City Center Investment Corp., which has been behind much of the redevelopment efforts downtown, has unveiled plans for a new project that will include 250 apartments, retail space and live/work lofts.
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Bethlehem Village Shoppes sells for $4.5 million
Despite restrictions on real estate and the fact that most retail stores are shut down because of the coronavirus pandemic, Colliers Bethlehem office said it has sold the Bethlehem Village Shoppes to an investment buyer in Bucks County for $4.5 million.
Read More »How businesses adapted to survive, thrive during COVID-19 pandemic
Since the COVID-19 pandemic began shutting down most Pennsylvania commerce in mid-March, many businesses and industries have been devastated. But a few companies have found ways to take what they do best and reimagine it for the new reality of the COVID-19 economy and they are thriving – or at least surviving.
Read More »Gift card insurance to take the risk out of helping small biz
Western Pennsylvania-based Erie Insurance introduced gift card insurance so consumers who buy gift cards during the coronavirus shutdown, won’t have to risk losing that money should the business not survive the crisis.
Read More »Quakertown welder develops simple device to avoid germs
Kevin Johnson, owner of JMW Fabrication, has created a simple device that can be attached to most standard commercial door handles, allowing people to open the door using their arm or wrist instead of their hands.
Read More »In Easton, stakeholders raise cash for small businesses
To help business owners struggling to recover from COVID-19, an Easton nonprofit is collaborating with the city and another organization to create a relief fund of $300,000 in emergency capital.
Read More »Domino’s to open in Palmer Township shopping center
Domino’s Pizza is preparing to open its newest location in Palmer Township later this spring, pending state rules on COVID-19.
Read More »New use eyed for vacant restaurant supply store
A Dallas-based developer bought a former restaurant supply store in Allentown for $1.5 million and plans to renovate it into an auto body repair and paint shop.
Read More »Cannabis operator closes on $25.5M Franklin Labs acquisition
Harvest Health & Recreation, a Tempe, Arizona–based multi-state cannabis operator, said it closed on the acquisition of Franklin Labs LLC, a subsidiary of CannaPharmacy, for about $25.5 million. The acquisition, payable with $15.5 million in cash and a $10 million promissory note, includes a 46,800-square-foot cultivation and manufacturing/processing facility in Reading.
Read More »Gov. asks Bucks and Montgomery County non-essential businesses to close
Bucks and Montgomery counties are among the counties that Gov. Tom Wolf has “strongly advised” non-essential businesses, including restaurants and hair salons, to close down to help mitigate the spread of COVID-19.
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