Article by: Matt Cabrey, Executive Director, Select Greater Philadelphia
“The Greater Philadelphia region has burst onto the global stage through recent milestone events, including the Papal Visit and World Meeting of Families, World Heritage Cities designation, the groundbreaking doublehand transplant at Children’s Hospital of Philadelphia, Forbes 30 Under 30 conference, and the site for the 2016 Democratic National Convention. Our region has a growing population, an excellent transportation infrastructure, and the most medical schools of any metropolitan area in the world.
Greater Philadelphia is better than ever, and here are some reasons why:
1. Growth of Millennials
Not only has the population of the city proper increased by 70,000 residents since 2008, a recent Campus Philly report shows that Philadelphia is the number one city in the U.S. for growth of millennials with a college degree, providing both an unparalleled talent pool and the perfect environment for a burgeoning and prosperous start-up community.
2. International Business
Global companies are recognizing the region as an ideal location to expand their businesses; Italian technology company Fedegari Technologies opened a $3 million center in Bucks County, where Elcon Recycling Services, an Israeli company, is set to construct a treatment facility.
3. Flourishing Startup Community
Conshohocken is one of the best places to start a company, according to NerdWallet. With over 15 business people per 100 residents, and global companies such as AmerisourceBergen, Morgan Stanley, and IKEA calling this Montgomery County town home, the talent pool, quality of life and lower cost of doing business is attracting start-ups like never before.
4. Reimagining Work Spaces
Chester County’s Great Valley Corporate Center created the model for the modern day office park, and is now reinventing how companies and their employees get work done. Liberty Property Trust is transforming the 1970’s Malvern-based center into a pioneering space where employees can do so much more than work.”
Read the full article at GPCC News.