Fairmount Schuykill

STORIES FROM OUR REGION – December 2020

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 is part of Sidra’s focus on buying properties that have long-term stability and tenants in the life sciences sector.

New Castle County, DSU partner on $5M COVID test lab

The “next-generation” genomics lab will be used primarily to process COVID-19 tests, leading to faster turnaround times for results and increasing Delaware State University’s research profile.

EDA starts process on Wind Port project with RFQ for construction manager

The New Jersey Wind Port will provide purpose-built infrastructure that supports the Offshore Wind industry’s unique needs, attract millions of dollars in investment, and create thousands of jobs for New Jersey residents.

SEPTA doubles down on commitment to $2B King of Prussia Rail project

SEPTA officials recently gave an update on the Norristown High Speed Line’s proposed extension into the area, which included route changes and updates to its five stations.