HEALTHCARE

Esperanza Health Center plans to spend $14.5 million to transform a Kensington bank building at 861 East Allegheny Ave. into a 35,000-square-foot medical facility. The complex will replace the existing 10-year-old 18,000-square-foot health center at 3156 Kensington Ave. and provide the underserved medical community there with primary medical care, dental care, behavioral health care and other services. Read more at the Philadelphia Business Journal.

 

MANUFACTURING

PricewaterhouseCoopers released the results of a survey on states’ attractiveness to the aerospace manufacturing businesses and ranked Pennsylvania 7th overall. In 2017, the sector generated $728 billion in revenue for the state. Read more at Philly.com.

 

DEVELOPMENT

Two years after breaking ground, the $100-million, 300,000-square-foot Lincoln Square project at the corner of Broad and Washington is officially open. The nine-story, mixed-use complex includes 322 rental units with 50,000 square feet of resident amenity space and ground floor retail with space already leased to Target, Petsmart, Wine and Spirits and a Sprint store. Read more at Curbed Philadelphia.

 

INNOVATION

Philly-based EIR Healthcare debuted a prototype for its MedModular brand, a prefabricated, modular hospital room that the company says can help hospitals save on construction costs. The customizable hospital room also allows patients to utilize pre-wired smart technology, a smart TV that educates them on their conditions and specially-designed surfaces that reduce the risk of infections. Read more at Technical.ly Philly.