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Momentum!
The Battleship New Jersey

April 2014

Rowers on the Schuylkill River Enjoy
Springtime Cherry Blossoms

In this Issue

Select Greater Philadelphia and PA DCED Meet with Site Selection Consultants in Dallas to Talk Energy »

Qatar Airways Now Flying Daily from Philadelphia »

Camden Innovation Center Offers Office Space for Little to No Cost »

GPCC and Select Greater Philadelphia Launch TV Commercial Promoting Region as a World-Class Business Destination »

Sallie Mae Spin-Off Picks Wilmington, DE as New Headquarters »

City of Philadelphia East Market Project to Begin This Summer »

Science Center and Drexel University Announce New Collaborative Workspace is Now Accepting Applications »

PA Life Sciences Connect »

Health Systems First To Combine Radiology, EHR »

Key Events

5/8 State of the Region: Leaders in Energy »

6/11 Chilean and American Chamber of Commerce of Greater Philadelphia »

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Select Greater Philadelphia and PA DCED Meet with Site Selection Consultants in Dallas to Talk Energy

Select Greater Philadelphia and PA DCED Meet with Site Selection Consultants in Dallas to Talk Energy

Select Greater Philadelphia's Vice President of Business Development Jeanne Nevelos and the Pennsylvania Department of Community & Economic Development (DCED) Secretary C. Alan Walker, along with representatives of Team PA and the Governor's Action Team, met with influential site consultants from Texas in conjunction with The Energy Forum in Dallas and at a dinner hosted by the Commonwealth to share why Pennsylvania is an ideal location for businesses to expand or relocate.

Read what Texas' Fort Worth Star-Telegram wrote about the visit »

Qatar Airways Now Flying Daily from Philadelphia

You can now fly daily with Qatar Airways from Philadelphia to over 130 destinations world-wide.

In addition, through a partnership agreement with oneworld member airline American Airlines, customers may fly from select cities throughout the U.S. to Philadelphia and connect onto a Qatar Airways flight.

“This is a huge deal for us,” said Mark Gale, CEO of Philadelphia International Airport. “Tied with the merger of US Airways and American Airlines and this airport becoming a oneworld Alliance hub, an East Coast gateway. We think there's just a tremendous amount of positive impact.”

With the debut of its Doha flights, Qatar Airways becomes the first new foreign-flag carrier to start service to Philadelphia since Swissair in 1990.

Qatar Airways Now Flying Daily from Philadelphia

Camden Innovation Center Offers Office Space for Little to No Cost

Camden Innovation Center Offers Office Space for Little to No Cost

The Central Business District in Camden, New Jersey wants to lease office space for what amounts to $0 a square foot. Thanks to the New Jersey Economic Opportunity Act, rents offered at $30 a square foot result in a company actually paying nothing due to state incentives.

At the same time, Cooper's Ferry Partnership is buying the office complex that L3 occupies, which was constructed in 1992 for a defense contractor. The property is comprised of a three-story, 350,000-square-foot office building and a two-story manufacturing structure that totals 225,000 square feet. This is the first time space has come available in the building.

Since multiple tenants will be occupying the property, it is being re-branded as the Camden Innovation Campus.

GPCC and Select Greater Philadelphia Launch TV Commercial Promoting Region as a World-Class Business Destination

The Greater Philadelphia Chamber of Commerce (GPCC) and Select Greater Philadelphia (Select) recently launched a new business attraction television Public Service Announcement (PSA) to air in East Coast media markets. View the video here »

Read more »

GPCC and Select Greater Philadelphia Launch TV Commercial Promoting Region as a World-Class Business Destination

Sallie Mae Spin-Off Picks Wilmington, DE as New Headquarters

Sallie Mae Spin-Off Picks Wilmington, DE as New Headquarters

Navient, the new loan management, servicing and asset recovery company that was spun off from Wilmington-based student lender Sallie Mae, signed a 7-year lease with Wilmington's Pettinaro organization to occupy the Star building, 123 Justison St., on the city's Christina riverfront near Judy Johnson Field (the Blue Rocks stadium).

City of Philadelphia East Market Project to Begin This Summer

NREA Development Services, SSH Real Estate, Classic Management, Inc., and JOSS Realty Partners, LLC have teamed up to develop the $230 million first stage of East Market, a mixed-use development for the 1100 block of Market Street. The entire project is estimated to cost more than $500 million.

The plans call for building two new retail buildings topped with apartments. Retail stores are also planned for the first floor of the nearby 12-story Girard office building, with the upper floors upgraded for office, hotel, or apartments.

