News

An aerial shot of downtown Philadelphia
Featured News Story

2021: Philadelphia’s Best Year for VC Deals Ever, with $3B Already Invested

Following a wildly good first quarter for venture capital deals in 2021, the region continues to hold strong with nearly $1.2 billion in venture...
Read more

Results

Upward Perspective of the City's Building with a bright sky with clouds in the background
January 10, 2022

New program seeks to diversify real estate development in Philadelphia

The Minority Developer Program will use public land and funding to create opportunities for real estate projects for Philadelphia developers who have...
Eric Pryor standing in front of a cathedral-style window, smiling.
December 10, 2021

Pennsylvania Academy of the Fine Arts names its first Black president

Eric G. Pryor, 59, fresh from steering the Harlem School of the Arts through a major $9.5 million building renovation and into a period of financial...
Facade of Giovanni's Room doned with Progress Pride flags.
December 9, 2021

How the oldest gay bookstore in the U.S. reinvented itself

When Giovanni’s Room opened in 1973, it was only the second LGBTQ bookstore in the country. It came right after New York’s Oscar Wilde Memorial...
close-up image of hands typing on a laptop computer
December 9, 2021

New fund from the city to fund civic tech projects

The Operations Transformation Fund has $10 million to dole out over the next two years (fiscal year 2022 and 2023), and this week, the City announced...
The Philadelphia skyline from an elevated Center City perspective
December 9, 2021

Rebuid Ready initiative helps minority and women-owned businesses get city contracts

Robin Miller of the Philadelphia-based Miller Design Group got the contract to design the lighting for the $4 million Ziehler Playground because of a...
Aerial shot of the 2021 Penn Diversity Expo main floor
August 18, 2021

A new energy and intentionality to Penn purchasing

For several decades, Penn has intentionally worked to increase its supplier diversity spending. That has meant encouraging the leaders within the...
Mailboxes in Philadelphia
August 18, 2021

A Philly-made USPS mailbox that danced outside Convention Center will go into Smithsonian

One of the cardboard U.S. Postal Service mailboxes that danced outside the Convention Center as election votes were being counted in November will be...
Jim Kenney speaking at a podium
August 18, 2021

Philadelphia is hoping to change the way it fights gun violence by funding smaller community groups

When Philadelphia City Council members last month fought to include $68 million in new spending for violence prevention in this year’s budget, they...
A building with a Coming Soon graphic over it
August 10, 2021

How Philly's Bioscience Sector Is Driving the City's Next Big Real Estate Boom

Currently, more than one million square feet of lab space are under construction in and around Philadelphia; once complete, they’ll house the region’s...
An aerial shot of downtown Philadelphia
August 10, 2021

2021: Philadelphia’s Best Year for VC Deals Ever, with $3B Already Invested

Following a wildly good first quarter for venture capital deals in 2021, the region continues to hold strong with nearly $1.2 billion in venture...