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 […]

PHL Connects Region’s Life Sciences Ecosystem to the World

Philadelphia International Airport’s James Tyrrell shared how PHL contributes to the life sciences sector.

Spark Therapeutics Plans Gene Therapy Manufacturing Plant in University City Worth $575M

Spark announced the signing of a 99-year ground lease for its new 500,000-square-foot gene therapy manufacturing plant on Drexel University’s campus.

Recent Real Estate Transactions Across Our Region

Arts & Crafts Holdings obtains a $25 million construction loan and other regional companies sign leases for 20,000-square-foot facilities.

Philadelphia Is Among The “Rising Cities” Attracting Millions in Startup Funding

Startups in […]

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

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