Data from the U.S. Bureau of Labor revealed that Greater Philadelphia is ranked 4th in the nation for most improved economies from 2015 to 2016. According to Headlight Data, a comprehensive data company that collected the national growth percentages, total U.S. employment grew 1.7% in 2016. The overall economic improvement of the U.S. economy was […]
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Entries by Danielle Hagerty
Wilmington’s population clocks in at 71,000; a small town compared to Philadelphia’s population of 1.6 million. But according to Thrillist, Delaware’s largest city is one of 15 cities across the U.S. to move to before it gets too popular. “The city really checks off a lot of boxes,” said Wilmington entrepreneur Matt Van Belle. “The […]
New York City is the only other metro area in the U.S. that tops Philly for number of top-rated hospitals. It has three, just one more than Philadelphia. According to U.S. News, Penn-Presbyterian and Jefferson hospital are ranked as two of the best hospitals in the nation. Penn ranked 10th overall in the U.S., while […]
Forbes released its list of top 100 colleges and universities in the U.S. late last month, with two Greater Philadelphia region universities making the top 10. Princeton University, located in Princeton, New Jersey, ranked #4 in the nation, while the University of Pennsylvania, located in Philadelphia, ranked #7. A total of six Philadelphia region colleges […]
The University of Delaware is collaborating with Delaware State and Clemson University as a part of a team that received $6 million to perform research on lowering the cost of drugs that treat several debilitating diseases. The drugs in the study currently cost several thousands of dollars; the new research is aiming to mitigate these […]
A new development project is coming to King of Prussia. Woodfield Investments, a North Carolina based real estate company, received approval to construct a 320-unit apartment building to be called Woodfield Valley Forge. According to Bis Now Philadelphia, Woodfield closed on $31.3M of equity financing for the project. It is planned to have a 495-space […]
The Coastal Zone Act, which was reformed late last month by the General Assembly in the state of Delaware, will allow for the redevelopment of 14 industrial sites across the state. The legislation will alleviate restrictions on transferring goods to ships and repurposing property, but still maintains regulations surrounding oil refineries, steel mills, and natural […]
Philadelphia jumped up two spots to number five on JLL’s list of top cities in the nation for life sciences. The ranking was based on criteria such as available workforce, increased funding in the sector, and expanding lab space. One of Philadelphia’s greatest strengths is the region’s over 100 colleges and universities. These institutions are […]
Four companies based in Europe are locating their U.S. headquarters in Philadelphia within the next year. Two of the four companies are locating here as a direct result of the Philadelphia Department of Commerce’s European trade mission in September 2016. The companies include Italy-based Tactical Pro USA, which sells military products, France-based Clem, a car […]
Spark Therapeutics, a Philadelphia-based biotechnology company spun out of CHOP, is on their way towards creating the first gene therapy treatment for a genetic disease approved in the U.S. The company has developed a drug to treat rare inherited blindness. The FDA accepted their application for a biologics license and granted it priority review. A […]
Select Greater Philadelphia (Select) is the business attraction organization for northern Delaware, southern New Jersey, and southeastern Pennsylvania. A non-profit entity, Select highlights Greater Philadelphia’s unique business assets to national and global audiences with the ultimate goal of growing the economic vibrancy of our collective community through attracting new businesses and new jobs to our 11-county region. Select assists companies interested in locating in Greater Philadelphia by providing resources, detailed information, and connections.