Showing posts with label Economic Development. Show all posts
Showing posts with label Economic Development. Show all posts

Wednesday, December 27, 2017

Camden has a new development czar, and he feels the stars are finally aligning for the city




Kris Kolluri, CEO-select of Camden’s most ambitious economic development organization, says he vividly recalls the first time we spoke. It was 2015 and a brand-new, locally owned restaurant called Newtown Kitchen was being forced to relocate due to an “eds and meds” project.

Says Kolluri, who starts his Cooper’s Ferry Partnership job on Jan. 15: “You gave me an earful.”
So I suppose it’s only fair that fans of the 48-year-old Haddonfield father of two give me an earful as well.

Tuesday, December 5, 2017

Philly union presses pensions on nonunion hotel




Supporters of Unite Here Local 274 have been mobilizing political support to pressure public pension funds not to invest in a New York fund they say is backing the developer of a Center City convention hotel staffed by nonunion workers.

The 2,500-member local, which represents hotel, restaurant, and other workers in Philadelphia, says the Starwood Aloft at Broad and Arch Sts. was built with public subsidies from government economic development programs designed to help poor people, but questions whether the hotel is actually doing so.
But hotel investors says the Aloft employs already employs lower-income workers.

Wednesday, October 18, 2017

Camden undaunted on Amazon headquarters bid, as N.J. backs Newark




Camden County officials say they plan to press forward with their bid to host Amazon’s second headquarters campus, even after the State of New Jersey announced that it would throw its weight — and offers of tax breaks — behind rival Newark’s efforts to lure the e-commerce giant.

Tuesday, September 26, 2017

Is Philly's public transit ready for Amazon's new headquarters?




The city that attracts Amazon’s new second headquarters would gain 50,000 jobs, billions of dollars in economic development, and potentially a lot more people on roads and public transportation.

The Philadelphia region can handle it, said Barry Seymour, executive director of the Delaware Valley Regional Planning Commission. Though its population has grown recently, the city is still blessed with a transportation infrastructure built for more people than live here today, he said.

A sudden influx of 50,000 workers is “an awful lot to dump into one place,” Seymour said. “But Philadelphia as a city has lost 50,000 workers.”

Wednesday, September 20, 2017

Big Plans Announced to Jumpstart Wayne Junction





Philly Office Retail and Mosaic Development Partners filled Germantowners in on development plans designed to turn a major transit hub into a hub of activity for Germantown and Nicetown.
 

At least this diner won’t be called the Trolley Car.

But the Trolley Car’s owner plans to open another one as one of the first pieces of a multi-part jigsaw puzzle which, when completed, aims to turn the derelict industrial properties around Wayne Junction station into a mixed-use activity hub at the hinge where Germantown and Nicetown meet.

Wednesday, August 30, 2017

Building a region: Lancaster and Lebanon county companies shape the landscape of Central PA




Jeffrey Steckbeck was born and raised in Lebanon County.

He went to college at Penn State University. But then he left the area to work as an engineer at a big firm in Texas. He had great experiences and learned a lot, but when it came time to settle down and build a family and business several years later, he returned to his roots.

He founded Steckbeck Engineering & Surveying in 1990, and it quickly grew to become the dominant firm in Lebanon County. “There was a void in my hometown, and everybody wanted to use me,” he said. These days, his company is among the Lebanon and Lancaster county firms that work in the local construction industry to shape the landscape of Central Pennsylvania.

Steckbeck Engineering & Surveying does work for 5 of the 6 school districts in Lebanon County, 16 of the county's 26 municipalities and many of the largest businesses in the county. The firm has worked with Bell & Evans on projects at its existing chicken-processing facility and just finished a $30 million state-of-the art hatchery nearby.

“I am humbled, grateful and proud that people have relied upon me and my employees to help them,” Steckbeck said.

Having that kind of reputation and relationships with local clients is a big part of why other local companies enjoy doing business in their home area.

Matt Hartzler, president of Warfel Construction, said many of his company’s clients are repeat customers, some becoming clients for life. He said he enjoys projects such as the North Cornwall Medical Center, where the East Petersburg-based general contractor gets to work with other local companies.

“This area is known for quality craftsmen, and there are a lot of good trade subcontractors we can work with,” said Hartzler. “Being from the same area, we have similar approaches to business and make quality a part of what we want to do.”

