Here's what we're reading this week about the projects, people and policies driving local development:
According to Fortune magazine, home prices in Philadelphia are maintaining their value better than almost all the 400 largest housing markets in the country. These 28 housing markets just slipped into a historically sharp home price correction.
by Lance Lambert, Nov 15, 2022
Former Mayor Michael Nutter weighs in to support a new arena for the Sixers on East Market Street
Published by WHYY, Nov 3, 2022
Rents for tech office space in University City soared, with higher increases than in all competing sub-markets nationally, including those in Nashville and San Diego, as new tech office space is being added in University City at a fast pace to meet demand
by Ryan Mulligan for the Philadelphia Business Journal, Nov 7, 2022
ULI released its 2023 Emerging Trends in Real Estate Report
In his waning term as Attorney General, Governor-elect Josh Shapiro steps in to halt closure of Delaware County Hospital
by John George for the Philadelphia Business Journal, Nov 15, 2022
Volumetric Building Cos, a fast-growing Philadelphia area-based national builder of modular construction is looking to raise a new round of capital as it expands its footprint and client base
by Paul Schwedelson for the Philadelphia Business Journal, Nov 10, 2022
The latest redevelopment plan for a preserved Gilded Age Elkins Park estate moves forward as a boutique hotel and event venue
by Emma Dooling for the Philadelphia Business Journal Nov 13, 2022
The Philadelphia Business Journal reports that after five years at Jefferson Health, Dr. Bruce A Meyer, current President, is leaving for a position at Pittsburgh’s Highmark Health
by Paul J. Gough and Ryan Sharrow, Nov 7, 2022
Pittsburgh Mayor’s budget rosy address is at odds with the view of those overseeing the city’s budget projects, as they raise concerns about target minimum surplus budget levels in coming years
by Kiley Koscinski, 90.5 WESA, Nov 16, 2022