Navy Yard Celebrates New Liberty Property Trust Building & Park

Liberty Property Trust, together with its partner Synterra, broke ground on a 94,000 square-foot office building on June 30 at the Navy Yard.  It is the first Philadelphia building designed by world-renowned architecture firm, Bjarke Ingels Group (BIG), and features a curved façade which appears to defy gravity. Liberty Property also cut the ribbon on an adjacent park called Central Green, which it developed with Synterra, PIDC and the Commonwealth of Pennsylvania.  The five-acre site includes fitness apparatus, hammocks, chaise lounges, bocce, table tennis, and more.

“We are further advancing The Navy Yard as one of the most compelling work environments in the Philadelphia region,” said John Gattuso, Liberty Property Trust senior vice president and regional director in a recent Benzinga article. “Increasingly, The Navy Yard is a place where employees want to work and businesses from around the world want to call home.”

Read more here:

King of Prussia Mall’s Expansion Unfolding

A massive new corridor linking the Plaza and the Court at The King of Prussia Mall is well underway.  It is a part of a two-year plan to add 50 new retailers, including premium brands, restaurants, and a new dining pavilion.  The renovations are expected to be complete by the fall of 2016.

For more, read the full article here:

Delaware-Based Integrity Staffing Solutions Among Nation’s Largest

Integrity Staffing Solutions, based in New Castle, Delaware, is now the 30th largest staffing firm in the U.S., up 10 spots from last year, according to Staffing Industry Analysts’ annual ranking.  Specializing in clerical and light industrial staffing solutions for clients such as Amazon, the firm is also one of Inc. Magazine’s fastest-growing companies in the U.S. for 12 consecutive years.

To learn more, read the Delaware Online story:

Philadelphia Boasts Diverse STEM Workforce

Women make up 37 percent of STEM employees in Philadelphia, compared with a national average of 26 percent.  That makes the city one of the top five in the nation for diversity of its science, technology, engineering and math workforce, beating out Austin, TX and San Francisco and San Jose, CA, all considered to be at the core of the STEM industry.  African Americans account for 18 percent, Asians 14 percent, and Latinos seven percent of Philadelphia employees who work in STEM fields.  The report was published by SmartAsset, which compared the 210 cities with the largest STEM workforces.

Read the Philadelphia Business Journal story here:

Wexford Science + Technology Set to Expand University City Science Center Campus

The University City Science Center and Wexford Science + Technology are teaming up to expand the Science Center up to 4 million square feet over the next 10 years in order to further establish the area as an innovation district.

Wexford, a subsidiary of BioMed Realty, caters to the needs of growing institutions. It has a 15 year track record and specializes in university collaboration and innovation, two things that the Science Center sought out in choosing a partner for the initiative.

The Science Center’s location in University City provides the joint venture with an opportunity to support the surrounding community of science and technology companies. Over its more than 52 year history, the Science Center has done much to progress the entrepreneurial activity in the surrounding community, and this expansion will further stimulate enterprises such as job creation, business growth and retention, and economic development.

“Growing our brand and campus in concert with the growth of University City is a logical and welcome progression of the work we’ve done over many years,” noted Science Center President & CEO Stephen Tang in a recent press release. “[We’ve] created and operated programs that support scientists, entrepreneurs and companies throughout the region and make University City recognized as a world-class innovation hub. Our strong partnership with Wexford enables us to take a proactive and engaged approach to the changing landscape of Philadelphia’s fastest-growing innovation neighborhood.”

To learn more, you can read the full press release here:

Delaware County Launches New Economic Development Marketing Initiative

On May 12, the Delaware County Council revealed a new economic development marketing plan that showcases the region as a competitor in the global economy.

The marketing plan, titled “Get the Edge in Delaware County,” acts to draw businesses that are looking to expand or relocate to the area. The initiative also targets entrepreneurs and global industries.

“On County Council, we firmly believe we have distinct advantages in transportation, a skilled work force, great universities and other assets that make us competitive,” said County Council Chairman Mario Civera Jr. in a Delaware County Daily Times article. “Now we can harness the full benefit of those assets by telling our story to the region, the nation and the global market. We plan to let everyone know they can find their ‘edge’ here in Delaware County.”

Read the full article here:

Sunoco Logistics Exploring Pipeline Expansion

Sunoco Logistics Partners LP is considering adding a second pipeline to their Mariner East II project. If added, the pipeline would double the daily usage of natural gas liquids.

Sunoco Logistics has already gained permission to build two pipelines through West Virginia and Ohio as a part of the Marcus Hook Industrial Complex.

Jeffery Shields, Sunoco’s Communications Manager, said in a Philadelphia Business Journal article that the addition of a second pipeline would both save money for the business and prevent disturbances with home and property owners situated along the path.  Shields also said that the second pipeline will be dependent on whether or not it will be successful in its capacity. The company is currently weighing the impact on the surrounding community.

To learn more about the project, visit the Philadelphia Business Journal here:

Sellersville Business Campus to come to Bucks County

A ceremony was held on Thursday, June 4 at 10:30AM for the groundbreaking of the Sellersville Business Campus, which is set to be built on an industrial site in Bucks County.  A total of 44 acres of land are planned to be used for the development.

Demand for new offices space in this area is very high due to its convenient location and close proximity to PA Route 309 and the Pennsylvania Turnpike.

There is also a strong workforce to draw from in the surrounding area. “We’ve got a skilled workforce here in Bucks County,” said Bucks County Commissioner Chairman Rob Loughery in a recent WFMZ interview. “We have a community college that helps train a lot of employees to be able to participate in that type of skilled labor, so I think that’s the type of opportunities for business to come and locate here.”

For more information, check out the full article here:

Governor Markell Reveals Details of IT Job Training in Delaware

Earlier this month, Governor Jack Markell announced details of Delaware’s new IT initiative, TechHire, which will provide training opportunities for residents seeking employment opportunities in the technology field.

The goal of TechHire is to provide Delaware residents with certifications for IT jobs. It establishes an alliance between businesses and training partners, allowing participants of the program to become certified in months as opposed to years. TechHire has gained recognition from the White House as a model training program.

“In an economy forever transformed by new technology and global competition, it’s more important than ever that we give Delawareans the best chance to acquire skills most valued in the workplace,” said Markell in a recent press release. “With hundreds of open IT jobs in the state, it’s clear that we must think differently about training in this field and connect more people to well-paying technology careers.”

To learn more about the initiative, visit the Delaware Government site here:

Photo source: Delaware Public Media

Survey Shows High Retention Rates for College Graduates in Philadelphia

A recent Philadelphia Business Journal article revealed that Philadelphia has some of the highest college graduate retention rates compared to other east coast cities.

More than 60 percent of Philadelphia graduates said they want to stay in the region after they graduate, higher than Boston’s 50 percent and Baltimore’s 38 percent. Furthermore, recent graduate’s views of the city are higher than they were five years ago, with 73 percent saying that they would recommend Philadelphia as a great place to live, up from 53 percent in 2010.

Campus Philly, an organization founded 10 years ago to connect students with opportunities in the region and encourage students to stay and find employment in Greater Philadelphia after they graduate, released their updated figures earlier this month.  With support from nearly 40 universities in the region, Campus Philly has successfully increased awareness of the resources and opportunities for students across Greater Philadelphia.

To see more results, read the full Philadelphia Business Journal article here: