Choosing The Greater Philadelphia Region for Business Expansion

For companies planning their next move, business expansion in the Greater Philadelphia region involves far more than selecting a new location. Fortunately, practical support for relocation, market entry, and long-term growth is available at every stage of the decision.

The Greater Philadelphia Growth Partnership and regional economic development partners all provide businesses with valuable resources, helping organizations evaluate opportunities and turn them into workable plans.

Reaching Markets at Any Size

Expansion teams comparing East Coast markets typically measure three key areas: reach, labor, and cost.

A single day’s drive from the Greater Philadelphia region covers 40% of the […]

$100 Million Investment at Philadelphia Navy Yard Marks Major Growth for Region

A major $100 million investment by Rhoads Industries, in partnership with Pennsylvania Governor Josh Shapiro’s administration, is set to make Philadelphia’s Navy Yard a national hub for submarine manufacturing. Select Greater Philadelphia welcomes this investment news as this expansion is expected to exponentially grow Greater Philadelphia’s manufacturing sector and become an anchor that strengthens our region’s middle market.

The project includes building a new 95,000-square-foot fabrication facility designed for large-scale submarine production and barge shipping operations. This state-of-the-art expansion will double Rhoads’s capacity to support the U.S. Navy’s submarine industrial base, including advanced welding, machining, […]

Greater Philadelphia Expands Life Sciences Infrastructure with Landmark 2025 Developments

From its legacy as the birthplace of cell and gene therapy to the development of the Nobel Prize-winning COVID-19 vaccine —and most recently, in May 2025, the successful delivery of the world’s first personalized CRISPR therapy—Greater Philadelphia continues to set the pace for life sciences innovation worldwide.

And the world is taking notice.

Health tech innovators, researchers, and companies are increasingly choosing Greater Philadelphia as the launchpad for their breakthroughs because of the region’s unique combination of collaborative infrastructure, world-class research institutions, and access to top-tier talent. As demand accelerates, the life sciences […]

Colliers 2025 Report: Greater Philadelphia Maintains #4 U.S. Life Sciences Market Rank

According to the 2025 National Life Sciences Report by the global real estate company Colliers, the Greater Philadelphia region has maintained its ranking as the #4 U.S. life science market, the same as in 2024.

The annual life science market ranking compares 18 leading U.S. life market metros based on weighted criteria around several key factors, as follows: 2024 venture capital funding (40%), the size of the market inventory (40%), FY 2024 NIH funding (5%), 2024 research-oriented life sciences workforce (5%), 2023 biomed degree completions (5%) and the amount of space absorbed […]

Greater Philadelphia Life Sciences Industry Hub Poised for Success in 2025

The Greater Philadelphia region continues to solidify its position as a nationally leading life science hub, thanks to its dense network of top-tier incubators and prime location, which topped the priority list for both life science real estate investors and companies in the past year and is listed as a life science trend to watch for 2025.

A new report by JLL on life science real estate trends to watch in 2025 affirms the growing appeal for collaborative lab spaces […]

Conversation with PA DCED’s Chief Commercial Officer Aaron Pitts

The Chamber of Commerce for Greater Philadelphia (the Chamber), through its regional economic growth initiative, Select Greater Philadelphia (Select), is dedicated to advancing and promoting the Greater Philadelphia region as a top global destination for business and a leader in inclusive growth.

As part of this effort, the Chamber partners with and brings together economic development organizations and key stakeholders from across the three-state, 11-counties region to align our work to maximize economic impact.

This month, we spoke with Aaron Pitts, Chief Commercial Officer of the Pennsylvania Department of Community and Economic Development […]

Adare’s Headquarters Move to Pennsylvania Highlights State Leaders’ Support for Life Science Industry

Adare Pharma Solutions, a member of The Chamber of Commerce from Greater Philadelphia (the Chamber) and a global leader in pharmaceutical development and manufacturing, has relocated its headquarters to PennsylvaniaThis move marks a significant milestone for Adare, Pennsylvania, and the Greater Philadelphia region, underscoring the area’s growth and prominence in the life sciences industry.

According to JLL’s annual analysis, Greater Philadelphia now ranks as the #8 U.S. life science cluster, moving up one spot from last year and surpassing New York […]

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 […]

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