Entries by Danielle Hagerty

Coastal Zone Legislation Will Make Delaware More Business Friendly

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 […]

Four International Companies Select Philadelphia for U.S. Headquarters

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 Gets Preliminary Approval from FDA for Groundbreaking Drug

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 […]

Newark, DE Train Station Breaks Ground

A new train station is coming to Newark, DE. A groundbreaking ceremony was held to mark the commencement of construction of the future Newark Regional Transportation Center. The new station, a $26 million investment, will be a transportation hub that will include a wheelchair accessible platform, improved safety, and expanded parking lot. “Not too long […]

76ers Reveal Innovation Lab in Camden, NJ

Philadelphia basketball team the 76ers unveiled the new 8,000 square-foot Innovation Lab at their facility in Camden, NJ. This new lab will support startups and entrepreneurs working on sports-related technologies and products. “These entrepreneurs, they are different,” said Scott O’Neil, CEO of the Sixers in a Philadelphia Business Journal article. “Sports teams could use a […]

PHL to Receive $900 Million Makeover

The Philadelphia International Airport (PHL) is getting a major makeover worth $900 million. These renovations, the largest in over 15 years, will include a new air traffic control tower, iPads for travelers to order food from their seats, and modernizing the airport’s infrastructure. “Every single seat in every restaurant, and 75 percent to 80 percent […]

Villanova to Open Conference Facility and Hotel

Delaware County’s Villanova University will be opening their renovated hotel and conference center, The Inn, on July 1. The facility, which has undergone renovations since November 2016, will include 56 hotel rooms, 14 meeting rooms, and a 5,000 square-foot ballroom. This kind of development makes a positive impact on the regional economy, serving as a […]