PPL Corp. of Allentown has promoted Vincent Sorgi to president and COO. He will take on the new role as of July 1. The company said Sorgi will lead execution of PPL’s long-term growth strategy and be responsible for the overall operational performance of PPL’s seven utilities in the United States and the United Kingdom. Sorgi has served ...
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Valley’s housing market mirrors national one, report says
The national housing market shows a similar picture of stability, driven by low unemployment, rising wages and favorable mortgage rates, according to the report.
Read More »Construction begins on Tower Health, Drexel medical school
The Drexel University College of Medicine at Tower Health is going up on property at The Knitting Mills redevelopment project, the site of the former VF Factory Outlets. The site is in close proximity to Reading Hospital, now owned by Tower Health, which has 714 beds.
Read More »Lehigh Valley Business hosts Business Growth Symposium
Businesses in the Lehigh Valley learned how to take their business to the next level, build value and plan for the long term at Lehigh Valley Business’ Business Growth Symposium at DeSales University in Center Valley on June 13. The event, which featured ...
Read More »Five Lehigh Valley, Central Pa. projects receive historic tax credits
Five redevelopment projects in Berks, Lancaster and York counties will split nearly $700,000 made available by the state as part a bigger $3 million allocation of historic preservation tax credits.
Read More »Is there a market for new apartments in old Allentown building with rents as high as $2,200 per month?
Brothers Al and Alex Ruozzi recently renovated the historic Klein building at Front and Hamilton streets in Allentown into an auto restoration shop with upscale apartments on the upper floors. The apartments — which run from 1,300 to 1,800 square feet — originally were listed at $2,200 to $3,000 a month. While still expensive, they're priced to move in the Lehigh Valley's exploding real restate market, local Realtors say.
Read More »Martin Guitar plans to build warehouse in Tatamy
The company plans to move its employees and operations out of those two other sites, which are a warehouse on Race Street in Hanover Township, Lehigh County, and a distribution center on Conroy Place in Forks Township.
Read More »UPMC to cut ties with Highmark after court ruling
Pennsylvania Commonwealth Court ruled on Friday that Pittsburgh-based UPMC can stop accepting Highmark Health-insured patients by the end of the month.
Read More »Partial demolition of Fairgrounds Square Mall should begin next spring
The owner of the Reading Fairgrounds Square Mall in Muhlenberg Township has announced redevelopment plans for the property that will include demolishing about 80 percent of the existing mall.
Read More »Berks farm will add pullet house with state loan money
A Berks County farm will be expanding its operations thanks to a $400,000 economic development loan from the Pennsylvania Development Authority.
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