South Jersey’s Jefferson Washington Township Hospital broke ground on its $205 million expansion project earlier this month. The health facility will receive an eight-level parking garage, a seven-floor patient tower with a new lobby, a same-day surgery unit and recovery room, and a new processing distribution center. “Our Washington Township facility continues to evolve and […]
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Entries by Danielle Hagerty
College Square Shopping Center in Newark, DE, is about to receive a makeover. Real estate investor Fusco and apartment developer CornerstoneTracy have partnered up to transform the square with retail shops, restaurants, and apartment complexes. “[This project will] transform the College Square property into a walkable and bikeable active lifestyle center, with high-quality apartments designed […]
Philadelphia ranked third in the nation for attracting talented workers, according to a recent JLL Research analysis. The report was based off of census bureau data that measured the population growth of adults 25 and over with bachelor’s degrees between 2012 and 2016. Philadelphia beat out powerhouse cities such as New York, San Francisco and […]
Delaware is ranked 49th in the country for personal tax burden. That’s according to a Delaware Business Now article, which covered analysis from WalletHub that compared the property, individual income, and sales and excise taxes of each of the 50 states. Delaware has “the ability to use personal nontax revenues to pay for state operations,” […]
Medical technology firm Proscia Inc., which currently has its headquarters in Baltimore, is moving to Philadelphia. “We want to tap into the talent pool Philadelphia has in the technology field,” said David West, Proscia Inc.’s co-founder and CEO in a Philadelphia Business Journal article. “You have the University of Pennsylvania and Drexel, plus it’s close […]
The Children’s Hospital of Philadelphia (CHOP) was ranked as having the best pediatrics department in the U.S., according to U.S. News and World Report’s recent rankings. “I am proud and excited to once again share the news that our Department of Pediatrics remains the nation’s best,” said Madeline Bell, President and CEO of Children’s Hospital […]
Numerous multifamily apartment complexes are coming to Chester County’s Exton and Downingtown neighborhoods. According to BisNow Philadelphia, real estate company Hankin Group is developing close to 1,000 of these apartments. They are constructing the largest project in the area, River Station, a $100 million investment which will have 442 apartments and will be located on […]
Rowan University’s research funding grew from $9.1 million in 2012 to $34 million in 2016. The school has been expanding rapidly, with a growing student population as well as millions invested into redevelopment projects, including a new, 98,300-square-foot building for the university’s business school. Rowan’s most recent endeavor is a $250K fund that is coming […]
Fourteen companies headquartered in Greater Philadelphia made the Fortune 500 list for 2017. That’s one more than in 2016; Toll Brothers, a real estate company located in Horsham, PA, leapt from #576 to #497. The majority of Philadelphia region companies on the Fortune 500 climbed in their rankings from the previous year, according to a […]
Campbell Soup Company’s 4.4-megawatt solar panel sprawl went live earlier this month. The Camden, NJ-based food company, in partnership with BNB Renewable Energy Holdings, SunPower Corporation, and ORIX USA Corporation, began the development in May 2017. The renewable project will generate 20 percent of the company’s annual electricity, which is more than 5 million kilowatt […]
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.