Fore Biotherapeutics Establishes Global Headquarters in Philadelphia The precision oncology company plans to utilize the city’s experienced life sciences industry workforce, major universities, health care institutions, and laboratory space to fuel its operational growth. Urban Renewal LLC Sets Foundation for New Warehouse in Pemberton Township With the potential to bring 130 residential jobs to the
PIDC, Ensemble, and Mosaic Unveil Navy Yard Master Plan The first phase of the $2.5 billion development plan will include two advanced life sciences buildings followed by significant residential and hospitality initiatives. Hear directly from the developers and learn more on May 6. Biomeme Signs Deal to Double Space The relocation to Center City comes
Governor Wolf Announces BNP Paribas Expansion in Southeastern Pennsylvania A leading European bank has committed to investing $18 million into the project, which will retain over 100 existing jobs and bring nearly 300 full-time, high-quality jobs to the region. Century Therapeutics Significantly Expands Capabilities with New Facilities in Pennsylvania and New Jersey This cell therapy
Almost 150 Manufacturing and Chemical Jobs Headed to Delaware In addition to more job opportunities, the expansion of three companies into Wilmington and New Castle County will improve public infrastructure and contribute to the economic wellbeing of Delaware. Denver Developer Buys 45 Acres of Industrial Property in Burlington County The county’s rich transportation assets continue
Economic Development Experts See Growth Opportunities Ahead for Greater Philadelphia A boom in the local life sciences industry and redevelopment of commercial corridors has led to an unexpected revival of manufacturing job in Greater Philadelphia during the pandemic. New Jersey Plans $250 Million Facility for Making Offshore Wind Components New Jersey Gov. Phil Murphy believes
Amazon to expand cloud computing services in Philadelphia in 2021 E-commerce giant Amazon.com Inc. is stretching its reach even further into providing cloud computing services, and the Philadelphia area will play a role in the company’s technology expansion plans. Saudi company pays $225M for majority stake in Blue Bell’s Arborcrest Corporate Campus The massive acquisition
NorthPoint plans $1.5B redevelopment of U.S. Steel site in Bucks County, 5,000 new jobs NorthPoint plans to work on getting township approvals for the phased development of what it is calling the Keystone Trade Center, which developers expect to create between 5,000 and 10,000 new jobs. N.J.’s life sciences industry stoking real estate demand during
Community celebrates $19 million expansion of Pennsylvania Biotechnology Center in Doylestown The long-awaited project is expected to bring more than 100 new jobs to the facility after its planned fall 2021 opening. From Budapest to the Philadelphia suburbs: Why this pharma company moved its HQ 4,400 miles The company picked the Philadelphia market due to