Brent Kreider, president of B.R. Kreider & Son, Inc., which performs excavation, paving and site management, said employees of his Manheim-based company get to work with members of the local community at all levels, from individual homeowners who need their driveways paved to large retail projects such as The Shoppes at Belmont, a mixed-use development at the corner of Route 30 and Fruitville Pike in Lancaster.

“There are a lot of good people, good businesses and good nonprofits here, and it’s so rewarding to be able to work alongside them to achieve their different missions,” said Kreider. “I really appreciate all the connections that take place.”

B.R. Kreider & Son associates are typically the first ones to arrive on the site of a project — to excavate and prepare the land — and the last ones to leave after putting the finishing touches on asphalt and paving.

“It’s fun to see both ends,” Kreider said. “There’s a sense of pride when you look around the area and you see a project you have been part of. That’s really neat and that’s what gets us excited.”

For a specialty contractor like The Witmer Group of Mount Joy, which specializes in masonry, concrete and façade restoration, and historic preservation, this area of Pennsylvania is a fabulous place to work.
“There are a lot of beautiful buildings here with historic significance,” said CEO Todd Witmer. Many colleges and churches invest in their properties and want to care for their buildings. “We do pretty much everything that is on the exterior of a building, so the results of our work are very evident. You get this great sense of satisfaction from making things last another 50 years.”

When visitors come to the area, he said they are often most impressed by the well-kept buildings that they may not see in their home areas. “It’s a real draw,” he said.

Witmer said at least half of his company’s work is done in Lancaster, Lebanon, Dauphin and York counties. He notes that a vibrant and diversified local economy keeps the region more insulated from economic highs and lows that other parts of the country experience at times.

Wednesday, July 12, 2017

Amtrak zeroes in on a 30th St. Station Plaza as district plan progresses



Amtrak wants to replace the traffic-choked snarl that surrounds Philadelphia’s 30th Street Station with tree-canopied public spaces in an early step toward realizing the transit corporation’s $6.5 billion redevelopment vision for a huge adjacent swath of University City.

The passenger-rail operator plans to present a proposal for what it is calling 30th Street Station Plaza at an open house at the station late Wednesday afternoon.

Friday, May 26, 2017

Independence Seaport Museum pins redevelopment plans on Penn's Landing Park









As budget proposals from Mayor Jim Kenney and Gov. Tom Wolf began to chip away at the $250 million needed to fund the creation of an 11-acre park capping I-95 near Penn's Landing, another player in the future of the Delaware riverfront has been keeping a close watch on the project.

"We are keeping a sharp eye out for what the timeline will be on the park," said Independence Seaport Museum President and CEO John Brady in an interview with the Business Journal.

A 2014 feasibility study from the Delaware River Waterfront Corp. on the redevelopment of Penn's Landing indicated the Seaport Museum would undergo construction as part of the plans.

Sunday, April 23, 2017

The state of Center City Philadelphia - 2017




As a graying boomer living in Philadelphia for more than 40 years, I'm still amazed by the density of pedestrians, even on Sunday and Monday evenings when the place used to be empty. Sure, I'm getting older, but they're really getting younger! It's not just the 107,000 students attending colleges, universities, and medical schools in and around downtown; 40 percent of Greater Center City's full-time population is now age 20 to 34. Boomers, take solace. We're the second-largest demographic downtown and grandparents can smile that 33,471 children have been born to Center City parents. Just watch out for the strollers!

Friday, April 21, 2017

New A.C. master plan means new zoning for South Inlet




A huge portion of vacant land surrounding the former Revel casino in Atlantic City can now be filled with mixed-use residential properties following the Casino Reinvestment Development Authority's approval of a new master plan for the battered Shore resort town.

The change is meant to spur development in Atlantic City, which has seen an uptick in investment in recent months.

The land had previously been designated strictly casino commercial, and the CRDA's approval relaxes zoning to allow for mixed-use residential projects in the city's Tourism District in the South Inlet, Lance Landgraf, of the CRDA, told Philly.com.

Deadline extended again for former Camden prison site





The New Jersey Economic Development Authority has for a second time extended the deadline for developers to express interest in the former Riverfront State Prison, a parcel that some have called the “most valuable piece of real estate in North Camden.”

The EDA began in November 2016 to seek out developers for the nearly 9-acre tract that fronts the Delaware River through an open bid process that asked them to submit their qualifications as a first step in a process to develop the property.

