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March 2009
Regional News


Delaware Technology Park in Newark, Delaware

Northern DE
Ashland Hercules Inc. extends lease in Wilmington through 2016.
Southern NJ
Matrix sold one million SF in Salem County.
Southeastern PA
Chester County boasts lowest unemployment rate in the region.

Click here to read more news across the Greater Philadelphia region.

Investor Corner

Jones Lang LaSalle Invests in Select!

Select is pleased to welcome Jones Lang LaSalle as a new investor. 

Jones Lang LaSalle is a financial and professional services firm specializing in real estate.  JLL's expert teams deliver integrated services to clients everywhere in the world.  

The generosity of Jones Lang LaSalle and the many other local companies and organizations that invest in Select, enable us to effectively market Greater Philadelphia and attract new businesses to locate here.

Industry Tap

Exploring Growth Sectors in Greater Philadelphia

Select is working to establish and tap the resources of various industry sector taskforces to shed light on the many benefits for financial service, logistics and alternative energy firms that are interested in locating to the region.

Previous taskforces established for life sciences, information technology and education have resulted in a wealth of information about the region's core strengths and have prompted a number of companies to make Greater Philadelphia their premier business destination.

If you're interested in being a part of this information taskforce in financial services, logistics or alternative energy, please contact Elizabeth Smith at 215-790-3759.

 

 

 

 

 

  
HOT TOPICS

Tax Reform Attractive to Financial Services Firms


The Department of Revenue, in consultation with civic and corporate leaders, recently issued new tax regulations to enhance the business climate for investment companies operating in Philadelphia. This action increases Philadelphia 's attractiveness versus other operating jurisdictions, and reflects current market standards.
Click here to learn more

Conference to Examine the Technology Behind Obama's Historic Presidential Campaign

The 4th Annual Emerging Technologies for the Enterprise Conference (ETE) - sponsored by Chariott Solutions - will be held March 26 and 27 in Philadelphia. A special Keynote Address will focus on the implications of emerging technology for a unique enterprise – a presidential campaign.
Click here to learn more

Stimulus for Greater Philadelphia: What it Means for Transportation Investment in the Region

According to a recent report published by the the Economy League of Greater Philadelphia, the region will likely receive more than $600 million from the $48.1 billion in transportation stimulus funds, including approximately $318 for highways in southeastern Pennsylvania, $120 million for highways in southern New Jersey, and $193 million for SEPTA.
Click here to learn more

Translational Medicine Forum in Greater Philadelphia Aims to Move Discovery to Clinical Practice


The Translational Medicine Alliance will hold its second annual Forum from May 13-15, 2009 in the Greater Philadelphia Region. The Forum joins the world's most promising university medical commercialization opportunities with the industry's top disease foundations, corporations and investors, developing a more effective model to enable translational medicine.
Click here to learn more

SELECT NEWS

Life Science Media Tour in Region Sparks Global Interest

Last month, Select Greater Philadelphia hosted its 2nd International Life Sciences Press Tour which brought in journalists from publications across the globe including Biotech Sweden, Bioworld International, BioPharma International and others.

The tour provided international journalists with an overview of the region's life sciences organizations, the members they represent, and the benefits the region offers these companies.  A number of leaders in Northern Delaware, Southern New Jersey, and Southeastern Pennsylvania assisted in highlighting the Greater Philadelphia region as a key player in life sciences not only in the United States but also globally. 

ECONOMIC DEVELOPMENT NEWS

Barcays to Add up to 500 Jobs at Newark Facility

Barclays is opening a customer contact center in Newark and will hire 300 new employees by early April.

Gov. Jack Markell announced the company's decision this month to open the office in the Iron Hill Corporate Center. He says the company could hire as many as 500 employees at its new facility in the next five years.
Click here to learn more

Cricket Wireless Adds More than 1,400 Jobs in Region

Cricket Communications, Inc., a leading provider of unlimited wireless services, is bringing more than 1,450 jobs to the area, including approximately 1,200 new positions created through the dealer network. Cricket will open 20 retail store locations in the Delaware Valley, with 12 stores in Philadelphia and the remainder spreading out across the surrounding suburbs, South Jersey and Wilmington.

Click here to learn more

  

So...what do you think? Click here to tell us what you think about Momentum!

Have story ideas? Please contact Bryan Evans, Director of Public Relations and Publications.

OUR REGION

INTERESTING LOCATION

The image above - provided by scenicbuckscounty.com - is the Stovers-Myers Mill historic site located within walking distance from Cabin Run in Bucks County, PA.

Fox Chase Cancer Center Launches National Magazine

Fox Chase Cancer Center in northeast Philadelphia will soon publish the inaugural issue of Forward, a magazine that will share the Fox Chase story with thousands of people in our region and across the country. Slated to be published at the end of March, the magazine will feature advances in cancer medicine taking place at Fox Chase, as well as profiles of doctors, scientists, and patients.

Select Greater Philadelphia / 200 S. Broad Street, Suite 700 / Philadelphia, PA 19102 / www.selectgreaterphiladelphia.com

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