Economic Development

Can Philadelphia do what it needs to keep the momentum going?

A new report finds Philly has a sizable budget surplus for the first time in a long time.

Germantown shop owners are encouraging people to buy local on Small Business Saturday — and throughout the holiday season — despite the strain of inflation costs.

The African Cultural Alliance of North America, a nonprofit supporting African immigrants, got a $9 million state grant towards developing Africatown.

More than 175 new retailers, restaurants, and businesses have opened in Center City since 2020, getting Philly closer to its pre-pandemic retail occupancy rates.

Here's a list of 26 holiday markets in Philadelphia to buy local gifts this year.

The team behind the billion-dollar development led a media tour of the potential footprint of the arena on Friday afternoon.

The 76ers' proposed arena isn’t happening tomorrow — we have time to vet, analyze, and give careful consideration, argues former Philly Mayor Michael A. Nutter.

The “5 by 25” initiative is backed by a $7.5 million grant from the Wells Fargo Foundation.

A coalition served Kenney with a “people’s subpoena” last week, saying he was standing in the way of a path toward racial equity.

Inflation isn’t only costing small businesses money. It’s costing them customers as well.

Workplace safety and wage law changes, both perennial issues, are top of mind ahead of the Labor Day weekend.

A former bank will become a commercial kitchen and event space. A textile factory will feature apartments and commercial space.

A precarious stock market and record inflation have contributed to some companies hitting the pause button on their search for space in Philly.

Joining places like Chicago, Boston, and Texas, Philadelphia is vying for the chance to house the headquarters of a new federal health research agency.