No, Philadelphia isn’t dying. In his Inquirer column Friday, Patrick Kerkstra picked apart the knee-jerk Daily Beast article that bemoaned our city’s death. Kerkstra writes: “Indeed, with the population growth, the relatively stable home values, and the fast-falling city unemployment rate, Philadelphia is actually outperforming its suburban neighbors in a lot of key metrics for the first time in a long time. In other words, the data suggest Philadelphia is leading the region’s recovery, not holding it back.”
Greater Center City’s residential boom will include a cluster 1,500 new apartments largely West of Broad, reports the Business Journal.
PennDOT is gearing up to repair the Wissahickon’s Walnut Lane Bridge, reports Amy Z. Quinn for PlanPhilly/NewsWorks. Improvements will include better sidewalks and lighting, a resurfaced roadway, and the textured concrete bollards will be restored.
Who is left to own our ailing big-city newspapers? America’s business barons. The New York Times breaks down the trend of rich Americans who are coming to the rescue of big city metro papers nationwide. Like Charles Foster Kane said, “I think it would be fun to run a newspaper.”
Today is the Phillies ‘ home opener, thank goodness. EOTS will be enjoying the afternoon from the stands at Citizens Bank Park watching DJ Jazzy Jeff, Cole Hamels and the Fightins take on the Marlins.
The Buzz is Eyes on the Street’s morning news digest. Have a tip? Send it along.