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Momentum!
A view of the skyline at dusk from the Philadelphia Museum of Art.

October 2015

A view of the skyline at dusk from the Philadelphia Museum of Art.

A New Face to Camden's Waterfront

A New Face to Camden's Waterfront

Corporate developments and company relocations are bolstering Camden's economy, a trend that is projected to continue with the city's largest private sector investment, Liberty Property Trust's $1 billion waterfront redevelopment project. The undertaking is set to be completed by 2019 and will contain four office towers, 27,000 square feet of retail space, 325 residential units, a 120-room hotel, and parking garages with enough space for 5,000 cars.

Read the New York Times article about the redevelopment here »

First Gene Therapy in the U.S. Springs from Philadelphia

Philadelphia is known as the “City of Firsts” for many things, and it may be adding one more item to the list. Spark Therapeutics, a biotechnology company housed at the University City Science Center, has developed what could be the first gene therapy treatment to be approved in the U.S. If approved, it may serve as a platform for future successful gene therapies.

Learn more from the New York Times article »

First Gene Therapy in the U.S. Springs from Philadelphia

JPMorgan Expands Innovation Center at the University of Delaware

JPMorgan Expands Innovation Center at the University of Delaware

JPMorgan Chase's 9,000-employees in Delaware make the bank the state's largest private for-profit employer, an economic driver that can be seen in the recent expansion of the JPMorgan Chase Innovation Center at the University of Delaware. The center, which was constructed in 2011 for joint professor-student research projects and on-campus job opportunities, grew from 15 interns to 90 after the expansion. Governor Markell attended the opening ceremony of the expansion, stating that the center was contributing to the state's “workforce of the future.”

Read the full Delaware Daily Business article here »

East Coast Projected to Win NGL Race

Sunoco Logistics’ new Mariner East pipeline is projected to be the best location in the U.S. for producers to send natural gas liquids (NGLs), given the Greater Philadelphia region’s proximity to global markets where demand for NGLs is high. What gives the region its competitive edge is the quickly expanding distribution and storage complex located at Marcus Hook, Pa. The east coast is also close to the target market of Northwestern Europe, making it an even more appealing location for the project.

To find out more, read the full Forbes article here »

East Coast Projected to Win NGL Race

Italian Manufacturer Plants New Location in Bucks County

Italian Manufacturer Plants New Location in Bucks County

International companies are recognizing the Philadelphia region as an excellent place to expand their businesses; Italian manufacturing company Fedegari Technologies, specializing in sterilization and decontamination technology, revealed a $2.9 million, 10,000-square-foot technology center in Bucks County last month. The new center was created as a place where customers can come to better understand the company's products and technologies.

Learn more about the new tech center here »

AOL Co-founder Invests in Philly's Top Entrepreneurs

Philadelphia has the history and good attitude to become the leader for positive change start-ups, more so than Silicon Valley, New York, and Boston. That's according to AOL co-founder, Steve Case, who came to the City of Brotherly Love to invest $100,000 in a start-up that is working to improve social challenges. His final choice was Scholly, a scholarship search tool founded by Drexel graduate Christopher Gray.

Read the full Philly.com article here »

AOL Co-founder Invests in Philly's Top Entrepreneurs

The Greater Philadelphia Regional Labor Market Survey Results

The Greater Philadelphia Regional Labor Market Survey Results

In early 2015, the CEO Council for Growth executed the Greater Philadelphia Regional Labor Market Survey in an effort to evaluate the recruitment and retention challenges of the employers in the Greater Philadelphia region. The survey found, among other trends, that the regional economy has been steadily improving since the 2008 recession, a movement that is projected to continue over the next three to five years. Furthermore, colleges and universities in the area are producing graduates that meet the needs of businesses in the region.

Read the full report here »

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Greater Philadelphia

Select Greater Philadelphia is a business attraction marketing organization dedicated to helping companies locate and grow in 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) 790-3653.

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