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NEWS
July 11, 1993 | By Reid Kanaley, INQUIRER STAFF WRITER Inquirer correspondent James Cordrey contributed to this article
Down below, the malls loom out of the summer haze. Columns of hot air rise from the roads and parking lots a thousand feet below to jolt Tim Kunda's clattering airplane like speed bumps. Kunda looks down at the sprawling 330-store complex, home to the Court at King of Prussia and its soon-to-expand sister mall, the Plaza. Grinning, he takes his hands off the controls and turns his palms upward in a gesture of incredulity and pride. "It's huge. It's incredible how big it is," shouts Kunda, 34, chairman of the local planning commission.
BUSINESS
January 18, 2014 | By Maria Panaritis, Inquirer Staff Writer
In a move that monetizes the real estate value of one of its prime locations, embattled Sears Holdings Corp. announced Thursday it would carve up and share its King of Prussia mall anchor with retailer Dick's Sporting Goods. Terms of its sublease were not disclosed, nor was a time frame for when Dick's would move in. But Sears said it would continue operating its department store on the first floor of the two-story, 215,000-square-foot anchor at the East Coast's largest shopping mall, and that Dick's would occupy parts of the second level.
BUSINESS
December 7, 2012 | By Maria Panaritis, Inquirer Columnist
The towering black wall has been impossible to miss. Rising from shiny, white floor tiles at the East Coast's largest shopping mall, it has projected a cloak of mystery all the more stark for being a short walk from Louis Vuitton, Hermes, and Neiman Marcus - stores forbidding for their prices, if not their facades. For months, the black monolith has broadcast nothing to shoppers at the Plaza at King of Prussia. Not even the benign nugget of history that behind it once hummed a now-defunct John Wanamaker department store.
NEWS
August 12, 2014 | By Gideon Bradshaw, Inquirer Staff Writer
HARRISBURG - While battles rage in New Jersey and other states over whether to allow Tesla Motors to sell cars within their borders, Pennsylvania has quickly and quietly approved an expansion of the automaker's entry into the market. Gov. Corbett signed the legislation amid the budget frenzy last month, exempting electric-vehicle makers from a Pennsylvania law that bars car manufacturers from selling directly to consumers. The law lets Tesla open five stores statewide. The company opened a King of Prussia showroom last year and plans to open a second in Devon, a spokesman said.
NEWS
February 21, 2014 | By Allison Steele and Jeremy Roebuck, Inquirer Staff Writers
When the ironworkers saw a wall of union pickets blocking entry to a King of Prussia construction site early one morning in June 2010, it seemed like the latest speed bump in a project that had already suffered several acts of vandalism. But then, as the five ironworkers waited in a nearby parking lot, the scene turned into something out of a gangster movie. A dark car pulled up and three men jumped out, wielding baseball bats they used to shatter the back windows of the workers' trucks.
NEWS
January 17, 1991 | By Tal Wongse-Sanit, Special to The Inquirer
In a move to allow shoppers and commuters to let someone else fight the traffic for them, Capitol Trailways of Harrisburg and the Greater Valley Forge Transportation Management Association of King of Prussia have teamed up to provide additional service between King of Prussia and Reading. The new service, which began Jan. 7, provides five additional buses daily each way. The four previously existing bus runs between King of Prussia and Reading do not include stops at industrial parks or the Plaza Mall in King of Prussia; the new service adds both.
BUSINESS
December 17, 2012
4-week bills , Dec. 18; 3-month and 6-month bills , Dec. 17; 1-year bills , Jan. 8; 2-year notes , Dec. 17; 3-year notes , Jan. 8; 5-year notes , Dec. 18; 7-year notes , Dec. 19; 10-year notes , Dec. 12; 30-year notes , Dec. 13; 5-year TIPS , Dec. 20; 10-year TIPS, Jan. 24 ; 30-year TIPS , Feb. 21.   Business Referral Luncheon , presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia; 610-792-2105.
NEWS
December 18, 2013 | By Carolyn Davis, Inquirer Staff Writer
NORRISTOWN The man authorities dubbed "the Kingpin of Prussia" for running a cocaine trafficking ring out of a King of Prussia apartment complex was sentenced Monday in Montgomery County Court. Judge William J. Furber Jr. gave Charbel Pita-Rosales a seven- to 14-year prison term, said Assistant District Attorney Jason Whalley. The prison term followed sentencing guidelines both sides agreed upon, said defense attorney James E. Lee. Pita-Rosales was one of the people arrested in 2010 and charged with distributing more than 22 pounds of cocaine a month out of Marquis Apartments on Dekalb Pike.
NEWS
June 16, 2012 | By Bonnie L. Cook and INQUIRER STAFF WRITER
Upper Merion Township supervisors have voted unanimously to approve a $13 million settlement of legal wrangling over the former Valley Forge Golf Course, the last undeveloped tract in King of Prussia. The deal, approved Thursday night, calls for the township to pay $1 million to the former property owner, the Hankin Family Partnership. The Hankin family went to court almost three decades ago, insisting it had the right to sell to a developer. The township refused to rezone the agriculturally zoned tract for higher-density development.
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