PPL reaches tentative agreement to sell Tower Building to D&D Realty Group [Yahoo! Finance]
PPL Corporation (PPL)
Last ppl corporation earnings: 2/14 08:00 am
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Source: Yahoo! Finance
historic downtown office buildings into mixed-use developments with a focus on high-end residential and complementary commercial uses. PPL Corporation announced Friday that its subsidiary, PPL Electric Utilities, has reached a tentative $9 million agreement to sell its 2 North Ninth St. Tower Building and office complex in Allentown to Northeast Pennsylvania-based developer D&D Realty Group. The developer's proposed plans for the properties, covering about 450,000 square feet in downtown Allentown, include new mixed-use commercial spaces, apartments and other amenities. "PPL's iconic headquarters provides us with the perfect canvas for our vision of high-end, downtown living in the Lehigh Valley," Dye said. PPL President and Chief Executive Officer Vincent Sorgi said the company was excited to see the plans proposed by D&D Realty Group and the economic opportunities additional mixed-use commercial and residential space would bring to downtown Allentown. "Our company has been
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PPL
News
- PPL Corporation (NYSE:PPL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PPL Co. (NYSE: PPL) had its price target raised by analysts at Mizuho from $27.00 to $28.00. They now have a "neutral" rating on the stock.MarketBeat
- PPL Co. (NYSE: PPL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- PPL customers to see decrease in electricity supply prices this summer [Yahoo! Finance]Yahoo! Finance
- PPL's Q1 Earnings Beat Estimates on Strong Electricity Sales [Yahoo! Finance]Yahoo! Finance
PPL
Earnings
- 5/1/24 - Beat
PPL
Sec Filings
- 5/1/24 - Form 8-K
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- PPL's page on the SEC website