The property fronts the Delaware River and has views of Philadelphia.

Friday, April 7, 2017

Kinsley picked for Yorktowne renovation



York County-based Kinsley Construction Inc. has been chosen as construction manager for the Yorktowne Hotel renovation project in downtown York.

Kinsley was unanimously chosen by the hotel's owners, the York County Industrial Development Authority, at its meeting Tuesday morning.

The Yorktowne closed in November for what its owners have called a two-year, $20 million renovation project.

Monday, April 3, 2017

Camden trainees making transition to jobs



CAMDEN - It is not, Bob Schiavinato said, a social welfare program.

"It's a social justice program," he said, sitting in a construction trailer outside what will soon become Camden Prep, a Renaissance school rising on Haddon Avenue in the city's Parkside neighborhood. "It's getting everyone to the same starting line."

Schiavinato was talking about the Camden Construction Careers Initiative, and about the Union Organization for Social Service (UOSS), and efforts to make sure city residents benefit from the many construction jobs at projects all over the city.

Monday, March 20, 2017

DRIVING INDUSTRIAL GROWTH: New Route 33 interchange opens eastern Norco to explosive development


PHOTO/STEVE WILLIAMS, FLIGHT QUEST AERIAL PHOTOGRAPHY 
Industrial development in Plainfield Township near the Wind Gap exit of Route 33 is on the rise. One reason why is similar growth farther south on the Route 33 corridor in Palmer Township.

When Route 33 was extended to Interstate 78 in 2002, it quickly led to retail and, later, health care development in southern Northampton County.

Logistics centers and warehouses, meanwhile, were slower to develop along the Route 33 corridor in Northampton County.

Not anymore.

The 2015 opening of the long-awaited Charles Chrin interchange in Palmer Township has led to scores of millions of dollars in distribution centers near Route 33 in the township.

Tuesday, February 28, 2017

Philadelphia to offer free rent to lure suburban companies: Report



Up to 25 suburban companies willing to move at least 20 of their employees into the city could receive thousands of dollars in free rent, according to a new report.

On Monday, the city announced it would reveal details of a "new incentive program" that "aims to attract suburban companies and other enterprises outside of Philadelphia to set up satellite offices in the city" on Tuesday.

Friday, February 17, 2017

Surge of new apartments could tip central Philly into surplus, study finds



The surging number of rental apartment projects in and around Center City will likely result in a surplus that lifts vacancies and lowers rents, according to a report released Thursday by the Center City District business-improvement group.

A total of 3,127 new units are scheduled for delivery this year in an area largely bounded by Girard Avenue to the north and Tasker Street to the south, between the Schuylkill and the Delaware River, the report’s authors said.

Wednesday, February 1, 2017

Updates: Philly's top office landlord seeks tax reform, says Council drives off jobs




(Update re Council position on tax reform below) Add Jerry Sweeney, CEO at Brandywine Realty Trust, which owns most of the high-rise offices in Center City and University City, to the business people who say Philadelphia's progressive wage and hiring initatives are doing more harm than good to the city's slow-grow workforce. (See my column in Sunday's Inquirer.)

Tuesday, January 31, 2017

With $500 million to spend, Council and Kenney administration clash over terms of Rebuild



It was a dramatic few months in City Hall, as City Council weighed Mayor Kenney’s proposed tax on sugary drinks.

But that was only the first act.

As the second begins, tensions are already building.

Up next is a debate over the mechanics of Rebuild, a $500 million overhaul of the city’s parks, recreation centers, and libraries that the soda tax will in part fund.

Monday, January 30, 2017

Land Bank revises targets in 2017 strategic plan



We are seeing first hand why the land bank may not be as efficient as it could be,” Aviva Kapust, executive director of the Village of Arts and Humanities, told the Philadelphia Land Bank board in a public hearing on January 5. “Two days ago, we were informed that two of our properties in the middle of the art park, two of those privately-owned tax delinquent parcels which were meant to not be on the Sheriff's Sale list were mistakenly added to it. And they were purchased.”

Corcoran to retire from waterfront organization



Tom Corcoran, who was appointed as the first president of the Delaware River Waterfront Corp. when it was formed in 2009, has decided to retire.

Corcoran told the organization’s board that he intends to step down on June 30.

Joe Forkin, who has served as executive vice president for development and operations at the DRWC, will assume the role of president effect July 1.