The development will help create an important connection between Independence National Historic Park and the Pennsylvania Convention Center. The entire project is estimated at $500 million and the architect is BLT.

City of Philadelphia East Market Project to Begin This Summer

Science Center and Drexel University Announce New Collaborative Workspace is Now Accepting Applications

Science Center and Drexel University Announce New Collaborative Workspace is Now Accepting Applications

Philadelphia's newest shared workspace, the Innovation Center @3401, is accepting applications from tech startups and individuals who need office space and can benefit from a collaborative atmosphere.

Read more »

PA Life Sciences Connect

Keeping Talent and Innovation in Pennsylvania is a new public/private partnership designed to ensure Pennsylvania's prominence in the life sciences industry. PA Life Sciences Connect represents the first comprehensive, regional approach to address the significant displaced life science employee population by leveraging the region's life science assets.

Read more »

PA Life Sciences Connect

Health Systems First To Combine Radiology, EHR

Health Systems First To Combine Radiology, EHR

Children's Hospital of Philadelphia (CHOP) and Virtua, a southern New Jersey health system, have unified their radiology operations across electronic health records systems and state lines.

By deeply integrating imaging systems and EHRs, the two systems have made it possible to create an integrated health record that includes images captured at a Virtua facility and read by pediatric diagnostic imaging specialists at CHOP.

Read more »

Select

About Select
Greater Philadelphia

Select Greater Philadelphia (Select) is an economic development marketing organization dedicated to attracting companies to the Greater Philadelphia region.

Select assists companies interested in the vicinity by providing detailed information about the 11-county area and a one-stop connection to numerous resources that help companies make informed decisions about locating to the region. Through global marketing efforts, Select works to promote the region's key assets to help build the area's economy.

The Greater Philadelphia region encompasses northern Delaware, southern New Jersey and southeastern Pennsylvania.

Select is a private, non-profit organization and an affiliate of the Greater Philadelphia Chamber of Commerce. Click below for more information or call 215-790-3777.

Learn more »

Select

Key Events

State of the Region: Leaders in Energy

Greater Philadelphia's proximity to natural gas is creating new economic opportunities for the region and attracting the attention of businesses from around the world. The Greater Philadelphia Chamber of Commerce, Select Greater Philadelphia and the CEO Council for Growth are determined to make our region a leader in the emerging Energy and Manufacturing sectors, and we invite you to join us for a discussion on these important efforts.

The program will feature a keynote presentation from Daniel A. D'Aniello, Chairman and Co-Founder of The Carlyle Group. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful private equity investment firms, with more than 1,450 professionals operating in 34 offices in North America, South America, Europe, the Middle East, North Africa, Sub-Saharan Africa, Japan, Asia and Australia.

Mr. D'Aniello will discuss The Carlyle Group's extensive portfolio of investments in Pennsylvania in general, their investment in Philadelphia Energy Solutions, and he will touch on the impact of the Marcellus Shale natural gas reserves on the nation's energy revolution.

Keynote Presentation:

  • Daniel A. D'Aniello, Chairman and Co-Founder of The Carlyle Group

Panelists-to-date:

  • Jim Balaschak, Principal, US Energy & Resources Practice, Deloitte
  • William Levis, President and Chief Operating Officer, PSEG Power
  • Philip Rinaldi, Chief Executive Officer, Philadelphia Energy Solutions LLC

Click here for more information or to register for this event »

Thursday, May 8
7:30 – 8:00 a.m.
Registration
8:00 – 10:00 a.m.
Program

The Crystal Tea Room
100 East Penn Square
Philadelphia, PA 19107

Chilean and American Chamber of Commerce of Greater Philadelphia

Join the Chilean and American Chamber of Commerce of Greater Philadelphia to discuss how global mobility has become a critical component of success for multinational companies relocating employees around the world. These moves face a variety of unique challenges, among them, covering areas such as healthcare, visa/immigration, banking, cultural interface, employee benefit plans, taxes, local and overseas compliances obligations, and other regulatory requirements.

A panel of specialists will provide an insight to the many aspects of managing international cross border issues.

To learn more about this program, please
contact Ricardo Maldonado at 215-790-3769 or [email protected] »

Wednesday, June 11
8:00 – 8:45 a.m.
Registration, Breakfast & Networking
9:00 – 10:30 a.m.
Program & Panel Discussion

200 South Broad Street
Philadelphia, Pennsylvania 19102

Select Greater Philadelphia
200 S. Broad Street, Suite 700 / Philadelphia, PA 19102 / 800-221-0774
http://www.selectgreaterphiladelphia.com/

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