Major Developments Facilitate Greater Philadelphia’s Growth

Life sciences, technology, and manufacturing are three of the leading industries in Greater Philadelphia and recently announced major development projects continue to accelerate growth in these sectors.

Exelixis Inc. Partners with Brandywine Trust Realty to Develop East Coast Office

The California biotech company is targeting King of Prussia for its built-to-suit facility, citing the area’s convenient access to Greater Philadelphia and central New Jersey’s talent pool.

Regional Companies Partner to Develop $85 Million Cold Storage Facility in Philadelphia

The new cold storage facility in Port Richmond will be part of a […]

PIDC Seeks Biotech Campus Partner

Positioned on 40 acres of land within the Lower Schuylkill Innovation District, the project will offer up to one million square feet of manufacturing space and create a pivotal life science center in the heart of Greater Philadelphia.

Philadelphia Joins Bid to House The Advanced Research Project Agency for Health (ARPA-H) Headquarters

Over 80 regional leaders, including the Chamber, have come together to attract the multibillion-dollar new science agency to Philadelphia.

Industry-Leading Green Energy Startup Chooses New Castle County for Expansion

Versogen’s $4.8 million expansion includes moving […]

University of Pennsylvania Announces New Life Sciences Facility to Support Region’s Discovery

The 455,000-square-foot addition to the 23-acre site is anticipated to open in Q4 2025, providing speculative labs to accommodate life sciences companies and incubator startups.

New Navy Yard Plan Includes Transformations to Create a New Neighborhood in the City

Developers Mosaic Development Partners and Ensemble Real Estate Investments’ plan calls for 8.9 million square feet of residential, commercial, and retail space. Such transformation would bring about an estimated 12,000 new jobs to the Navy Yard.

Governor Wolf Announces GLG Expansion Into Region, Creating 250 High-Quality Jobs […]

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 […]

Regional Leaders Praise Greater Philadelphia’s Culture, Cuisine, and Quality of Life

Greater Philadelphia’s leaders highlight our region’s strengths to make a case for why Life sciences companies should consider relocating here to achieve their vision.

Join the Chamber for a dynamic event that will bring leaders together to explore developments impacting our region’s life sciences market.

Incyte’s New 200,000-Square-Foot Building Will Bring More Workers to Wilmington Headquarters

The new 200,000-square-foot research building, featuring four floors of lab space, will house over 440 research and clinical development employees.

PHL to Kick Off First Phase of […]

Medaglio to Direct Chamber’s Business Attraction & Expansion Efforts

The Chamber names James Medaglio as Director, Business Attraction & Expansion focusing on identifying, engaging, and assisting companies looking to relocate or expand in the Greater Philadelphia region.

ChristianaCare to Acquire Crozer Health from Prospect Medical Holdings

ChristianaCare signed a letter of intent to acquire Crozer Health from Prospect Medical Holdings, a change in ownership that will increase access to care and health equity.

The Wistar Institute Received A $250K Federal Grant to Strengthen Life Sciences Workforce

Philadelphia’s Wistar Institute is one of […]

Surge in Life Sciences Investment in Region Continues

The Greater Philadelphia region saw more than $12 billion invested in the life sciences sector in 2021.

Philadelphia Industrial Market Closes Out Another Record Year

Two year-end acquisitions totaling $45 million contributed to another record year in industrial sales for the region.

Record Construction Activity For Philadelphia

The Department of Licenses and Inspections has issued permit approvals likely to result in the construction of roughly triple the number of the average total per typical year.

Velocity Venture Partners Makes $32 Million Purchase in South […]