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Stories From Our Region – May 2022

New Select Greater Philadelphia Website Tells Companies and Talent: “Achieve Your Vision Here”

Select has launched a revamped website targeted toward companies, entrepreneurs, site-selectors, and talent interested in the 11-county Greater Philadelphia region’s location and opportunities. The site’s resources include an interactive regional map, along with property and job search tools.

Greater Philadelphia’s Venture Capital Investments Grow More in Q1 than All Other U.S. Metros

The region saw a 71% increase in startup funding over the first three months of 2022, the largest first-quarter growth experienced by any major metro in the country this year.

The Thriving Life […]

PHL Connects Region’s Life Sciences Ecosystem to the World

Accessibility is one of the attributes that make Greater Philadelphia a leading global life sciences ecosystem. James Tyrrell, chief revenue officer at Philadelphia International Airport (PHL), answered questions about how PHL contributes to the life sciences sector with a cold-storage facility, daily direct international service, and its location on the East Coast.

What are Philadelphia International Airport’s cold-storage capabilities?

American Airlines’ largest cold-storage facility is located at Philadelphia International Airport (PHL). This 25,000 square-foot facility dedicated specifically to pharmaceutical use includes 3,000 square feet that is refrigerated between 36 degrees and 43 degrees, and dedicated space with the capability to refrigerate cargo […]

Stories From Our Region – November 2021

People Are Talking about Greater Philadelphia

Global publications help amplify what those of us who live in Greater Philadelphia already know – this is a place with a great quality of life.

One uCity Square Topped Off with Next Lab Project in Sight

The need to design another project to capture the demand for lab space reflects the advancement of life sciences and the infusion of venture capital in Philadelphia.

Arden Group $800M Joint Venture to Focus on Infill Industrial Investments

Joined by Arcapita Group Holdings, an international investment firm, the goal is to

People are Talking about Greater Philadelphia

Isn’t it wonderful when people say something nice about you? That’s a feeling Greater Philadelphia has been experiencing a lot lately, as global publications help amplify what those of us who live here already know – this is a place with a great quality of life.

TIME magazine recognized it when it named Philadelphia one of the “World’s Greatest Places 2021. (July 2021). Outside magazine stated it when it placed Philadelphia on its list of 2021’s Best Towns (October 2021). Condé Nast Traveler spotlighted it when it designated Philadelphia a must-visit destination, one of only eight on its editors’ “The Best […]

Stories From Our Region – October 2021

WuXi Closes Middletown Land Acquisition

The Middletown farmland, acquired in a $30 million deal, is set to become a major employer for New Castle County and Delaware as a whole by bringing hundreds of good-paying, diverse jobs to the area, advancing their goal of growing their biotech industry.

Iovance Biotherapeutics Officially Opens $125M Cell Therapy Center at the Philadelphia Navy Yard

The company’s state-of-the-art cell therapy center is the first scalable manufacturing facility dedicated to producing potentially life-saving TIL cell therapies.

Siemens Healthineers Plans $32M Glasgow Expansion

The expansion project aims to

Stories From Our Region – September 2021

Rite Aid Corp. Moving Headquarters to Philadelphia Navy Yard

Focused on flexibility for associates, the official headquarters space, which employees will begin moving into the first half of 2022, will be designed specifically for in-person collaboration and company gatherings.

International Gene Therapy Developer Opens U.S. offices in Montgomery County

Exegenesis Bio of China’s business offices in Lower Gwynedd will give the company the flexibility to scale its office and laboratory space in the near term. It also plans to add 25 new clinical, regulatory, and administrative roles to the Philadelphia region within the next year.

Cambridge […]

Stories From Our Region – August 2021

Biomeme Doubles Space with Center City Headquarters Relocation

Growth due to the success of its COVID test has led the diagnostic company’s to relocate its headquarters, lab, and production to the 44,000 square feet space on 401 N. Broad St., which will accommodate all of the uses it needs in one location.

Life Sciences Firm Aro Biotherapeutics Take Space at the Curtis

The biotechnology company chose the Curtis for the opportunity to design its space to accommodate its biotechnology, chemistry, and protein engineers, as well as to continue its commitment to the growing biotech and […]

August 26th, 2021|Regional News Roundup|Comments Off on Stories From Our Region – August 2021

Stories From Our Region – July 2021

China-Based WuXi AppTec Awarded $19M for Delaware Drug Plant

The proposed 1.7 million-square-foot complex — bigger than Philadelphia’s largest office towers — would be WuXi AppTec’s largest U.S. manufacturing facility.

Penn Medicine’s $1.5B Pavilion Nears Completion

The addition of the Pavilion and shift to fully private patient rooms at the Hospital of the University of Pennsylvania will add an extra 390 beds, increasing the overall capacity to 1,198 beds between HUP and the Pavilion.

PhilaPort Lands $49M Grant for First Deepwater Berth in Nearly 50 Years

The Southport berth project will improve […]

July 29th, 2021|Regional News Roundup|Comments Off on Stories From Our Region – July 2021

Stories From Our Region – June 2021

Wilmington Begins Plans to Invest $100M to Spur Future Waterfront Development

Infrastructure work on the first phase, which will involve 30 acres and cost $30 million, is expected to start this summer.

487,000-Square-Foot Burlington Industrial Building Leased to LC Logistics Services Inc.

Another example of the growth being seen in Southern New Jersey’s industrial market, the Ontario-based logistics company chose the New Jersey location to gain better access to the Northeast Corridor.

Industrial/Flex Real Estate Developer Nears Completion on Hatfield Construction Project

Nappen & Associates looks to attract businesses seeking larger warehouses in industrial hubs to Hatfield […]

June 24th, 2021|Regional News Roundup|Comments Off on Stories From Our Region – June 2021
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