traurig and networked extensively during her time there, serving on professional organizations such as the Philadelphia Bar Association. Today, her firm, Griesing Law, represents Fortune 500 corporations in high-stakes litigation, intellectual property, and employment matters.
BUSINESS
September 27, 2014 | By Erin Arvedlund, Inquirer Staff Writer
A multiyear legal battle over development of a 210-acre parcel in Newtown Square, Delaware County, concluded this week as the state Supreme Court ruled that the ambitious project can move forward. BPG Development received approval from Newtown Township in 2008 for Ellis Preserve Town Square - 465,000 square feet of retail space, offices, housing, a hotel, and a community park at Routes 3 and 252. But Claude de Botton, another local property owner and developer, filed suit against BPG Development and the township, claiming plans were not specific enough and were out of step with the Pennsylvania Municipalities Planning Code.
BUSINESS
August 5, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
Corey Schiller had barely turned 30 when he became chief executive of what was then a $130 million home-remodeling company. Now Power Home Remodeling Group, of Chester, employs 1,350 and will report, Schiller said, $300 million in revenue for 2014. Schiller, 32, a soccer-playing history major, was 21 when he and his best friend started at Power as junior salesmen right out of college. Two years later, Schiller earned a promotion to lead a marketing department of 40 people. He was 23 years old. Question: How did that go?
REAL_ESTATE
July 14, 2014 | By Erin Arvedlund, Inquirer Staff Writer
He's the man who built Campus Apartments in University City from a regional student-housing company into a national firm. David Adelman, who took over from the Campus Apartments founder, is branching out into office space in West Philadelphia - and he's looking to attract a key anchor tenant, such as Google, to lease his former factory space at 4101 Sansom St. The retrofitted printing-press shop here is known as the Graphic Arts Lithographers building...
BUSINESS
July 12, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The University of Delaware on Thursday canceled its agreement with Paoli-based Data Centers L.L.C. , killing the state-backed $1 billion-plus plan to build a corporate data center and natural gas plant on campus. A committee of UD officials and professors had unanimously voted against the project. Profs and managers on the "working group" that UD president Patrick Harker asked to review the proposal "concluded that the proposed facility, which included a 279-megawatt co-generation power plant, is not consistent with a first-class science and technology campus and high-quality development to which UD is committed," the university said in a statement With Gov. Jack Markell and the state's business and political establishment backing the plant, Harker had signed an initial agreement inviting the company on campus.
BUSINESS
June 11, 2014 | By Alan J. Heavens, Inquirer Real Estate Writer
The venerable Curtis Center at Sixth and Walnut Streets, a landmark of Philadelphia's publishing past, was purchased Monday for $125 million in cash by Keystone Property Group and Mack-Cali Realty Corp. Keystone, of Bala Cynwyd, and Mack-Cali, of Edison, N.J., said the building, which covers an entire block and overlooks Washington Square, will become "mixed-use," as 90,000 square feet of unoccupied office space is converted to luxury rental apartments. More residential space could be developed in the Curtis Center as more office space becomes vacant, Mack-Cali said.
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