Economic Development
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Southwest Philadelphia ‘CEO Big Duke’ Creates Opportunity, Gives Back to His Community
Saul Landers, better known as “CEO Big Duke”, creates opportunities in his native Philadelphia to give back to the community that raised him, reports Mike Jerrick for FOX 29 Philadelphia. He buys properties in Southwest Philadelphia to build up the area. He also often hosts community events that provide various resources to those in need.…
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Philadelphia Tops List of Cities Where Inflation Is Rising Most
Philadelphia came out on the top among the nation’s 22 largest metropolitan areas based on where inflation is rising the most, according to a recently released report by WalletHub. To determine in which cities inflation is rising more quickly than others, WalletHub compared the 22 metropolitan areas across two key metrics related to the Consumer…
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Philadelphia Ranks Among 20 Cities with Lowest Income Limits for Middle Class
It takes much less to be part of the middle class in Philadelphia than for the majority of the 100 largest U.S. cities, writes Patrick Villanova for SmartAsset. The middle class is considered to be a backbone of the American economy, but it has been continuing to shrink. In the past 50 years, the percentage…
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Center City’s Economy is Recovering, But Some Areas Are Still Not Back to Pre-pandemic Levels
Thanks to its mix of residential, office, retail, medical, and entertainment buildings, Center City’s economy has been successfully recovering from the pandemic, but the bounce back is still incomplete, writes Michaelle Bond for The Philadelphia Inquirer. Philadelphia is the third most populated city in the nation, which helps in the recovery as tourists and office…
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See How Philadelphia Ranked Among Large Cities Based on Downtown Pandemic Recovery
Philadelphia ranked in the lower part of the list among 31 large cities based on how quickly their downtowns surged back after the pandemic shutdowns, writes Amy Larson for PHL 17. Researchers at the Institute of Governmental Studies’ public policy research center looked at various economic health factors for 31 major large cities to determine…
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Philadelphia Ranks High Among Business Districts with the Most Co-working Spaces
Philadelphia has ranked in fifth place based on the most co-working spaces in central business district locations, writes Balazs Szekely for CoworkingCafe. The majority of significant central business districts can be found on the East Coast, including New York City, Boston, and Philadelphia, according to a recent report by the nationwide employment-trend analysis blog. Its…
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Philadelphia Is Incentivizing Developers to Add More High-Value Center City Development in Place of Parking Spaces
Philadelphia’s surplus of parking spaces is prompting the city to incentivize developers to add more high-value Center City projects instead, writes David Harrison for The Wall Street Journal. The city estimates that parking spots in downtown garages went down in number from 50,023 in 2010 to 45,898 in 2020, to be replaced with office and…
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PHILADELPHIA Today Wishes You Merry Christmas and Happy Holidays
PHILADELPHIA Today would like to wish you and your family a Merry Christmas and Happy Holidays! If 2023 has taught us anything, it’s that the world continues the change at a dizzying pace. Some things never change, however, including our eternal gratitude for your dedicated readership and for allowing us to try to brighten each…
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