August 22, 2016 |
Deb Lutz was making a high-six-figure salary at Johnson & Johnson as vice president of marketing just three years ago. But her entrepreneurial spirit (she bought and sold professional baseball cards to help pay her way through Wharton undergrad, Class of 1991) and her other life as a foodie got the best of her. She ditched corporate America and went for a fresh start. Two years ago, at age 45, she opened a b.good franchise - a healthy, fast-casual restaurant that serves in-house-ground burgers, vegetable/fruit smoothies, and other fresh dishes in Marlton.
August 20, 2016 |
Good bye, Plaza. So long, Court. At 9:45 a.m. Thursday, King of Prussia Mall was officially declared "one mall" by owner Simon Property Group. Hello Bonobos and Calligaris. Bring it on, Jimmy Choo, Vince, and CH Carolina Herrera. The East Coast's premiere shopping mall just grew by about 500,000 square feet. It now includes a 155,000-square-foot connector that ties together the two former sections for the first time, and an added 250,000-square-foot wing, home to 50 new retailers and restaurants.
August 20, 2016
When it comes to attracting upscale retail in the region, it was clear King of Prussia had an advantage over Center City. But as of Thursday, we can say - in the fight for luring top fashion brands here - the mall has been victorious. King of Prussia unveiled its gleaming, 155,000-square-foot expansion Thursday morning that looked more like New York's Fifth Avenue than the wing of an indoor suburban mall. With brands like Carolina Herrera, MCM, Gucci, Jimmy Choo, Bottega Veneta, and Diane von Furstenberg - my New York Fashion Week designer favorite opening its first location in Pennsylvania here - it's a high-end shopper's dream.
August 15, 2016 |
It took more than half a century, but who's counting? King of Prussia becomes one humongous mall on Thursday. Normally, there's a ribbon cutting at these things. Not this time. Execs at powerhouse mall owner Simon Property Group plan to connect two ribbons. They'll take one ribbon from the Plaza, one from the Court, and connect them at Savor, the new food pavilion, and announce the Plaza and Court as "no more," only King of Prussia. "We're giving that to you early," David Contis, president of Simon Malls, said in a giddy manner over the phone on Aug. 5. "It's going to be pretty neat.
August 1, 2016 |
Run-down buildings line the borough's pockmarked downtown streets, bordering sidewalks cracked by weeds. Montgomery County is one of the wealthiest in the state, but Pottstown, one of its biggest municipalities, looks more like the town that prosperity forgot. Thus the opening of a newly constructed bank branch on High Street constitutes a major event for a town with high aspirations for revival. "You don't see a lot of brick-and-mortar bank branches being opened these days," said Steve Bamford, executive director of Pottstown Area Industrial Development.
July 27, 2016 |
With more than $3 billion worth of commercial property within its borders, including the massive King of Prussia Mall, Upper Merion Township in Montgomery County is one of the region's richest in terms of property wealth. But despite all that prosperity, the township long has had an underlying problem: sinkholes. The story of how they came to be is about 500 million years old, but the problems they cause are here and now. During the King of Prussia Mall expansion that begin in 2014, the ground continually caved in. To date, it has happened 35 times.
June 30, 2016 |
How do you top Jimmy Choo? You don't. Instead, you bring in more heavy hitters to complement the designer-shoe maven. Like eyewear retailer Oliver Peoples, Italian apparel retailer Bottega Veneta, upscale brand Rag & Bone, and luxury Italian furniture retailer Calligaris. They were all announced on Tuesday as tenants that will be moving into King of Prussia's new corridor, which is due to debut Aug. 18. The 155,000-square-foot corridor is to house 50 new retailers, half of which are considered luxury brands, including those named Tuesday by Simon Property Group's mall division president, David Contis.
May 29, 2016 |
Of all the workouts Don Powers endured in a 20-plus-year career focused on exercise, the one he hated most was when members of the gym he ran in King of Prussia would press him hard about a broken piece of equipment. "I couldn't stand being the owner/manager and a customer coming up to me and saying, 'Don, when is that treadmill going to be fixed?' and me trying to get a service manager on the phone. " Finding someone to evaluate a malfunctioning treadmill or elliptical machine and fix it quickly often was as sweat-inducing and tortuous as a 10-mile run uphill.
May 12, 2016 |
Einstein Healthcare Network is spending $5.7 million to open an outpatient center in King of Prussia in June, the tax-exempt system said Tuesday. The 30,000 square-foot facilility will offer primary care and specialities, such as orthopedics, obstetrics and gynecology, as well as outpatient radiology for diagnostic imaging and a satellite of MossRehab. Einstein has hospitals in North Philadelphia, Elkins Park, and East Norriton, Montgomery County. Like other systems, Einstein has been working to expand its reach into the suburbs, where better-insured patients are located.
May 8, 2016 |
First CornerStone Bank of King of Prussia was closed Friday by the Pennsylvania Department of Banking and Securities. To protect customers, the Federal Deposit Insurance Corp., which was named receiver, has entered into an agreement with First-Citizens Bank & Trust Co., of Raleigh, N.C., to assume all deposits at First CornerStone's six branches in suburban Philadelphia, which will reopen as First-Citizens branches. Customers should continue to use their current branch and can continue to access their money by writing checks or using ATM or debit cards.